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City · 35,100 residents · Cook County, Illinois

Calumet City , Illinois

In Calumet City, a typical home is worth $145,200 and typical rent is $1,177 a month. Compared with all of Cook County, the typical home value is 55% lower and typical household income is 34% lower.

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  • Typical home value

    $145,200

    55% below the county

    45% below Illinois

    • Calumet City
    • Cook
    • Illinois

  • Typical rent

    $1,177a month

    18% below the county

    8% below Illinois

    • Calumet City
    • Cook
    • Illinois

  • Typical household income

    $55,369a year

    34% below the county

    34% below Illinois

    • Calumet City
    • Cook
    • Illinois

  • Households that own their home

    56%

    2 points below the county

    11 points below Illinois

    • Calumet City
    • Cook
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$155,232
1.7% less than 12 months ago
Typical rent
$1,536 a month
2.2% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Calumet City is in Cook County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cook County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Calumet City apart

What this place has that others do not, from public data, most unusual first.

  1. The typical home in Calumet City is worth $145,200, 55% less than in Cook County as a whole ($324,500).

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Calumet City fell 1.7%; in Illinois, it rose 5.3%.

  3. The typical household income in Calumet City is $55,369, 34% less than in Cook County as a whole ($83,498).

  4. Calumet City has the 17th largest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people (64%).

  5. The typical rent in Calumet City is $1,177 a month, 18% less than in Cook County as a whole ($1,435).

  6. Calumet City has the 30th lowest homeownership rate of the 337 cities in Illinois with more than 5,000 people (56%).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Calumet City

What homes there are in Calumet City, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Calumet City: 54% of homes, more than in Cook County (40%).

Year built

The typical home in Calumet City was built in 1966, 5 years after the typical one in Cook County.

There is more room for a big family here: 58% of homes have 3 bedrooms or more, against 49% in Cook County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Cook County is $2,011; about 91% of rents in Calumet City are below it.

With a mortgage

$1,655 a month

Cook County: $2,270 a month

Without a mortgage

$747 a month

Cook County: $910 a month

Owners with a mortgage

57%

Cook County: 62%

In Calumet City, 57% of owners have a mortgage, and their typical cost is $1,655 a month, against $2,270 in Cook County. Without one it drops to $747.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Calumet City rose 37% since 2015–2019, more than in Cook County (32%).

Since 2015–2019, the typical rent in Calumet City rose 22%, less than in Cook County (28%).

To compare: typical income in Calumet City rose 25%; the home, +37%; the rent, +22%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCalumet CityCook CountyIllinoisUnited States
Rental vacancy 6.0%4.5%5.0%5.5%
Homeowner vacancy 4.3%1.1%1.0%0.9%
More than one person per room 3.3%3.3%2.5%3.4%
People per household 2.452.432.462.53
Drive alone 69%55%66%69%
Carpool 9%8%8%9%
Public transit 9%12%6%3%
Walk or bike Unreliable estimate5%3%3%
Work from home 10%19%16%15%
Other means Unreliable estimate2%1%2%
Typical commute 30 to 39 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

In Calumet City, the rental vacancy rate is 6.0%; in Cook County, 4.5%.

Much as in Cook County, 3.3% of households in Calumet City have more than one person per room.

Much as in Cook County, a household in Calumet City has 2.45 people on average.

The car rules in Calumet City: 69% of workers drive to work alone, and the typical trip takes 30 to 39 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Calumet City?

A typical home is tight for the typical income

We start with a typical home in Calumet City, worth $145,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Calumet City, which is $55,369 a year. For that payment to be 28% of income, a household would need to earn about $63,902 a year.

The calculator's FHA and conventional loan limits are those of all of Cook County.

Your numbers

Local data
$

Starts at the typical home value in Calumet City. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $5,082 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,491

at 7.18% · 30 years

Loan amount
$142,570
Total interest
$205,125
Paid off in
November 2056

Includes $2,452 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,292 a month

  • Tight

    $1,292 to $1,661 a month

    Your payment · 32%

  • Hard

    more than $1,661 a month

Compared with the typical household income in Calumet City ($55,369 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,491
Principal & interest$966
Property tax$401
Home insurance$61
FHA mortgage insurance (MIP)$64

You need at least $5,082 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Calumet City and Cook County

Calumet City is in Cook County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Calumet City's own numbers

Typical home value
$145,200
Typical monthly rent
$1,177
Typical yearly household income
$55,369
Households that own their home
56%
Effective property tax rate
3.31%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cook County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+42%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cook County.

Everything about Cook County

Buying

Buying a home in Calumet City

A typical home in Calumet City is worth $145,200: 55% below the county and 45% below Illinois. With the typical household income in Calumet City ($55,369 a year), a typical home costs 2.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Calumet City 2.6 years
  • Cook 3.9 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cook County

According to FHFA’s house price index, home prices in Cook County rose 61% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cook County.

Period County Illinois U.S.
Last year (2025) +5.5% +5.7% +2.9%
5 years (2020–2025) +42% +47% +47%
10 years (2015–2025) +61% +65% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Calumet City next to Cook County, Illinois and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Calumet City $145,200
  • Cook $324,500
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Calumet City $1,177
  • Cook $1,435
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Calumet City $55,369
  • Cook $83,498
  • Illinois $83,390
  • United States $80,734
See the full table
Calumet City next to Cook County and Illinois
Measure Calumet City Cook County Illinois U.S.
Typical home value $145,200 $324,500 $263,300 $332,700
Typical monthly rent $1,177 $1,435 $1,274 $1,413
Typical yearly household income $55,369 $83,498 $83,390 $80,734
Households that own their home 56% 58% 67% 65%
Typical yearly property tax $4,813 $6,191 $5,298 $3,119
Effective property tax rate 3.31% 1.91% 2.01% 0.94%
Renters with high rent for their income 64% 49% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cook County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Calumet City

For a typical $145,200 home in Calumet City, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Calumet City's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,491a month

    Least cash to close
    Down payment
    $5,082
    Cash to close
    $9,438
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $64

  • Conventional, 5% down $1,464a month

    Down payment
    $7,260
    Cash to close
    $11,616
    Rate
    7.18%
    Mortgage insurance
    PMI · $69

  • Conventional, 20% down, no PMI $1,248a month

    Down payment
    $29,040
    Cash to close
    $33,396
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,382a month

    Down payment
    $21,780
    Cash to close
    $26,136
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Calumet City and for Cook County.

Property tax

Effective rate in Calumet City

3.31%of the home’s value each year

$4,813 a year for the typical owner in Calumet City.

  • Calumet City 3.31%
  • Cook 1.91%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in Cook County

FEMA does not publish these numbers by city: they are for all of Cook County.

Homes in the high-risk zone
1%
12,558
Of those, with NFIP insurance
32%
County Illinois U.S.
Homes in the high-risk zone 1% 1.5% 3.5%
Of those, with NFIP insurance 32% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Calumet City

Typical rent in Calumet City is $1,177 a month: 18% below the county. In Calumet City, 64% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cook County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.

HUD fair market rent for all of Cook County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,678 $32.27 $67,120
1 bedroom $1,780 $34.23 $71,200
2 bedrooms $2,011 $38.67 $80,440
3 bedrooms $2,586 $49.73 $103,440
4 bedrooms $2,954 $56.81 $118,160

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Calumet City

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Calumet City is in ZIP code 60409.

For 2 bedrooms it is $1,640: $371 less than the fair market rent for Cook County ($2,011).

  • 60409 $1,640$2,110

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Calumet City when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Calumet City

HUD lists 4 buildings with rents for lower incomes in Calumet City. These are the largest.

  • Ginger Ridge 1954 Memorial Dr, Calumet City 60409 469 low-income homes · 1 bd: 201 · 2 bd: 250 · 3 bd: 18 · In service since 1999 · For people with disabilities
  • Bernardin Manor 1700 Memorial Dr, Calumet City 60409 180 low-income homes · For older adults (708) 832-1700
  • Garden House of River Oaks I 1350 Ring Rd, Calumet City 60409 145 low-income homes · For older adults (708) 862-2311
  • Garden House of River Oaks II 1340 Ring Rd, Calumet City 60409 145 low-income homes · For older adults (708) 862-2311

See all 946 buildings in Cook County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Calumet City

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 42 HUD-approved agencies with an office in Cook County; 19 say they serve in Spanish.

A man smiles on a bench outside his apartment building.

HUD counseling is free or low-cost

Assistance programs in Calumet City

No down payment, repair or rent-help program on our list is for Calumet City or Cook County. The ones below are statewide in Illinois: they work in Calumet City the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near Calumet City

The HUD-approved agencies closest to the center of Calumet City, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Ceda - Harvey

    53 E 154th St, Harvey · 6 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (312) 288-8010

  • Cornerstone Community Development Corporation, NFP

    943 E Lincoln Hwy, Ford Heights · 7 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (708) 758-2565

  • South Suburban Housing Center

    18220 Harwood Ave, Homewood · 7 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (708) 957-4674

Every agency in Cook County All counseling agencies in Illinois

Help in Spanish near Calumet City

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Calumet City

HUD’s record names them for Calumet City or Cook County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority Cook County Public housing and Section 8 vouchers (312) 542-4721

5 other authorities have an office in Cook County: see the list Source: HUD

Cities

Other cities in Cook County

These cities are also in Cook County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Cook County Housing in Illinois
See 84 more cities in Cook County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Calumet City, with the typical home value.

Neighboring counties

If Cook County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Calumet City.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Calumet City

Short answers with the numbers for Calumet City and all of Cook County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Calumet City?

The typical home value in Calumet City is $145,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cook County it is $324,500.

How much does it cost to rent in Calumet City?

Typical rent in Calumet City is $1,177 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cook County is $2,011.

What is the FHA loan limit in Calumet City?

Calumet City uses the FHA limit for all of Cook County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Calumet City?

The typical homeowner in Calumet City pays $4,813 a year, according to the U.S. Census Bureau. That is 3.31% of the home’s value; in Cook County, the rate is 1.91%.

Where can I find free help to buy or rent in Calumet City?

There are 42 HUD-approved counseling agencies with an office in Cook County. 19 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).