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Illinois

Please explore any one of the larger metropolitan statistical area (MSAs) in Illinois from the list below, or search for a different market.
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Major metros in Illinois

Bloomington, IL
Diverse economy, strong healthcare and education sectors, affordable housing, strategic location, community-focused development.
Bloomington, IL has a median home value of $229,558, with a year-over-year home value growth of 6.62%. The average rent in Bloomington, IL is $1,195, with a year-over-year rent growth of 8.81%.
$229,558
Median Home Value
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Median Rental Income
6.62%
YoY Home Value Growth
8.81%
YoY Rent Growth
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Rent/Price Ratio
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Population
Carbondale, IL
Diverse economic base with healthcare and education sectors, affordable real estate market, university town attracting students and professionals, and investment opportunities in rental properties.
Carbondale, IL has a median home value of $126,256, with a year-over-year home value growth of 2.04%. The average rent in Carbondale, IL is $760, with a year-over-year rent growth of 6.01%.
$126,256
Median Home Value
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Median Rental Income
2.04%
YoY Home Value Growth
6.01%
YoY Rent Growth
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Rent/Price Ratio
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Population
Champaign, IL
Educational hub, diverse economy, affordable housing, historic properties, strategic location, high quality of life.
Champaign, IL has a median home value of $241,000, with a year-over-year home value growth of 24.20%. The average rent in Champaign, IL is $1,150, with a year-over-year rent growth of 9.52%.
$241,000
Median Home Value
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Median Rental Income
24.20%
YoY Home Value Growth
9.52%
YoY Rent Growth
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Rent/Price Ratio
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Population
Chicago, IL
Strong economy, diverse sectors, historic and modern properties, ongoing development, high quality of life, strategic location.
Chicago, IL has a median home value of $313,396, with a year-over-year home value growth of 7.04%. The average rent in Chicago, IL is $2,038, with a year-over-year rent growth of 5.72%.
$313,396
Median Home Value
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Median Rental Income
7.04%
YoY Home Value Growth
5.72%
YoY Rent Growth
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Rent/Price Ratio
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Population
Danville, IL
Affordable real estate market, revitalization efforts in downtown areas, strong presence of healthcare and manufacturing industries, and investment potential in rental properties.
Danville, IL has a median home value of $80,893, with a year-over-year home value growth of 3.25%. The average rent in Danville, IL is $641, with a year-over-year rent growth of 7.05%.
$80,893
Median Home Value
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Median Rental Income
3.25%
YoY Home Value Growth
7.05%
YoY Rent Growth
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Rent/Price Ratio
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Population
Decatur, IL
Diverse economy, strong manufacturing and healthcare sectors, affordable housing, historic properties, ongoing revitalization.
Decatur, IL has a median home value of $106,553, with a year-over-year home value growth of 10.90%. The average rent in Decatur, IL is $905, with a year-over-year rent growth of 3.69%.
$106,553
Median Home Value
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Median Rental Income
10.90%
YoY Home Value Growth
3.69%
YoY Rent Growth
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Rent/Price Ratio
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Population
Kankakee, IL
Diverse economy, strong healthcare and education sectors, affordable housing, historic properties, strategic location.
Kankakee, IL has a median home value of $195,749, with a year-over-year home value growth of 6.58%. The average rent in Kankakee, IL is $1,240, with a year-over-year rent growth of 7.44%.
$195,749
Median Home Value
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Median Rental Income
6.58%
YoY Home Value Growth
7.44%
YoY Rent Growth
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Rent/Price Ratio
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Population
Peoria, IL
Diverse economy, strong healthcare and manufacturing sectors, affordable housing, historic properties, ongoing revitalization.
Peoria, IL has a median home value of $144,272, with a year-over-year home value growth of 7.92%. The average rent in Peoria, IL is $1,137, with a year-over-year rent growth of 12.96%.
$144,272
Median Home Value
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Median Rental Income
7.92%
YoY Home Value Growth
12.96%
YoY Rent Growth
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Rent/Price Ratio
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Population
Rockford, IL
Diverse economy, strong healthcare and education sectors, affordable housing, new developments, strategic location.
Rockford, IL has a median home value of $184,216, with a year-over-year home value growth of 11.86%. The average rent in Rockford, IL is $1,201, with a year-over-year rent growth of 8.93%.
$184,216
Median Home Value
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Median Rental Income
11.86%
YoY Home Value Growth
8.93%
YoY Rent Growth
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Rent/Price Ratio
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Population
Springfield, IL
Capital city, diverse economy, strong government and healthcare sectors, affordable housing, historic properties, ongoing revitalization.
Springfield, IL has a median home value of $172,620, with a year-over-year home value growth of 6.27%. The average rent in Springfield, IL is $1,001, with a year-over-year rent growth of 7.92%.
$172,620
Median Home Value
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Median Rental Income
6.27%
YoY Home Value Growth
7.92%
YoY Rent Growth
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Rent/Price Ratio
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Population