In Morton Grove, a typical home is worth $389,100 and typical rent is $2,164 a month. Compared with all of Cook County, typical rent is 51% higher, typical household income is 33% higher, and the share of households that own their home is 27 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $323,151 to $449,280.
Typical rent
$2,532a month
▲ 7.2% more than 12 months ago
Typical rent from Zillow, March 2025 to September 2026: from $2,344 to $2,532.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Morton Grove 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
85% of households in Morton Grove own their home, against 58% in Cook County.
2
The typical rent in Morton Grove is $2,164 a month, 51% more than in Cook County as a whole ($1,435).
3
Nearby, in Niles, the typical rent is $1,336: 38% less than in Morton Grove ($2,164).
4
The typical household income in Morton Grove is $111,116,33% more than in Cook County as a whole ($83,498).
5
According to Zillow, in the 12 months to September 2026 the typical home value in Morton Grove rose 9.2%; in Illinois, it rose 5.3%.
6
The typical home in Morton Grove is worth $389,100,20% more than in Cook County as a whole ($324,500).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Morton Grove
What homes there are in Morton Grove, 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
Morton Grove
Cook County
Illinois
United States
Kind of home: Morton Grove and its comparisons
Measure
Morton Grove
Cook County
Illinois
United States
Detached house
74%
40%
58%
61%
Attached house
6%
6%
6%
6%
Building of 2 to 4
Unreliable estimate
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 Morton Grove: 74% of homes, more than in Cook County (40%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Morton Grove
Cook County
Illinois
United States
Year built: Morton Grove and its comparisons
Measure
Morton Grove
Cook County
Illinois
United States
Before 1960
49%
49%
38%
26%
1960–1979
28%
25%
26%
24%
1980–1999
7%
14%
20%
25%
2000–2009
11%
8%
11%
14%
2010 or later
5%
5%
6%
11%
By age, homes in Morton Grove look like those in Cook County: the typical year built is 1961.
There is more room for a big family here: 72% of homes have 3 bedrooms or more, against 49% in Cook County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K6%
$200K–$300K12%
$300K–$500K67%
$500K–$750K11%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Morton Grove and its comparisons
Measure
Morton Grove
Under $100K
Unreliable estimate
$100K–$200K
6%
$200K–$300K
12%
$300K–$500K
67%
$500K–$750K
11%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,4999%
$1,500–$1,99916%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Morton Grove and its comparisons
Measure
Morton Grove
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
9%
$1,500–$1,999
16%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,571 a month
Cook County: $2,270 a month
Without a mortgage
$1,038 a month
Cook County: $910 a month
Owners with a mortgage
59%
Cook County: 62%
In Morton Grove, 59% of owners have a mortgage, and their typical cost is $2,571 a month, against $2,270 in Cook County. Without one it drops to $1,038.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Morton Grove+23%
Cook County+32%
Illinois+35%
United States+53%
Typical rent
Morton Grove+19%
Cook County+28%
Illinois+26%
United States+33%
Typical household income
Morton Grove+30%
Cook County+29%
Illinois+27%
United States+29%
Change since 2015–2019: Morton Grove and its comparisons
Measure
Morton Grove
Cook County
Illinois
United States
Typical home value
+23%
+32%
+35%
+53%
Typical rent
+19%
+28%
+26%
+33%
Typical household income
+30%
+29%
+27%
+29%
Homes in Morton Grove gained value more slowly than in Cook County: 23% since 2015–2019, against 32%.
Since 2015–2019, the typical rent in Morton Grove rose 19%, less than in Cook County (28%).
Here income gained ground: typical income rose 30%, against +23% for home values and +19% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Morton Grove and its comparisons
Measure
Morton Grove
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
2.9%
3.3%
2.5%
3.4%
People per household
2.65
2.43
2.46
2.53
Drive alone
65%
55%
66%
69%
Carpool
10%
8%
8%
9%
Public transit
3%
12%
6%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
18%
19%
16%
15%
Other means
3%
2%
1%
2%
Typical commute
20 to 29 minutes
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
More than one person per room: that is how 2.9% of households in Morton Grove live, near the figure in Cook County (3.3%).
On average, a household in Morton Grove has 2.65 people, more than in Cook County (2.43).
To get to work, 65% of workers in Morton Grove drive alone; in Cook County, 55%.
Do the math
What would you pay each month for a home in Morton Grove?
A typical home costs more than the typical income allows
We start with a typical home in Morton Grove, worth $389,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 39% of the typical household income in Morton Grove, which is $111,116 a year. For that payment to be 28% of income, a household would need to earn about $154,149 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 Morton Grove. 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 $13,619 (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
$3,597
at 7.18% · 30 years
Loan amount
$382,052
Total interest
$549,683
Paid off in
November 2056
Includes $6,571 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,593 a month
Tight
$2,593 to $3,333 a month
Hard
more than $3,333 a month
Your payment · 39%
Compared with the typical household income in Morton Grove ($111,116 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,588
Property tax
$674
Home insurance
$162
FHA mortgage insurance (MIP)
$172
You need at least $13,619 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 $3,597; principal and interest $2,588.
The city and its county
Morton Grove and Cook County
Morton Grove 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).
Morton Grove
Map of Cook County, Illinois, with Morton Grove marked. Around it, the neighboring counties.
Morton Grove
Cook County
Other cities with a page
Morton Grove's own numbers
Typical home value
$389,100
Typical monthly rent
$2,164
Typical yearly household income
$111,116
Households that own their home
85%
Effective property tax rate
2.08%
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 Morton Grove is worth $389,100: 20% above the county and 48% above Illinois. With the typical household income in Morton Grove ($111,116 a year), a typical home costs 3.5 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.
Morton Grove3.5 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
Morton Grove 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
Morton Grove$389,100
Cook$324,500
Illinois$263,300
United States$332,700
Typical monthly rent
Morton Grove$2,164
Cook$1,435
Illinois$1,274
United States$1,413
Typical yearly household income
Morton Grove$111,116
Cook$83,498
Illinois$83,390
United States$80,734
See the full table
Morton Grove next to Cook County and Illinois
Measure
Morton Grove
Cook County
Illinois
U.S.
Typical home value
$389,100 ▲20% above the county
$324,500
$263,300
$332,700
Typical monthly rent
$2,164 ▲51% above the county
$1,435
$1,274
$1,413
Typical yearly household income
$111,116 ▲33% above the county
$83,498
$83,390
$80,734
Households that own their home
85% ▲27 points above the county
58%
67%
65%
Typical yearly property tax
$8,109 ▲31% above the county
$6,191
$5,298
$3,119
Effective property tax rate
2.08% ▲0.17 points above the county
1.91%
2.01%
0.94%
Renters with high rent for their income
50% ▲1 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 Morton Grove
For a typical $389,100 home in Morton Grove, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Morton Grove's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,597a month
Least cash to close
Down payment
$13,619
Cash to close
$25,292
Rate
7.18%
Mortgage insurance
FHA MIP · $172
Conventional, 5% down$3,525a month
Down payment
$19,455
Cash to close
$31,128
Rate
7.18%
Mortgage insurance
PMI · $185
Conventional, 20% down, no PMI$2,945a month
Down payment
$77,820
Cash to close
$89,493
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,305a month
Down payment
$58,365
Cash to close
$70,038
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Morton Grove
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,597
$13,619
$382,052
7.18%
FHA MIP · $172
$25,292
580
Conventional, 5% down
$3,525
$19,455
$369,645
7.18%
PMI · $185
$31,128
620*
Conventional, 20% down, no PMI
$2,945
$77,820
$311,280
7.18%
None
$89,493
620*
ITIN, 15% down (example)
$3,305
$58,365
$330,735
8.18%
None
$70,038
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 Morton Grove is $2,164 a month: 51% above the county. In Morton Grove, 50% 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 Morton Grove or Cook County. The ones below are statewide in Illinois: they work in Morton Grove 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).
The HUD-approved agencies closest to the center of Morton Grove, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
No legal help resource on our list is for Morton Grove 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 Morton Grove 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 Morton Grove?
The typical home value in Morton Grove is $389,100, 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 Morton Grove?
Typical rent in Morton Grove is $2,164 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 Morton Grove?
Morton Grove 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 Morton Grove?
The typical homeowner in Morton Grove pays $8,109 a year, according to the U.S. Census Bureau. That is 2.08% of the home’s value; in Cook County, the rate is 1.91%.
Where can I find free help to buy or rent in Morton Grove?
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.
