The median home in Chicago Ridge, Illinois is valued at $218,552, down 0.2% year over year. Typical monthly rent is $1,600, producing a price-to-rent ratio of 11.4x — below the national average of 18x. Chicago Ridge 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$218,552

-0.2%

Rent$1,600/mo

AFFORDABILITY

Enter your income for Chicago Ridge.

Income (annual)

Down Payment

$43,710 on $218,552

Affordable — 26.6% of income

Under the 28% guideline.

PITI$1,661

P/I26.6%

Afford$230K

Room+$12K

P&I $1,105Tax $406Ins $150

Renting $61/mo cheaper ($1,600 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Chicago Ridge with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

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 →

CHICAGO RIDGE, IL