The median home in Chicago Heights, Illinois is valued at $162,100, down 2.0% year over year. Typical monthly rent is $1,466, producing a price-to-rent ratio of 9.2x — below the national average of 18x. Chicago Heights is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →
Home Value$162,100
-2.0%
Rent$1,466/mo
AFFORDABILITYBuying $195/mo cheaper ($1,466 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Chicago Heights.
$32,420 on $162,100
Affordable — 20.3% of income
Under the 28% guideline.
PITI$1,271
P/I20.3%
Afford$223K
Room+$61K
P&I $820Tax $301Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Illinois
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Full Chicago-Naperville-Elgin, IL-IN-WI analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.
View Chicago-Naperville-Elgin, IL-IN-WI metro →