Median home value: $416K (+6.5% YoY). Rent: $1,760/mo. Price-to-rent: 19.7x. 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$415,942
+6.5%
Rent$1,760/mo
AFFORDABILITYRenting $1,158/mo cheaper ($1,760 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Mount Prospect.
$83,188 on $415,942
Out of reach — 46.7% of income
Need $125,057/yr to afford.
PITI$2,918
P/I46.7%
Afford$249K
Gap-$166K
P&I $1,995Tax $773Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing