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Housing in Floyd

A typical Floyd home is worth roughly $122,000

Typical home value
$122K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$2,745
IL $5,298

What kind of housing town is Floyd?

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

★ What stands out · Affordability

A typical home costs 1.3 years of income

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

You could afford about
$302,000
Typical Floyd home $122K

That covers a typical Floyd home, with $179K to spare.

The typical home, each month
$870
Loan $610Tax $230Insurance $40

A two-bedroom rents for about $920 a month here, $50 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, Floyd’s typical property tax (2.24% 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

82% of Floyd households own their home

Half of Floyd’s homes were built before 1942.

Owners and renters
Own 82%Rent 18%

Illinois: 67% own.

1942
typical home built · IL 1971
$2,745
median property tax bill · IL $5,298
2.24%
of a home’s value, a year in tax · IL 2.01%
11%
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 $920

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$710
2 bedrooms$920
3 bedrooms$1,180
4 bedrooms$1,370
18%
of households rent · IL 33%
22
renter households

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

Next door

Floyd vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Floyd$122K*—$920$91,855
Cedar$125K*+4.9%†$930$66,713
Berwick$155K+0.4%$950$69,861
Lenox—−2.6%†$920$66,000

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 Floyd buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Floyd 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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