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City · 9,039 residents · Cook County, Illinois

Riverside , Illinois

In Riverside, a typical home is worth $491,400 and typical rent is $1,484 a month. Compared with all of Cook County, typical household income is 84% higher, the typical home value is 51% higher, and the share of households that own their home is 27 points higher.

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  • Typical home value

    $491,400

    51% above the county

    87% above Illinois

    • Riverside
    • Cook
    • Illinois

  • Typical rent

    $1,484a month

    3% above the county

    16% above Illinois

    • Riverside
    • Cook
    • Illinois

  • Typical household income

    $153,686a year

    84% above the county

    84% above Illinois

    • Riverside
    • Cook
    • Illinois

  • Households that own their home

    85%

    27 points above the county

    18 points above Illinois

    • Riverside
    • Cook
    • Illinois

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

Market now, with Zillow data

Zillow data
Typical home value
$564,016
8.6% more than 12 months ago

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

Riverside 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 Riverside apart

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

  1. 85% of households in Riverside own their home, against 58% in Cook County.

  2. The typical household income in Riverside is $153,686, 84% more than in Cook County as a whole ($83,498).

  3. Nearby, in Stickney, the typical home value is $244,900: 50% less than in Riverside ($491,400).

  4. The typical home in Riverside is worth $491,400, 51% more than in Cook County as a whole ($324,500).

  5. Nearby, in Stickney, the typical rent is $1,154: 22% less than in Riverside ($1,484).

  6. According to Zillow, in the 12 months to September 2026 the typical home value in Riverside rose 8.6%; in Illinois, it rose 5.3%.

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

The homes here

Housing in Riverside

What homes there are in Riverside, 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 Riverside: 75% of homes, more than in Cook County (40%).

Year built

In Riverside, at least half of the homes were built before 1940, and 86% date from before 1960.

There is more room for a big family here: 72% 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

With a mortgage

$3,336 a month

Cook County: $2,270 a month

Without a mortgage

$1,364 a month

Cook County: $910 a month

Owners with a mortgage

64%

Cook County: 62%

In Riverside, 64% of owners have a mortgage, and their typical cost is $3,336 a month, against $2,270 in Cook County. Without one it drops to $1,364.

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

Homes in Riverside gained value more slowly than in Cook County: 21% since 2015–2019, against 32%.

Rents in Riverside rose more slowly than in Cook County: 23% since 2015–2019, against 28%.

Here income gained ground: typical income rose 38%, against +21% for home values and +23% for rent.

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

MeasureRiversideCook CountyIllinoisUnited States
Rental vacancy Unreliable estimate4.5%5.0%5.5%
Homeowner vacancy Unreliable estimate1.1%1.0%0.9%
More than one person per room Unreliable estimate3.3%2.5%3.4%
People per household 2.572.432.462.53
Drive alone 53%55%66%69%
Carpool Unreliable estimate8%8%9%
Public transit 12%12%6%3%
Walk or bike Unreliable estimate5%3%3%
Work from home 28%19%16%15%
Other means Unreliable estimate2%1%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

Households in Riverside are bigger: 2.57 people on average; in Cook County, 2.43.

Many people here do not commute at all: 28% work from home; in Cook County, 19%.

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 Riverside?

A typical home is tight for the typical income

We start with a typical home in Riverside, worth $491,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 35% of the typical household income in Riverside, which is $153,686 a year. For that payment to be 28% of income, a household would need to earn about $193,975 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 Riverside. 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 $17,199 (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

$4,526

at 7.18% · 30 years

Loan amount
$482,500
Total interest
$694,204
Paid off in
November 2056

Includes $8,299 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,586 a month

  • Tight

    $3,586 to $4,611 a month

    Your payment · 35%

  • Hard

    more than $4,611 a month

Compared with the typical household income in Riverside ($153,686 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,526
Principal & interest$3,269
Property tax$835
Home insurance$205
FHA mortgage insurance (MIP)$217

You need at least $17,199 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

Riverside and Cook County

Riverside 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).

Riverside's own numbers

Typical home value
$491,400
Typical monthly rent
$1,484
Typical yearly household income
$153,686
Households that own their home
85%
Effective property tax rate
2.04%

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 Riverside

A typical home in Riverside is worth $491,400: 51% above the county and 87% above Illinois. With the typical household income in Riverside ($153,686 a year), a typical home costs 3.2 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.

  • Riverside 3.2 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

Riverside 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
  • Riverside $491,400
  • Cook $324,500
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Riverside $1,484
  • Cook $1,435
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Riverside $153,686
  • Cook $83,498
  • Illinois $83,390
  • United States $80,734
See the full table
Riverside next to Cook County and Illinois
Measure Riverside Cook County Illinois U.S.
Typical home value $491,400 $324,500 $263,300 $332,700
Typical monthly rent $1,484 $1,435 $1,274 $1,413
Typical yearly household income $153,686 $83,498 $83,390 $80,734
Households that own their home 85% 58% 67% 65%
Typical yearly property tax $10,001 $6,191 $5,298 $3,119
Effective property tax rate 2.04% 1.91% 2.01% 0.94%

“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 Riverside

For a typical $491,400 home in Riverside, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Riverside's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,526a month

    Least cash to close
    Down payment
    $17,199
    Cash to close
    $31,941
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $217

  • Conventional, 5% down $4,436a month

    Down payment
    $24,570
    Cash to close
    $39,312
    Rate
    7.18%
    Mortgage insurance
    PMI · $233

  • Conventional, 20% down, no PMI $3,703a month

    Down payment
    $98,280
    Cash to close
    $113,022
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,158a month

    Down payment
    $73,710
    Cash to close
    $88,452
    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 Riverside and for Cook County.

Property tax

Effective rate in Riverside

2.04%of the home’s value each year

$10,001 a year for the typical owner in Riverside.

  • Riverside 2.04%
  • 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 Riverside

Typical rent in Riverside is $1,484 a month: 3% above the county.

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 Riverside

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Riverside is in ZIP code 60546.

For 2 bedrooms it is $1,810: $201 less than the fair market rent for Cook County ($2,011).

  • 60546 $1,810$2,330

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Riverside 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?

Free help

Help to buy or rent in Riverside

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 shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Riverside

No down payment, repair or rent-help program on our list is for Riverside or Cook County. The ones below are statewide in Illinois: they work in Riverside 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 Riverside

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

  • Ceda - Cicero

    6141 West Roosevelt Road, Cicero · 3 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (312) 288-8010

  • Oak Park Regional Housing Center Aka West Cook Homeownership Center

    5934 W Lake St, Chicago · 4 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (773) 887-5187

  • Lawndale Christian Development Corporation

    3843 W Ogden Ave, Chicago · 5 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (773) 762-8889

Every agency in Cook County All counseling agencies in Illinois

Help in Spanish near Riverside

2 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 Riverside

HUD’s record names them for Riverside 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 Riverside, 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 Riverside.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Riverside

Short answers with the numbers for Riverside 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 Riverside?

The typical home value in Riverside is $491,400, 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 Riverside?

Typical rent in Riverside is $1,484 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 Riverside?

Riverside 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 Riverside?

The typical homeowner in Riverside pays $10,001 a year, according to the U.S. Census Bureau. That is 2.04% of the home’s value; in Cook County, the rate is 1.91%.

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

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).