The 2000 Census indicates that Illinois has a total of 4,591,779 occupied homes. 2,470,338 of these homes are occupied by the owner. 12,386 have a property value of $1,000,000 or more, or 0.5 percent. 55,673 homes are valued at $500,000 to $999,999, or 2.3 percent 163,254 are priced from $300,000 to $499,999, or 6.6 percent. 344,651 have a real estate value of $200,000 to $299,999, or 14.0 percent. The are 429,311 residences in the $150,000 to $199,000 price range, or 17.4 percent. 583,409 home owners in Illinois have homes valued from $100,000 to $149,999 (23.6 percent). The number of homes in the $50,000 to $99,999 price range is 651,605, or 26.4 percent. There are 230,049 properties priced at less than $50,000, or 9.3 percent.
In Illinois, 1,724,034 or 69.8 percent of home owners have a mortgage. The median monthly mortgage payment is $1,198. 746,304, or 30.2 percent of home owners have no mortgage.
Illinois has a total of 1,487,504 occupied rental units. The median rent per month is $605.
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