Housing · Cambridge

Cambridge, IL housing market

The typical Cambridge home is worth about $133,000, up 3.9% in a year, 55% below the Illinois typical home.

Home values, sales, trends and how Cambridge compares with the towns next door — updated as new data is published.

The market right now

Cambridge at a glance

Typical home value
$133K
▲ 3.9% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

CambridgeIllinois
$50K$100K$150K$200K$250K$300K 20182020202220242026 Cambridge $133K Illinois $298K
Show as a table
JanuaryCambridgeIllinois
2017$85,000$181,000
2018$88,000$190,000
2019$88,000$195,000
2020$92,000$200,000
2021$99,000$215,000
2022$105,000$236,000
2023$111,000$248,000
2024$117,000$263,000
2025$123,000$278,000
2026$133,000$290,000
August 2026$133,000$298,000
Nearby

Cambridge and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr change2-bed rentMedian income
Cambridge $133K +3.9% $1,220 $64,795
Burns — +5.4%† $1,070 —
Munson — +7.6%† $1,180 —

† FHFA price index change, where Zillow has no home value for the town.

Affordability

2.1 years of income

The typical Cambridge home costs about 2.1 years of the town's median household income, less than across Illinois (3.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
87.5%
Illinois: 67.1%
Median tax bill
$2,651
Illinois: $5,298
Median rent
$968
Illinois: $1,274
Typical home built
1940
Illinois: 1971

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,220

HUD's Fair Market Rent for a two-bedroom in Cambridge is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cambridge pay a median of $968, so moving in tends to cost more than staying put. A two-bedroom takes about 23% of the town's median household income.

1 bedroom
$990
a month, with utilities
2 bedrooms
$1,220
a month, with utilities
3 bedrooms
$1,600
a month, with utilities
Share of income
23%
2 bedrooms ÷ median income

Studio $870 · 4 bedrooms $1,950

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61238, 61434; Davenport-Moline-Rock Island, IA-IL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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 door’s open

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01