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Park Ridge city, IL

ZIP 60068 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60068

Median Home Value
$539,700
Median Rent
$1,400
Affordability Snapshot
$149,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,467/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 60068 in Park Ridge city, IL, a household would need roughly $149,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,467. That is roughly in line with the local median household income ($138,201). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
85.3%+30% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
93.6%+8% vs US avg
x
4+ Bedrooms
7.7%-48% vs US avg
x
Built Pre-1939
7.4%-42% vs US avg
x
Built Post-2014
0.2%-98% vs US avg
x
Rent Burden >30%
16.9%-66% vs US avg
x
Mortgage-Free
40.3%+5% vs US avg
x
$539,700
Home Value
$1,400
Rent
1960
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.6%
  • 1-unit attached3.8%
  • 2-9 units8.8%
  • 10+ units14.5%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$539,700
Median rent$1,400
Owner-occupied85.3%
Vacant5.2%
Price-to-income3.9x
Est. income to buy$149,000