Median home value: $354K (+3.6% YoY). Rent: $2,296/mo. Price-to-rent: 12.8x. 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$353,552
+3.6%
Rent$2,296/mo
AFFORDABILITYRenting $207/mo cheaper ($2,296 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Lockport.
$70,710 on $353,552
Out of reach — 40% of income
Need $107,271/yr to afford.
PITI$2,503
P/I40%
Afford$247K
Gap-$106K
P&I $1,696Tax $657Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing