In Schiller Park, a typical home is worth $275,000 and typical rent is $1,221 a month. Compared with all of Cook County, typical household income is 17% lower and the typical home value is 15% lower.
Typical home value from Zillow, September 2021 to September 2026: from $229,701 to $314,316.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Schiller Park 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
According to Zillow, in the 12 months to September 2026 the typical home value in Schiller Park rose 9%; in Illinois, it rose 5.3%.
2
The typical household income in Schiller Park is $69,696,17% less than in Cook County as a whole ($83,498).
3
The typical home in Schiller Park is worth $275,000,15% less than in Cook County as a whole ($324,500).
Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data
The homes here
Housing in Schiller Park
What homes there are in Schiller Park, 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
Schiller Park
Cook County
Illinois
United States
Kind of home: Schiller Park and its comparisons
Measure
Schiller Park
Cook County
Illinois
United States
Detached house
47%
40%
58%
61%
Attached house
Unreliable estimate
6%
6%
6%
Building of 2 to 4
12%
19%
12%
8%
Apartments (5 or more)
37%
35%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Schiller Park there is a bit of everything: no kind of home reaches half. The most common are detached houses (47%), more than in Cook County (40%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Schiller Park
Cook County
Illinois
United States
Year built: Schiller Park and its comparisons
Measure
Schiller Park
Cook County
Illinois
United States
Before 1960
44%
49%
38%
26%
1960–1979
42%
25%
26%
24%
1980–1999
10%
14%
20%
25%
2000–2009
Unreliable estimate
8%
11%
14%
2010 or later
Unreliable estimate
5%
6%
11%
In Schiller Park, half of the homes were built before 1962; in Cook County, before 1961.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K23%
$200K–$300K33%
$300K–$500K34%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Schiller Park and its comparisons
Measure
Schiller Park
Under $100K
Unreliable estimate
$100K–$200K
23%
$200K–$300K
33%
$300K–$500K
34%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49946%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Schiller Park and its comparisons
Measure
Schiller Park
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
46%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$2,138 a month
Cook County: $2,270 a month
Without a mortgage
$794 a month
Cook County: $910 a month
Owners with a mortgage
57%
Cook County: 62%
The typical cost for an owner with a mortgage in Schiller Park is $2,138 a month, less than in Cook County ($2,270); without one, $794.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Schiller Park+35%
Cook County+32%
Illinois+35%
United States+53%
Typical rent
Schiller Park+18%
Cook County+28%
Illinois+26%
United States+33%
Typical household income
Schiller ParkNo clear change
Cook County+29%
Illinois+27%
United States+29%
Change since 2015–2019: Schiller Park and its comparisons
Measure
Schiller Park
Cook County
Illinois
United States
Typical home value
+35%
+32%
+35%
+53%
Typical rent
+18%
+28%
+26%
+33%
Typical household income
No clear change
+29%
+27%
+29%
Since 2015–2019, homes in Schiller Park gained value faster than in Cook County: 35% against 32%.
Rents in Schiller Park rose more slowly than in Cook County: 18% since 2015–2019, against 28%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Schiller Park and its comparisons
Measure
Schiller Park
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
10.1%
3.3%
2.5%
3.4%
People per household
2.62
2.43
2.46
2.53
Drive alone
79%
55%
66%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
12%
6%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
Unreliable estimate
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
More households are short on space in Schiller Park: 10.1% have more than one person per room; in Cook County, 3.3%.
On average, a household in Schiller Park has 2.62 people, more than in Cook County (2.43).
To get to work, 79% of workers in Schiller Park drive alone; in Cook County, 55%.
Do the math
What would you pay each month for a home in Schiller Park?
A typical home costs more than the typical income allows
We start with a typical home in Schiller Park, worth $275,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 44% of the typical household income in Schiller Park, which is $69,696 a year. For that payment to be 28% of income, a household would need to earn about $110,027 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 Schiller Park. 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 $9,625 (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
$2,567
at 7.18% · 30 years
Loan amount
$270,019
Total interest
$388,494
Paid off in
November 2056
Includes $4,644 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,626 a month
Tight
$1,626 to $2,091 a month
Hard
more than $2,091 a month
Your payment · 44%
Compared with the typical household income in Schiller Park ($69,696 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,829
Property tax
$502
Home insurance
$115
FHA mortgage insurance (MIP)
$122
You need at least $9,625 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 $2,567; principal and interest $1,829.
The city and its county
Schiller Park and Cook County
Schiller Park 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).
Schiller Park
Map of Cook County, Illinois, with Schiller Park marked. Around it, the neighboring counties.
Schiller Park
Cook County
Other cities with a page
Schiller Park's own numbers
Typical home value
$275,000
Typical monthly rent
$1,221
Typical yearly household income
$69,696
Households that own their home
59%
Effective property tax rate
2.19%
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 Schiller Park is worth $275,000: 15% below the county and 4% above Illinois. With the typical household income in Schiller Park ($69,696 a year), a typical home costs 3.9 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.
Schiller Park3.9 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
Schiller Park 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
Schiller Park$275,000
Cook$324,500
Illinois$263,300
United States$332,700
Typical monthly rent
Schiller Park$1,221
Cook$1,435
Illinois$1,274
United States$1,413
Typical yearly household income
Schiller Park$69,696
Cook$83,498
Illinois$83,390
United States$80,734
See the full table
Schiller Park next to Cook County and Illinois
Measure
Schiller Park
Cook County
Illinois
U.S.
Typical home value
$275,000 ▼15% below the county
$324,500
$263,300
$332,700
Typical monthly rent
$1,221 ▼15% below the county
$1,435
$1,274
$1,413
Typical yearly household income
$69,696 ▼17% below the county
$83,498
$83,390
$80,734
Households that own their home
59% ▲2 points above the county
58%
67%
65%
Typical yearly property tax
$6,034 ▼3% below the county
$6,191
$5,298
$3,119
Effective property tax rate
2.19% ▲0.28 points above the county
1.91%
2.01%
0.94%
Renters with high rent for their income
47% ▼2 points below 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 Schiller Park
For a typical $275,000 home in Schiller Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Schiller Park's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,567a month
Least cash to close
Down payment
$9,625
Cash to close
$17,875
Rate
7.18%
Mortgage insurance
FHA MIP · $122
Conventional, 5% down$2,517a month
Down payment
$13,750
Cash to close
$22,000
Rate
7.18%
Mortgage insurance
PMI · $131
Conventional, 20% down, no PMI$2,107a month
Down payment
$55,000
Cash to close
$63,250
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,361a month
Down payment
$41,250
Cash to close
$49,500
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Schiller Park
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,567
$9,625
$270,019
7.18%
FHA MIP · $122
$17,875
580
Conventional, 5% down
$2,517
$13,750
$261,250
7.18%
PMI · $131
$22,000
620*
Conventional, 20% down, no PMI
$2,107
$55,000
$220,000
7.18%
None
$63,250
620*
ITIN, 15% down (example)
$2,361
$41,250
$233,750
8.18%
None
$49,500
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 Schiller Park is $1,221 a month: 15% below the county. In Schiller Park, 47% 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 Schiller Park or Cook County. The ones below are statewide in Illinois: they work in Schiller Park 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 Schiller Park, 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 Schiller Park 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 Schiller Park 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 Schiller Park?
The typical home value in Schiller Park is $275,000, 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 Schiller Park?
Typical rent in Schiller Park is $1,221 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 Schiller Park?
Schiller Park 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 Schiller Park?
The typical homeowner in Schiller Park pays $6,034 a year, according to the U.S. Census Bureau. That is 2.19% of the home’s value; in Cook County, the rate is 1.91%.
Where can I find free help to buy or rent in Schiller Park?
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.
