US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 60621
  5. Housing & Real Estate
Chicago city, IL

ZIP 60621 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60621

Median Home Value
$161,900
Median Rent
$839
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,040/mo PITI).

30%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

4.9x
Home Price-to-Income Ratio

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

16.1 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 60621 in Chicago city, IL, a household would need roughly $45,000 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 $1,040. That is about 35% above the local median household income ($33,235), 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

Vacancy rate 26% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
25.0%-62% vs US avg
x
Vacancy Rate
25.8%+151% vs US avg
x
Broadband Access
77.3%-11% vs US avg
x
4+ Bedrooms
5.4%-64% vs US avg
x
Built Pre-1939
10.3%-19% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
28.4%-43% vs US avg
x
Mortgage-Free
53.0%+39% vs US avg
x
$161,900
Home Value
$839
Rent
1943
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached24.4%
  • 1-unit attached2.5%
  • 2-9 units52.4%
  • 10+ units20.6%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$161,900
Median rent$839
Owner-occupied25.0%
Vacant25.8%
Price-to-income4.9x
Est. income to buy$45,000