The median home in Hazel Crest, Illinois is valued at $170,162, down 2.6% year over year. Typical monthly rent is $2,500, producing a price-to-rent ratio of 5.7x — below the national average of 18x. Hazel Crest 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$170,162

-2.6%

Rent$2,500/mo

AFFORDABILITY

Enter your income for Hazel Crest.

Income (annual)

Down Payment

$34,032 on $170,162

Affordable — 21.2% of income

Under the 28% guideline.

PITI$1,327

P/I21.2%

Afford$224K

Room+$54K

P&I $860Tax $316Ins $150

Buying $1,173/mo cheaper ($2,500 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 Hazel Crest 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 →

HAZEL CREST, IL