Median Monthly Payment Chicago MSA

For median-priced home – All Properties
May 2026
$2,122
Year-over-year change
+5%
Compared to $2,028 last year
Difference from state
+2%
Compared to $2,085 in Indiana
View source and notes...

Last update: June 7, 2026, 4:03 a.m. Source: IAR Datawarehouse Data notes: Assumes 10% down payment, 0.77% tax rate, 0.83% insurance rate, 0.79% PMI rate. Interest rates are based on the national 4-week rolling average. Geography notes: Metropolitan Statistical Areas are defined by the U.S. Census Bureau after each decennial census. They are made up of one or more counties and contain an urbanized area with at least 50,000 people. Learn more here: https://www.census.gov/programs-surveys/metro-micro/about.html. Chicago MSA includes Jasper County, Lake County, Newton County, Porter County.