Median home value: $539K (+6.7% YoY). Rent: $2,677/mo. Price-to-rent: 16.8x. 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$538,939
+6.7%
Rent$2,677/mo
AFFORDABILITYRenting $1,059/mo cheaper ($2,677 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Park Ridge.
$107,788 on $538,939
Out of reach — 59.8% of income
Need $160,114/yr to afford.
PITI$3,736
P/I59.8%
Afford$252K
Gap-$286K
P&I $2,585Tax $1,002Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing