Median home value: $320K (+3.0% YoY). Rent: $1,720/mo. Price-to-rent: 15.5x. 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$320,290

+3.0%

Rent$1,720/mo

AFFORDABILITY

Enter your income for Elgin.

Income (annual)

Down Payment

$64,058 on $320,290

Out of reach — 36.5% of income

Need $97,757/yr to afford.

PITI$2,281

P/I36.5%

Afford$246K

Gap-$75K

P&I $1,536Tax $595Ins $150

Renting $561/mo cheaper ($1,720 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.

ELGIN, IL