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2025 Compare Cities Housing:
Palatine, IL vs Park Ridge, IL

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Highlights
- The median age of a home in Palatine is 38.6% younger than the median age of a home in Park Ridge.
 Palatine, ILPark Ridge, ILUnited States
 Median Home Age44  Unlock42
 Median Home Cost  Unlock$445,900$338,100
 Home Appr. Last 12 months14.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.8%57.0%
 Home Appr. Last 10 yrs.54.6%  Unlock101.1%
 Property Tax Rate  Unlock$21.6$11.0
 Homes Owned63.1%  Unlock57.4%
 Housing Vacant  Unlock6.6%11.2%
 Homes Rented30.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Palatine, ILPark Ridge, ILUnited States
 Average Rent  Unlock$2,020$1,840
 Studio Apartment$1,290  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,410$1,180
 2 Bedroom Home or Apartment$1,600  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,050$1,860
 4 Bedroom Home or Apartment$2,420  Unlock$2,160
 space1
 Vacant Housing
 Palatine, ILPark Ridge, ILUnited States
 Vacant For Rent  Unlock0.8%1.9%
 Vacant Rented0.3%  Unlock0.4%
 Vacant For Sale  Unlock1.5%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other2.0%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Palatine, ILPark Ridge, ILUnited States
 Less Than $20,000  Unlock0.8%2.6%
 $20,000 to $39,9990.7%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,9991.1%  Unlock3.9%
 $80,000 to $99,999  Unlock0.8%4.5%
 $100,000 to $149,99912.4%  Unlock11.3%
 $150,000 to $199,999  Unlock2.6%13.0%
 $200,000 to $299,99925.9%  Unlock20.1%
 $300,000 to $399,999  Unlock22.1%13.6%
 $400,000 to $499,99912.6%  Unlock8.3%
 $500,000 to $749,999  Unlock28.1%9.7%
 $750,000 to $999,9991.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock4.6%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Palatine, ILPark Ridge, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.2%13.6%
 2000 to 20099.0%  Unlock13.6%
 1990 to 1999  Unlock5.5%13.6%
 1980 to 198917.9%  Unlock13.2%
 1970 to 1979  Unlock9.7%14.8%
 1960 to 196912.9%  Unlock13.6%
 1950 to 1959  Unlock27.4%10.0%
 1940 to 19492.7%  Unlock4.7%
 1939 or Earlier  Unlock15.5%12.2%
Transportation
Reviews for Palatine    7 Reviews
Elspeth · Palatine, IL
The Flaws and Strengths of Palatine
Over 3 years ago

No town is perfect. One flaw in Palatine are that it lacks enough updated, healthier food restaurants. A more serious flaw is that the elementary district does not  More

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Cheryl · Palatine, IL
Sales Tax Rate
Over 15 years ago

The correct total Sales Tax Rate for Palatine, Cook County, IL is 9.5%, not  More

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Dipin · Palatine, IL
Great place to live!
Over 15 years ago

Palatine is a great community for raising a family. Good schools and extremely low crime rate just add to that point. Minutes to Schaumburg and all the shopping and  More

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Reviews for Park Ridge    3 Reviews
Brett · Park Ridge, IL
friendly
Over 18 years ago

Park Ridge is a friendly community with lots of events especially in the warm weather  More

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sabrina  · Fernandina Beach, FL
A boring place
Over 18 years ago

Hemmingway complained that Oak Park was a city of broad lawns and narrow minds. He wouldn't have been so hard on Oak Park if he'd ever been to Park  More

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Jim · Park Ridge, IL
Park Ridge a better than average choice
Over 19 years ago

Good access to public transportation-2 train stations,nearby train to Chicago loop,close to O'Hare Field all plus. Older town layout with horse/buggy roads now main  More

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Learn More About Palatine, Illinois
Overview
Cost of Living
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Learn More About Park Ridge, Illinois
Overview
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