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Housing in Cutler

A typical Cutler home is worth roughly $61,000

Typical home value
$61K
IL $298K
Estimate
2-bedroom rent
$1,200
a month, utilities in · HUD
Median tax bill
$1,067
IL $5,298

What kind of housing town is Cutler?

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

★ What stands out · Affordability

What it takes to buy in Cutler

Try your own numbers below.

You could afford about
$280,000
Typical Cutler home $61K

That covers a typical Cutler home, with $219K to spare.

The typical home, each month
$420
Loan $300Tax $100Insurance $20

A two-bedroom rents for about $1,200 a month here, $780 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.

Renting

A two-bedroom rents for about $1,200

Renters already here pay a median of $1,042, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830
1 bedroom$910
2 bedrooms$1,200
3 bedrooms$1,500
4 bedrooms$2,010
29%
of households rent · IL 33%
22
renter households
$1,042
median rent paid today · Census

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

The homes

71% of Cutler households own their home

Half of Cutler’s homes were built before 1982.

Owners and renters
Own 71%Rent 29%

Illinois: 67% own.

1982
typical home built · IL 1971
$1,067
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.

Neighbors talk housing

What Cutler 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. 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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