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2024 Compare Cities Housing:
Monterey, CA vs Chicago, IL

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Highlights
- The median age of a home in Monterey is 37.3% younger than the median age of a home in Chicago.

Housing
 Monterey, CAChicago, ILUnited States
 Median Home Age517042
 Median Home Cost$1,022,100$284,100$338,100
 Home Appr. Last 12 months14.7%10.1%16.6%
 Home Appr. Last 5 yrs.55.6%33.4%57.0%
 Home Appr. Last 10 yrs.157.7%66.0%101.1%
 Property Tax Rate$6.4$15.9$11.0
 Homes Owned32.1%40.5%57.4%
 Housing Vacant8.8%11.2%11.2%
 Homes Rented59.1%48.3%31.4%
 space
 Avg Rent For Home Or Apartment
 Monterey, CAChicago, ILUnited States
 Average Rent$4,960$1,850$1,840
 Studio Apartment$2,800$1,190$1,080
 1 Bedroom Home or Apartment$2,910$1,290$1,180
 2 Bedroom Home or Apartment$3,550$1,480$1,430
 3 Bedroom Home or Apartment$5,030$1,870$1,860
 4 Bedroom Home or Apartment$5,500$2,230$2,160
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 Vacant Housing
 Monterey, CAChicago, ILUnited States
 Vacant For Rent1.9%3.1%1.9%
 Vacant Rented0.6%0.4%0.4%
 Vacant For Sale0.0%0.7%0.7%
 Vacant Sold0.0%0.3%0.4%
 Vacant Vacation5.3%0.8%3.6%
 Vacant Other0.9%5.9%4.1%
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 Owner-Occupied Housing Value
 Monterey, CAChicago, ILUnited States
 Less Than $20,0001.0%1.7%2.6%
 $20,000 to $39,9990.4%0.9%2.4%
 $40,000 to $59,9990.0%1.1%2.8%
 $60,000 to $79,9990.2%1.8%3.9%
 $80,000 to $99,9990.0%2.9%4.5%
 $100,000 to $149,9990.5%8.8%11.3%
 $150,000 to $199,9990.0%13.6%13.0%
 $200,000 to $299,9991.9%24.5%20.1%
 $300,000 to $399,9992.5%16.5%13.6%
 $400,000 to $499,9995.1%9.6%8.3%
 $500,000 to $749,99927.0%10.2%9.7%
 $750,000 to $999,99933.8%4.0%3.9%
 $1,000,000 to $1,499,99917.7%2.2%2.2%
 $1,500,000 to $1,999,9996.2%0.9%0.8%
 $2,000,000 and over3.8%1.2%1.1%
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 Housing Units By Year Built
 Monterey, CAChicago, ILUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20143.9%8.0%13.6%
 2000 to 20093.9%8.0%13.6%
 1990 to 19997.2%5.1%13.6%
 1980 to 198913.5%4.8%13.2%
 1970 to 197921.2%7.7%14.8%
 1960 to 19697.2%5.1%13.6%
 1950 to 195919.1%11.8%10.0%
 1940 to 19495.9%8.8%4.7%
 1939 or Earlier12.2%40.3%12.2%

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Reviews for Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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Reviews for Chicago    271 Reviews

I've lived in Chicago city and later moved to suburbs when family size increased. Absolutely love this city. This is the cleanest and most beautiful among the major  More

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Chicago is probably the best value in a major city that you can find and my personal favorite city. It will become increasingly important as climate change makes the  More

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I've live on north side and south side, UIC medical center. Don't move here go to the north side. No good amenities, if you get bored with one there is no other choices.  More

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ZIPS IN MONTEREY, CALIFORNIA
93940 93943
ZIPS IN CHICAGO, ILLINOIS
60629, 60618, 60632, 60639, 60623, 60647, 60617, 60625, 60608, 60634, 56 total

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