Naperville, IL
DuPage County · Pop. 148,304
Ranked #113 of 243 cities
42Moderate
Median Home Price
🏠$450K
2.8% YoY
Median Rent
🔑$1,800
2.0% YoY
Median Income
💰$110K
Rent Burden
📊23.0%
% of income to rent
Income to Buy
🏦$129K
annual income needed
Income to Rent
📝$72K
annual income needed
Price-to-Income
⚖️4.1x
Homeownership
🏡80.0%
Rent vs. Buy
Buy
$2,395/mo
Est. mortgage (7%, 20% down)
Need $129K/yr income
Rent
$1,800/mo
Median rent
Need $72K/yr income
How Naperville Compares
| Metric | Naperville | Illinois | National |
|---|---|---|---|
| Home Price | $450K | $263K | $410K |
| Rent | $1,800 | $1,238 | $1,500 |
| Income | $110K | $80K | $75K |
| Rent Burden | 23.0% | 32.5% | 30.0% |
Key Takeaways
- • Home prices in Naperville are 10% higher than the national average.
- • Rent is 20% higher than the national average.
- • You need an income of $129K to comfortably buy a home here.
- • The homeownership rate is 80.0%, compared to 65.0% nationally.