Austin, TX vs Chicago, IL: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · scores computed September 2026

Austin, TX vs Chicago, IL side by side

Metric● Austin, TX● Chicago, IL
Alpha Score4546
Price Momentum183
Inventory Health99—
Affordability1834
Economic Strength6521
Rental Yield2244
Median Sale Price$439K$399K
Price-to-Income4.44.4
Payment-to-Income26.5%26.8%
Months of Supply63
Gross Rental Yield4.7%4.4%
Overvaluation Index3050

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Austin, TX and Chicago, IL compare, dimension by dimension

  • Affordability: Chicago, IL leads — Austin, TX 18/100 vs Chicago, IL 34/100.
  • Price Momentum: Chicago, IL leads — Austin, TX 1/100 vs Chicago, IL 83/100.
  • Economic Strength: Austin, TX leads — Austin, TX 65/100 vs Chicago, IL 21/100.
  • Rental Yield: Chicago, IL leads — Austin, TX 22/100 vs Chicago, IL 44/100.

Frequently asked questions

Which has a higher Alpha Score, Austin, TX or Chicago, IL?

Chicago, IL scores higher — 46 vs 45 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Austin, TX or Chicago, IL more affordable?

Chicago, IL is more affordable on our affordability dimension. Price-to-income is 4.4 in Austin, TX and 4.4 in Chicago, IL.

Which housing market has stronger momentum, Austin, TX or Chicago, IL?

Chicago, IL has stronger price momentum — 83/100 vs 1/100.

What is the median home price in Austin, TX vs Chicago, IL?

The median sale price is $439K in Austin, TX and $399K in Chicago, IL.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Austin, TX market brief and the Chicago, IL brief.