In Lincolnwood, a typical home is worth $496,400 and typical rent is $3,501 a month. Compared with all of Cook County, typical rent is 144% higher, the typical home value is 53% higher, and the share of households that own their home is 26 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $423,329 to $570,667.
Typical rent
$2,561a month
Typical rent from Zillow, March 2026 to September 2026: from $2,462 to $2,561.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lincolnwood 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
What this place has that others do not, from public data, most unusual first.
1
Lincolnwood has the highest typical rent of the 331 cities in Illinois with more than 5,000 people: $3,501.
2
84% of households in Lincolnwood own their home, against 58% in Cook County.
3
Nearby, in Harwood Heights, the typical rent is $1,236: 65% less than in Lincolnwood ($3,501).
4
The typical home in Lincolnwood is worth $496,400,53% more than in Cook County as a whole ($324,500).
5
Lincolnwood has the 10th largest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people (69%).
6
Nearby, in Harwood Heights, the typical home value is $321,900: 35% less than in Lincolnwood ($496,400).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lincolnwood
What homes there are in Lincolnwood, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lincolnwood
Cook County
Illinois
United States
Kind of home: Lincolnwood and its comparisons
Measure
Lincolnwood
Cook County
Illinois
United States
Detached house
74%
40%
58%
61%
Attached house
Unreliable estimate
6%
6%
6%
Building of 2 to 4
4%
19%
12%
8%
Apartments (5 or more)
Unreliable estimate
35%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Lincolnwood: 74% of homes, more than in Cook County (40%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Lincolnwood
Cook County
Illinois
United States
Year built: Lincolnwood and its comparisons
Measure
Lincolnwood
Cook County
Illinois
United States
Before 1960
57%
49%
38%
26%
1960–1979
18%
25%
26%
24%
1980–1999
12%
14%
20%
25%
2000–2009
Unreliable estimate
8%
11%
14%
2010 or later
10%
5%
6%
11%
The typical year built in Lincolnwood is 1958, about the same as in Cook County (1961).
In Lincolnwood, 79% of homes have 3 bedrooms or more, more than in Cook County (49%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K38%
$500K–$750K31%
$750K–$1M9%
$1M or moreUnreliable
Value of owner-occupied homes: Lincolnwood and its comparisons
Measure
Lincolnwood
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
38%
$500K–$750K
31%
$750K–$1M
9%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or more65%
Monthly rent with utilities: Lincolnwood and its comparisons
Measure
Lincolnwood
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
65%
With a mortgage
$3,204 a month
Cook County: $2,270 a month
Without a mortgage
$1,274 a month
Cook County: $910 a month
Owners with a mortgage
53%
Cook County: 62%
Owning costs more in Lincolnwood: with a mortgage, the typical cost is $3,204 a month; in Cook County, $2,270. Without one, $1,274.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lincolnwood+25%
Cook County+32%
Illinois+35%
United States+53%
Typical household income
Lincolnwood+16%
Cook County+29%
Illinois+27%
United States+29%
Change since 2015–2019: Lincolnwood and its comparisons
Measure
Lincolnwood
Cook County
Illinois
United States
Typical home value
+25%
+32%
+35%
+53%
Typical rent
No data
+28%
+26%
+33%
Typical household income
+16%
+29%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Lincolnwood rose 25%; in Cook County, it rose 32%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lincolnwood and its comparisons
Measure
Lincolnwood
Cook County
Illinois
United States
Rental vacancy
Unreliable estimate
4.5%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.1%
1.0%
0.9%
More than one person per room
Unreliable estimate
3.3%
2.5%
3.4%
People per household
2.80
2.43
2.46
2.53
Drive alone
59%
55%
66%
69%
Carpool
11%
8%
8%
9%
Public transit
4%
12%
6%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
25%
19%
16%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
On average, a household in Lincolnwood has 2.80 people, more than in Cook County (2.43).
Working from home is more common in Lincolnwood: 25%, against 19% in Cook County.
Do the math
What would you pay each month for a home in Lincolnwood?
A typical home costs more than the typical income allows
We start with a typical home in Lincolnwood, worth $496,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 50% of the typical household income in Lincolnwood, which is $109,731 a year. For that payment to be 28% of income, a household would need to earn about $195,417 a year.
The calculator's FHA and conventional loan limits are those of all of Cook County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lincolnwood. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $17,374 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,560
at 7.18% · 30 years
Loan amount
$487,409
Total interest
$701,267
Paid off in
November 2056
Includes $8,383 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,560 a month
Tight
$2,560 to $3,292 a month
Hard
more than $3,292 a month
Your payment · 50%
Compared with the typical household income in Lincolnwood ($109,731 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,302
Property tax
$832
Home insurance
$207
FHA mortgage insurance (MIP)
$220
You need at least $17,374 for the down payment, plus closing costs.
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.
Total monthly payment $4,560; principal and interest $3,302.
The city and its county
Lincolnwood and Cook County
Lincolnwood 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).
Lincolnwood
Map of Cook County, Illinois, with Lincolnwood marked. Around it, the neighboring counties.
Lincolnwood
Cook County
Other cities with a page
Lincolnwood's own numbers
Typical home value
$496,400
Typical monthly rent
$3,501
Typical yearly household income
$109,731
Households that own their home
84%
Effective property tax rate
2.01%
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.
A typical home in Lincolnwood is worth $496,400: 53% above the county and 89% above Illinois. With the typical household income in Lincolnwood ($109,731 a year), a typical home costs 4.5 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.
Lincolnwood4.5 years
Cook3.9 years
Illinois3.2 years
United States4.1 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.
Yearly change in FHFA’s price index in Cook County, 2016 to 2025
2016: +3.9% +3.9% 2016
2017: +3.2% +3.2% 2017
2018: +2.5% +2.5% 2018
2019: +2.7% +2.7% 2019
2020: +0.9% +0.9% 2020
2021: +7.2% +7.2% 2021
2022: +11.3% +11.3% 2022
2023: +5.7% +5.7% 2023
2024: +6.4% +6.4% 2024
2025: +5.5% +5.5% 2025
Change in FHFA’s price index in Cook County, Illinois and the United States
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
Lincolnwood 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
Lincolnwood$496,400
Cook$324,500
Illinois$263,300
United States$332,700
Typical monthly rent
Lincolnwood$3,501
Cook$1,435
Illinois$1,274
United States$1,413
Typical yearly household income
Lincolnwood$109,731
Cook$83,498
Illinois$83,390
United States$80,734
See the full table
Lincolnwood next to Cook County and Illinois
Measure
Lincolnwood
Cook County
Illinois
U.S.
Typical home value
$496,400 ▲53% above the county
$324,500
$263,300
$332,700
Typical monthly rent
$3,501 ▲144% above the county
$1,435
$1,274
$1,413
Typical yearly household income
$109,731 ▲31% above the county
$83,498
$83,390
$80,734
Households that own their home
84% ▲26 points above the county
58%
67%
65%
Typical yearly property tax
$10,001 ▲62% above the county
$6,191
$5,298
$3,119
Effective property tax rate
2.01% ▲0.1 points above the county
1.91%
2.01%
0.94%
Renters with high rent for their income
69% ▲20 points above the county
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 Lincolnwood
For a typical $496,400 home in Lincolnwood, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lincolnwood's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,560a month
Least cash to close
Down payment
$17,374
Cash to close
$32,266
Rate
7.18%
Mortgage insurance
FHA MIP · $220
Conventional, 5% down$4,469a month
Down payment
$24,820
Cash to close
$39,712
Rate
7.18%
Mortgage insurance
PMI · $236
Conventional, 20% down, no PMI$3,729a month
Down payment
$99,280
Cash to close
$114,172
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,187a month
Down payment
$74,460
Cash to close
$89,352
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lincolnwood
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,560
$17,374
$487,409
7.18%
FHA MIP · $220
$32,266
580
Conventional, 5% down
$4,469
$24,820
$471,580
7.18%
PMI · $236
$39,712
620*
Conventional, 20% down, no PMI
$3,729
$99,280
$397,120
7.18%
None
$114,172
620*
ITIN, 15% down (example)
$4,187
$74,460
$421,940
8.18%
None
$89,352
Set by the lender
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.
Typical rent in Lincolnwood is $3,501 a month: 144% above the county. In Lincolnwood, 69% 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.
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.
No down payment, repair or rent-help program on our list is for Lincolnwood or Cook County. The ones below are statewide in Illinois: they work in Lincolnwood the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Lincolnwood or Cook County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lincolnwood 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 Lincolnwood?
The typical home value in Lincolnwood is $496,400, 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 Lincolnwood?
Typical rent in Lincolnwood is $3,501 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 Lincolnwood?
Lincolnwood 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 Lincolnwood?
The typical homeowner in Lincolnwood pays $10,001 a year, according to the U.S. Census Bureau. That is 2.01% of the home’s value; in Cook County, the rate is 1.91%.
Where can I find free help to buy or rent in Lincolnwood?
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.
