States › Illinois › Broadview

Is Broadview, IL expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,21531% lower than U.S. average
💵 Families earn per year (2026)$69,776about $5,815/month · 20% lower than U.S. average
🔑 House price$252,20024% lower than U.S. average

Rent is lower than in 75% of U.S. cities. A typical house costs about 3.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $48,600 a year. That is $23 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

Yes. Rent here is cheaper than in most of Illinois. It is number 95 of 334 cities from cheapest to most expensive.

Broadview
$1,215
West Dundee
$1,720
Round Lake Park
$1,550
South Beloit
$1,075
Silvis
$1,067
Park City
$1,228
Rockton
$1,079

How much do households earn in Broadview?

Under $25k
8.6%
$25k–50k
26.9%
$50k–100k
30.3%
$100k–150k
17.7%
$150k+
6.0%

Share of households by yearly income. 23.7% of households earn $100,000 or more.

Rent by apartment size in Broadview

SizeBroadviewU.S. average
1 bedroom$1,177$1,324
2 bedrooms$1,198$1,509
3 bedrooms$2,199$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Broadview overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Broadview, so the Illinois figure is shown.

Taxes and bills in Broadview

🏛️ Property tax$4,656a year · 1.85% of home value · U.S. $3,119
⚡ Electric bill$91a month (typical) · U.S. $156

Life in Broadview

Commute to work25.8 minU.S.: 26.4 min
College degree17.8%U.S.: 35.7%
Own their home60.4%U.S.: 65.2%
Below poverty line9.4%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Broadview?

Renting is cheaper right now: about $535 a month less.

Renting
$1,215
Owning
$1,750

Owning assumes a typical $252,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,220 for the down payment.

Frequently asked questions

What is the average rent in Broadview, IL?

Renting in Broadview costs a median of about $1,215 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Broadview?

To keep rent under 30% of income, you need about $48,600 a year, or $23 an hour at a full-time job.

Is Broadview cheap or expensive?

Broadview is rated OK: rent takes 20.9% of the typical household income of $69,776. It ranks 95th cheapest of 334 Illinois cities we track.

How much are property taxes in Broadview?

The median homeowner in Broadview pays $4,656 a year in property taxes, about 1.85% of the median home value.

Is Broadview more expensive than the national average?

Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Broadview?

The median home value in Broadview is $252,200, about 3.6 times the typical yearly household income.

7,896 people live in Broadview. Numbers are typical (middle) values.