Median home value: $219K (-0.2% YoY). Rent: $1,600/mo. Price-to-rent: 11.4x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$218,552
-0.2%
Rent$1,600/mo
AFFORDABILITYRenting $4/mo cheaper ($1,600 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Chicago Ridge.
$43,710 on $218,552
Affordable — 25.7% of income
Under the 28% guideline.
PITI$1,604
P/I25.7%
Afford$238K
Room+$20K
P&I $1,048Tax $406Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing