Mortgage Rates in Bartlett, IllinoisMarch 2026

Updated March 2026 | Based on Bartlett market data and regional lending conditions

30-Year Fixed
6.63%
15-Year Fixed
5.89%
Median Home Price
$228,000
Est. Monthly Payment
$1,543

Bartlett is a growing city in Illinois with a population of 41,679. The current 30-year fixed mortgage rate in Bartlett is 6.63%, which is 0.02% below the national average. With a median home price of $228,000 and a 20% down payment of $45,600, homebuyers can expect a monthly principal and interest payment of approximately $1,169.

Current Mortgage Rates in Bartlett, IL

Below are the current average mortgage rates available in the Bartlett area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.63%6.65%-0.02%
15-Year Fixed5.89%5.89%0%
5/1 ARM6.18%6.15%+0.03%
FHA6.44%6.25%+0.19%
VA6.19%6.05%+0.14%
Jumbo6.88%6.85%+0.03%

Bartlett Housing Market Overview

The Bartlett housing market offers relatively affordable housing compared to many major cities. The median household income in Bartlett is $62,500, and the cost of living index is 92 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $66,129 to comfortably afford the median-priced home in Bartlett, which exceeds the current median household income.

Population
41,679
Median Income
$62,500
Property Tax Rate
1.97%
Cost of Living
92
Down Payment (20%)
$45,600
Income Needed
$66,129

Monthly Payment Breakdown for Bartlett

Based on the median home price of $228,000 with 20% down ($45,600), here is what you can expect to pay monthly in Bartlett:

Principal & Interest (30-yr at 6.63%)$1,169
Property Tax$374
Estimated Insurance$57
Total Estimated Monthly$1,600

15-Year vs. 30-Year Mortgage in Bartlett

Choosing a 15-year mortgage in Bartlett at 5.89% instead of a 30-year at 6.63% would save you $145,800 in total interest over the life of the loan. However, your monthly payment would be $1,528 instead of $1,169 — an increase of $359 per month.

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Frequently Asked Questions About Mortgages in Bartlett

What are the current mortgage rates in Bartlett, IL?

As of March 2026, the average 30-year fixed mortgage rate in Bartlett, Illinois is 6.63%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.02% below the national average of 6.65%.

How much is a monthly mortgage payment in Bartlett?

Based on the median home price of $228,000 with 20% down, the estimated monthly mortgage payment in Bartlett is $1,169 for principal and interest. Including property taxes of $374/month, the total monthly housing cost is approximately $1,543.

What income do I need to buy a home in Bartlett?

Using the 28% rule, you would need an annual income of approximately $66,129 to afford the median-priced home in Bartlett at $228,000. The median household income in Bartlett is $62,500. This means most households would need to either earn above the median or consider homes below $228,000.

Is Bartlett a good place to buy a home in 2026?

Bartlett offers a below-average cost of living with a cost of living index of 92 (national average = 100). The property tax rate in Illinois is 1.97%, which is above the national average. Bartlett has a population of 41,679 and offers a very affordable lifestyle.

Mortgage Rates in Other Illinois Cities

Chicago, IL
6.69% | $295,000
Naperville, IL
6.69% | $465,000
Rockford, IL
6.69% | $135,000
Joliet, IL
6.69% | $245,000
Springfield, IL
6.69% | $145,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Bartlett, Illinois area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.