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Burr Ridge village, IL

ZIP 60527 — 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 60527

Median Home Value
$488,300
Median Rent
$1,397
Affordability Snapshot
$134,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,137/mo PITI).

15%
Rent-to-Income Ratio

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

4.4x
Home Price-to-Income Ratio

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

29.1 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 60527 in Burr Ridge village, IL, a household would need roughly $134,000 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 $3,137. That is about 21% above the local median household income ($110,482), so the median earner would likely stretch or need a larger down payment. 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
77.9%+19% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
10.4%-30% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
24.6%-51% vs US avg
x
Mortgage-Free
51.8%+36% vs US avg
x
$488,300
Home Value
$1,397
Rent
1981
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached53.0%
  • 1-unit attached7.2%
  • 2-9 units16.3%
  • 10+ units23.1%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$488,300
Median rent$1,397
Owner-occupied77.9%
Vacant7.5%
Price-to-income4.4x
Est. income to buy$134,000