States › Illinois › Schiller Park

Is Schiller Park, IL expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,35023% lower than U.S. average
💵 Families earn per year (2026)$75,167about $6,264/month · 14% lower than U.S. average
🔑 House price$275,00017% lower than U.S. average

Rent is lower than in 66% 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 $54,000 a year. That is $26 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 134 of 334 cities from cheapest to most expensive.

Schiller Park
$1,350
Markham
$1,793
Pontiac
$931
Troy
$1,234
Burr Ridge
$3,500+
Fox Lake
$1,450
Waterloo
$1,891

How much do households earn in Schiller Park?

Under $25k
9.4%
$25k–50k
28.0%
$50k–100k
32.4%
$100k–150k
20.6%
$150k+
5.1%

Share of households by yearly income. 25.8% of households earn $100,000 or more.

Rent by apartment size in Schiller Park

SizeSchiller ParkU.S. average
Studio$1,089$1,338
1 bedroom$1,195$1,324
2 bedrooms$1,392$1,509
3 bedrooms$2,229$1,698

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

How expensive is Schiller Park 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 Schiller Park, so the Illinois figure is shown.

Taxes and bills in Schiller Park

🏛️ Property tax$6,034a year · 2.19% of home value · U.S. $3,119
⚡ Electric bill$94a month (typical) · U.S. $156

Life in Schiller Park

Commute to work24.8 minU.S.: 26.4 min
College degree26.2%U.S.: 35.7%
Own their home59.2%U.S.: 65.2%
Below poverty line2.5%U.S.: 12.5%
Unemployment3.4%U.S.: 5.2%

Is it cheaper to rent or buy in Schiller Park?

Renting is cheaper right now: about $558 a month less.

Renting
$1,350
Owning
$1,908

Owning assumes a typical $275,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,500 for the down payment.

Frequently asked questions

What is the average rent in Schiller Park, IL?

Renting in Schiller Park costs a median of about $1,350 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Schiller Park?

To keep rent under 30% of income, you need about $54,000 a year, or $26 an hour at a full-time job.

Is Schiller Park cheap or expensive?

Schiller Park is rated OK: rent takes 21.6% of the typical household income of $75,167. It ranks 134th cheapest of 334 Illinois cities we track.

How much are property taxes in Schiller Park?

The median homeowner in Schiller Park pays $6,034 a year in property taxes, about 2.19% of the median home value.

Is Schiller Park 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 Schiller Park?

The median home value in Schiller Park is $275,000, about 3.7 times the typical yearly household income.

11,393 people live in Schiller Park. Numbers are typical (middle) values.