Housing mix
Chicago, IL housing supply, ownership, and rent
What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Chicago, IL.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The published evidence provides the starting point: Chicago, IL's current ACS housing baseline includes 1,277,054 total housing units, 1,160,205 occupied units, and 116,849 vacant units. Those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 116,849 homes were listed for sale or available to rent at one moment. For borrower planning, reading 1,277,054 total units with 1,160,205 occupied and 116,849 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.
Chicago, IL's ACS median gross rent is $1,440, while renter-occupied units account for 54.0% of occupied housing and owner-occupied units account for 46.0%. In practical terms, the $1,440 median includes rent and certain utilities for the measured rental stock; it does not identify a lease offer comparable to a home under consideration.