States › Illinois › Harwood Heights

Is Harwood Heights, IL expensive to live in?

OKRent takes 25 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7972% higher than U.S. average
💵 Families earn per year (2026)$87,451about $7,288/month · same as U.S. average
🔑 House price$321,9003% lower than U.S. average

Rent is higher than in 57% of U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $71,880 a year. That is $35 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 234 of 334 cities from cheapest to most expensive.

Harwood Heights
$1,797
$1,233
$2,445
$1,502

How much do households earn in Harwood Heights?

Under $25k
9.0%
$25k–50k
21.4%
$50k–100k
40.9%
$100k–150k
17.7%
$150k+
9.1%

Share of households by yearly income. 26.8% of households earn $100,000 or more.

Rent by apartment size in Harwood Heights

SizeHarwood HeightsU.S. average
Studio$1,419$1,338
1 bedroom$1,171$1,324
2 bedrooms$1,506$1,509
3 bedrooms$1,823$1,698

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

How expensive is Harwood Heights 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 Harwood Heights, so the Illinois figure is shown.

Taxes and bills in Harwood Heights

🏛️ Property tax$5,930a year · 1.84% of home value · U.S. $3,119
⚡ Electric bill$90a month (typical) · U.S. $156

Life in Harwood Heights

Commute to work28.5 minU.S.: 26.4 min
College degree35.3%U.S.: 35.7%
Own their home58.6%U.S.: 65.2%
Below poverty line4.1%U.S.: 12.5%
Unemployment3.3%U.S.: 5.2%

Is it cheaper to rent or buy in Harwood Heights?

Renting is cheaper right now: about $437 a month less.

Renting
$1,797
Owning
$2,234

Owning assumes a typical $321,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,190 for the down payment.

Frequently asked questions

What is the average rent in Harwood Heights, IL?

Renting in Harwood Heights costs a median of about $1,797 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Harwood Heights?

To keep rent under 30% of income, you need about $71,880 a year, or $35 an hour at a full-time job.

Is Harwood Heights cheap or expensive?

Harwood Heights is rated OK: rent takes 24.7% of the typical household income of $87,451. It ranks 234th cheapest of 334 Illinois cities we track.

How much are property taxes in Harwood Heights?

The median homeowner in Harwood Heights pays $5,930 a year in property taxes, about 1.84% of the median home value.

Is Harwood Heights 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 Harwood Heights?

The median home value in Harwood Heights is $321,900, about 3.7 times the typical yearly household income.

8,821 people live in Harwood Heights. Numbers are typical (middle) values.