Median home value: $370K (+5.4% YoY). Rent: $1,625/mo. Price-to-rent: 19.0x. 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$369,872
+5.4%
Rent$1,625/mo
AFFORDABILITYRenting $986/mo cheaper ($1,625 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Elk Grove Village.
$73,974 on $369,872
Out of reach — 41.8% of income
Need $111,900/yr to afford.
PITI$2,611
P/I41.8%
Afford$248K
Gap-$122K
P&I $1,774Tax $687Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing