Cost to Own
United StatesIllinoisDuPage CountyClarendon Hills Population 8,642 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Clarendon Hills, Illinois

A $596,000 home here costs

$4,910

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $3,064. The real number is $1,846 higher every month — 60% more than the payment most buyers budget for.

Clarendon Hills median: $595,500
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $476,800 borrowed $3,064
Property tax1.679% effective rate for Clarendon Hills itself $834
Homeowners insuranceIllinois averages $1,223/yr (NAIC), or 0.47% of home value $233
Electricity23.85¢/kWh — Illinois residential average, EIA $214
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $497
Total monthly $4,910

Clarendon Hills against DuPage County and Illinois

MeasureClarendon HillsDuPage County
Median home value$595,500$374,100
Median property tax$10,001$7,833
Effective tax rate1.679%2.094%
Median gross rent$1,124$1,628
Population8,642927,263

The weather behind that power bill

Clarendon Hills sits in DuPage County, which averages a high of 84.4°F in its hottest month and a low of 14.7°F in its coldest, with 40.18" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 775 cooling and 6,506 heating degree days, which is what sets the $214 electricity line above.

See the full climate breakdown for DuPage County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in DuPage County

Full DuPage County cost breakdown · Every county in Illinois

Common questions

How much does it cost to own a home in Clarendon Hills?

A $596,000 home in Clarendon Hills, Illinois costs approximately $4,910 per month with 20% down at 6.66%. That is $3,064 principal and interest, $834 property tax, $233 homeowners insurance, $282 utilities and $497 set aside for maintenance.

What is the property tax rate in Clarendon Hills?

Clarendon Hills has an effective property tax rate of 1.679%, based on a median home value of $595,500 and median real estate taxes of $10,001. That is lower than the DuPage County average of 2.094%.

What is the average home price in Clarendon Hills?

The median owner-occupied home value in Clarendon Hills, Illinois is $595,500, against $374,100 across DuPage County.

Is it cheaper to rent or buy in Clarendon Hills?

Median gross rent in Clarendon Hills is $1,124 a month, against $4,910 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Clarendon Hills — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Illinois.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology