Home prices
The median home in Park Ridge is valued at $437,000. This is approximately $133,760 (44%) higher in comparison to its nearby areas.It is about $219,500 (100%) higher in comparison to the rest of the nation, and compared to the city of Chicago it is about $179,000 (69%) higher.
Rents
In Park Ridge the median monthly rent is $1,433. Compared to its surrounding areas it is approximately $182 (14%) higher.It is approximately $371 (34%) higher compared to the rest of the nation, and in comparison to the city of Chicago is approximately $321 (28%) higher.
Nearby places
Niles
Niles is Park Ridge's neighbor to the northeast. The housing prices there are a lot less expensive. The median home in Niles costs $284,400, which works out to $152,600 (53%) lower than Park Ridge. The rent there is a bit less expensive. In Niles the median rent is $1,141 per month, which works out to $292 (25%) lower than Park Ridge.
Rosemont
Rosemont is Park Ridge's neighbor to the southwest. Its real estate prices are somewhat less expensive. Rosemont's median home cost is $371,500, which works out to $65,500 (17%) lower than Park Ridge. Rents there are a lot less expensive. The median monthly rent in Rosemont is $948, which works out to $485 (51%) lower than Park Ridge.
Des Plaines
Des Plaines is Park Ridge's neighbor to the northwest. The real estate prices there are substantially less expensive. The median home value in Des Plaines is $256,700, which comes out to $180,300 (70%) lower than Park Ridge. The rent there is a little less expensive. Des Plaines's median rent is $1,144 per month, which is $289 (25%) lower than Park Ridge.
Morton Grove
Morton Grove is about 3 miles northeast from Park Ridge. The housing prices there are significantly less expensive. Morton Grove's median home cost is $317,200, which is $119,800 (37%) lower than Park Ridge. The rent there is a little more expensive. The median monthly rent in Morton Grove is $1,823, which comes out to $390 (21%) higher than Park Ridge.
Norridge
Norridge is about 3 miles south of Park Ridge. Its real estate prices are substantially less expensive. The value of the median home in Norridge is $286,400, which works out to $150,600 (52%) lower than Park Ridge. Rents there are a little less expensive. The median rent in Norridge is $1,199 per month, which works out to $234 (19%) lower than Park Ridge.
