The median home in Lockport, Illinois is valued at $353,552, up 3.6% year over year. Typical monthly rent is $2,296, producing a price-to-rent ratio of 12.8x — below the national average of 18x. Lockport 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$353,552

+3.6%

Rent$2,296/mo

AFFORDABILITY

Enter your income for Lockport.

Income (annual)

Down Payment

$70,710 on $353,552

Out of reach — 41.5% of income

Need $111,214/yr to afford.

PITI$2,595

P/I41.5%

Afford$238K

Gap-$115K

P&I $1,788Tax $657Ins $150

Renting $299/mo cheaper ($2,296 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 Lockport 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 →

LOCKPORT, IL