US5.com
  1. Home
  2. States
  3. Illinois
  4. ZIP 60018
  5. Housing & Real Estate
Chicago city, IL

ZIP 60018 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 60018

Median Home Value
$302,400
Median Rent
$1,031
Affordability Snapshot
$83,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,943/mo PITI).

14%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

24.4 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 60018 in Chicago city, IL, a household would need roughly $83,000 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 $1,943. That is roughly in line with the local median household income ($85,415). 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
72.1%+10% vs US avg
x
Vacancy Rate
5.2%-50% vs US avg
x
Broadband Access
89.1%+2% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
6.5%-50% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
15.8%-68% vs US avg
x
Mortgage-Free
43.3%+13% vs US avg
x
$302,400
Home Value
$1,031
Rent
1965
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached55.4%
  • 1-unit attached7.6%
  • 2-9 units13.8%
  • 10+ units9.2%
  • Mobile home & other14.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$302,400
Median rent$1,031
Owner-occupied72.1%
Vacant5.2%
Price-to-income3.5x
Est. income to buy$83,000