Home prices
The median home in Elk Grove Village is valued at $271,900. This is roughly $15,600 (6%) higher in comparison to other places in this area.It is about $54,400 (25%) higher in comparison to the rest of the nation, and compared to the city of Chicago is roughly $13,900 (5%) higher.
Rents
The median monthly rent in Elk Grove Village is $1,238. This is is very similar compared to its surrounding areas.It is about $176 (16%) higher compared to the United States as a whole, and it is approximately $126 (11%) higher in comparison to the city of Chicago.
Nearby places
Itasca
Itasca is Elk Grove Village's neighbor to the southwest. Real estate prices there are a little more expensive. The median home in Itasca costs $319,500, which comes out to $47,600 (14%) higher than Elk Grove Village. The rent there is fairly similar. The median rent in Itasca is $1,277 a month, which works out to $39 (3%) higher than Elk Grove Village.
Wood Dale
Wood Dale is Elk Grove Village's neighbor to the south. Housing prices there are a bit less expensive. The median home in Wood Dale costs $236,900, which is $35,000 (14%) lower than Elk Grove Village. The rent there is fairly similar. In Wood Dale the median monthly rent is $1,244, which is very similar to Elk Grove Village.
Bensenville
Bensenville is Elk Grove Village's neighbor to the southeast. The real estate prices there are somewhat less expensive. Bensenville's median home cost is $217,300, which works out to $54,600 (25%) lower than Elk Grove Village. Rents there are a bit less expensive. Bensenville's median monthly rent is $1,128, which works out to $110 (9%) lower than Elk Grove Village.
Schaumburg
Schaumburg is Elk Grove Village's neighbor to the west. Its real estate prices are somewhat less expensive. The median home in Schaumburg costs $251,100, which works out to $20,800 (8%) lower than Elk Grove Village. Rent there is a little more expensive. The median monthly rent in Schaumburg is $1,440, which is $202 (14%) higher than Elk Grove Village.
Des Plaines
Des Plaines is Elk Grove Village's neighbor to the northeast. The real estate prices there are a little less expensive. Des Plaines's median home price is $256,700, which is $15,200 (5%) lower than Elk Grove Village. Its rents are a bit less expensive. In Des Plaines the median monthly rent is $1,144, which works out to $94 (8%) lower than Elk Grove Village.
