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Housing in Arrowsmith

A typical Arrowsmith home is worth roughly $104,000

No new homes were permitted in 2025.

Typical home value
$104K
IL $298K
Estimate
2-bedroom rent
$1,460
a month, utilities in · HUD
Median tax bill
$2,516
IL $5,298

What kind of housing town is Arrowsmith?

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

★ What stands out · Affordability

What it takes to buy in Arrowsmith

Try your own numbers below.

You could afford about
$280,000
Typical Arrowsmith home $104K

That covers a typical Arrowsmith home, with $176K to spare.

The typical home, each month
$720
Loan $510Tax $170Insurance $30

A two-bedroom rents for about $1,460 a month here, $740 more than owning.

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

88% of Arrowsmith households own their home

Half of Arrowsmith’s homes were built before 1949.

Owners and renters
Own 88%Rent 13%

Illinois: 67% own.

1949
typical home built · IL 1971
$2,516
median property tax bill · IL $5,298

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 $1,460

Renters already here pay a median of $975, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,040
1 bedroom$1,120
2 bedrooms$1,460
3 bedrooms$1,930
4 bedrooms$1,930
13%
of households rent · IL 33%
12
renter households
$975
median rent paid today · Census

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

New construction

No new homes permitted in 2025

No permits for new homes were issued in Arrowsmith in 2025. The last year with any was 2000 (1 new home).

Single-family
01 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
0
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−18
New homes+0

Between the 2010 and 2020 censuses, Arrowsmith's population fell by 18 and no new homes were permitted.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016000—
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004000—
2003000—
2002000—
2001000—
2000110$50,000

Arrowsmith's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Neighbors talk housing

What Arrowsmith buyers, sellers and renters are saying.

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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. New homes: U.S. Census Bureau, Building Permits 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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