Back

Chicago has smallest rent-to-owning cost gap among major US cities at 32%

Verifying
  • Chicago has the smallest owning-versus-renting cost gap among the 20 largest US cities.
  • 32% separates Chicago's $2,923 median mortgage payment from its approximately $2,209 median rent.
  • Chicago rents are rising amid slow construction and limited progress converting offices into apartments.
The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.