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Housing in Allen

A typical Allen home is worth roughly $153,000

Typical home value
$153K
IL $298K
Estimate
2-bedroom rent
$1,270
a month, utilities in · HUD
Median tax bill
$2,708
IL $5,298

What kind of housing town is Allen?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Allen

Try your own numbers below.

You could afford about
$280,000
Typical Allen home $153K

That covers a typical Allen home, with $127K to spare.

The typical home, each month
$1,060
Loan $760Tax $260Insurance $40

A two-bedroom rents for about $1,270 a month here, $210 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

87% of Allen households own their home

Half of Allen’s homes were built before 1942.

Owners and renters
Own 87%Rent 13%

Illinois: 67% own.

1942
typical home built · IL 1971
$2,708
median property tax bill · IL $5,298
2%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,270

Renters already here pay a median of $794, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$890
1 bedroom$970
2 bedrooms$1,270
3 bedrooms$1,680
4 bedrooms$1,740
13%
of households rent · IL 33%
15
renter households
$794
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Grundy County, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Allen vs. its neighbors

Allen is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Allen$153K*—$1,270$92,500
Otter Creek$151K*+18%†$970$83,750
Brookfield$310K*−0%†$1,300$83,958

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Allen buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Allen still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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