States › Illinois › Burr Ridge

Is Burr Ridge, IL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,500+100% higher than U.S. average
💵 Families earn per year (2026)$169,140about $14,095/month · 94% higher than U.S. average
🔑 House price$700,400111% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 93% of U.S. cities. A typical house costs about 4.1 years of household income. Most homes (94%) are owned, so rentals can be hard to find. It is a highly educated city: 66.6% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $140,040 a year. That is $67 an hour at a full-time job.

Is rent cheaper than other Illinois cities?

No. Rent here is more expensive than in most of Illinois. It is number 330 of 334 cities from cheapest to most expensive.

Burr Ridge
$3,500+
$1,450
$1,891
$1,419
$1,341

How much do households earn in Burr Ridge?

Under $25k
9.9%
$25k–50k
7.1%
$50k–100k
24.1%
$100k–150k
16.8%
$150k+
39.0%

Share of households by yearly income. 55.8% of households earn $100,000 or more.

Rent by apartment size in Burr Ridge

SizeBurr RidgeU.S. average
1 bedroom$3,456$1,324
2 bedrooms$3,500+$1,509
4 bedrooms$3,871$2,098

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

How expensive is Burr Ridge 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 Burr Ridge, so the Illinois figure is shown.

Taxes and bills in Burr Ridge

🏛️ Property tax$10,000+a year · 1.43% of home value · U.S. $3,119
⚡ Electric bill$149a month (typical) · U.S. $156

Life in Burr Ridge

Commute to work29.2 minU.S.: 26.4 min
College degree66.6%U.S.: 35.7%
Own their home94%U.S.: 65.2%
Below poverty line3.9%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Burr Ridge?

Renting is cheaper right now: about $1,359 a month less.

Renting
$3,500+
Owning
$4,860

Owning assumes a typical $700,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $70,040 for the down payment.

Frequently asked questions

What is the average rent in Burr Ridge, IL?

Renting in Burr Ridge costs a median of about $3,500+ a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Burr Ridge?

To keep rent under 30% of income, you need about $140,040 a year, or $67 an hour at a full-time job.

Is Burr Ridge cheap or expensive?

Burr Ridge is rated OK: rent takes 24.8% of the typical household income of $169,140. It ranks 330th cheapest of 334 Illinois cities we track.

How much are property taxes in Burr Ridge?

The median homeowner in Burr Ridge pays $10,000+ a year in property taxes, about 1.43% of the median home value.

Is Burr Ridge 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 Burr Ridge?

The median home value in Burr Ridge is $700,400, about 4.1 times the typical yearly household income.

11,141 people live in Burr Ridge. Numbers are typical (middle) values.