Median home value: $318K (+3.2% YoY). Rent: $2,652/mo. Price-to-rent: 10.0x. 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$318,011
+3.2%
Rent$2,652/mo
AFFORDABILITYBuying $386/mo cheaper ($2,652 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Montgomery.
$63,602 on $318,011
Out of reach — 36.3% of income
Need $97,114/yr to afford.
PITI$2,266
P/I36.3%
Afford$246K
Gap-$72K
P&I $1,525Tax $591Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing