Safe Rate Local
Learn about the people, housing, costs and businesses in Markham, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Markham.
True all-in cost — P&I, taxes, insurance & utilities for homes in Markham.
Find and compare lenders active near Markham.
FEMA flood zones and flood insurance estimates for Markham.
Seismic risk and earthquake insurance estimates for Markham.
Wildfire exposure and insurance estimates for Markham.
As of today, the 30-year fixed mortgage rate for Markham is approximately 7.348% (7.365% 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 MarkhamThe median home value in Markham is $140k. The median monthly rent is $1,627. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Markham have increased 7.8% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,197/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Markham is $64k/year.
Calculate your buying powerThe largest employment sectors in Markham are public administration (27%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.