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Chicago city, IL

ZIP 60632 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60632

Median Home Value
$240,600
Median Rent
$913
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,546/mo PITI).

18%
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.

22.0 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 60632 in Chicago city, IL, a household would need roughly $66,000 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 $1,546. That is roughly in line with the local median household income ($60,576). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.9%-12% vs US avg
x
Vacancy Rate
6.2%-39% vs US avg
x
Broadband Access
80.5%-7% vs US avg
x
4+ Bedrooms
7.4%-50% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
18.6%-63% vs US avg
x
Mortgage-Free
44.0%+15% vs US avg
x
$240,600
Home Value
$913
Rent
1944
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached38.6%
  • 1-unit attached2.4%
  • 2-9 units56.5%
  • 10+ units1.7%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$240,600
Median rent$913
Owner-occupied57.9%
Vacant6.2%
Price-to-income4.0x
Est. income to buy$66,000