Safe Rate Local
Learn about the people, housing, costs and businesses in Illinois, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Illinois.
True all-in cost — P&I, taxes, insurance & utilities for homes in Illinois.
Find and compare lenders active near Illinois.
FEMA flood zones and flood insurance estimates for Illinois.
Seismic risk and earthquake insurance estimates for Illinois.
Wildfire exposure and insurance estimates for Illinois.
As of today, the 30-year fixed mortgage rate for Illinois is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for IllinoisThe median home value in Illinois is $206k. The median monthly rent is $872. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Illinois have increased 18.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,133/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Illinois is $97k/year.
Calculate your buying powerThe largest employment sectors in Illinois are retail (20%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.