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Chicago city, IL

ZIP 60629 — Housing & Real Estate

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

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60629

Median Home Value
$236,300
Median Rent
$951
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,518/mo PITI).

19%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

20.7 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 60629 in Chicago city, IL, a household would need roughly $65,000 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 $1,518. That is roughly in line with the local median household income ($58,813). 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
61.2%-6% vs US avg
x
Vacancy Rate
5.7%-45% vs US avg
x
Broadband Access
81.1%-7% vs US avg
x
4+ Bedrooms
8.6%-42% vs US avg
x
Built Pre-1939
12.4%-3% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
27.9%-44% vs US avg
x
Mortgage-Free
38.7%+1% vs US avg
x
$236,300
Home Value
$951
Rent
1952
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 detached54.3%
  • 1-unit attached1.9%
  • 2-9 units37.4%
  • 10+ units6.0%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$236,300
Median rent$951
Owner-occupied61.2%
Vacant5.7%
Price-to-income4.0x
Est. income to buy$65,000