Housing in Lamard

A typical Lamard home is worth roughly $110,000

Typical home value

$110K

IL $298K

Estimate

2-bedroom rent

$1,020

a month, utilities in · HUD

Median tax bill

$1,637

IL $5,298

What kind of housing town is Lamard?

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

Your money goes further63% below the Illinois typical home.

★ What stands out · Affordability

A typical home costs 1.6 years of income

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

You could afford about

$248,000

Typical Lamard home $110K

That covers a typical Lamard home, with $138K to spare.

The typical home, each month

$720

Loan $550Tax $140Insurance $30

A two-bedroom rents for about $1,020 a month here, $300 more than owning.

Where your budget reaches nearby

Big Mound$97K Bedford$97K Fairfield$108K Jasper$114K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lamard’s typical property tax (1.48% 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 $1,020

Renters already here pay a median of $623, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$780

2 bedrooms$1,020

3 bedrooms$1,220

4 bedrooms$1,710

17%

of households rent · IL 33%

renter households

43%

of renters spend 30%+ of income on rent · IL 48%

18%

of the median income, for a two-bedroom

$623

median rent paid today · Census

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

83% of Lamard households own their home

Half of Lamard’s homes were built before 1979.

Owners and renters

Own 83%Rent 17%

Illinois: 67% own.

1979

typical home built · IL 1971

$1,637

median property tax bill · IL $5,298

1.48%

of a home’s value, a year in tax · IL 2.01%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Lamard vs. its neighbors

Lamard is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Jasper$114K Lamard$110K Fairfield$108K Bedford$97K Big Mound$97K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Lamard	$110K*	—	$1,020	—	$69,471
Big Mound	$97K*	—	$940	—	$34,943
Bedford	$97K*	—	$940	—	$59,779
Fairfield	$108K	+7.4%	$920	1	$41,989
Jasper	$114K*	—	$930	—	$63,864

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 Lamard buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Lamard 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.