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Housing in Farina

A typical Farina home is worth roughly $84,000

Typical home value
$84K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$1,214
IL $5,298

What kind of housing town is Farina?

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

★ What stands out · Affordability

A typical home costs 1.8 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$166,000
Typical Farina home $84K

That covers a typical Farina home, with $83K to spare.

The typical home, each month
$540
Loan $410Tax $100Insurance $20

A two-bedroom rents for about $920 a month here, $380 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Farina’s typical property tax (1.45% 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 $920

Renters already here pay a median of $777, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$740
2 bedrooms$920
3 bedrooms$1,180
4 bedrooms$1,330
15%
of households rent · IL 33%
22
renter households
$777
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Clay 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

85% of Farina households own their home

Half of Farina’s homes were built before 1958.

Owners and renters
Own 85%Rent 15%

Illinois: 67% own.

1958
typical home built · IL 1971
$1,214
median property tax bill · IL $5,298
1.45%
of a home’s value, a year in tax · IL 2.01%

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

On the market in Farina

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Farina buyers, sellers and renters are saying.

Town Square →
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Is Farina still affordable for young families?

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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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