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Housing in Lamoine

A typical Lamoine home is worth roughly $137,000

Typical home value
$137K
IL $298K
Estimate
2-bedroom rent
$930
a month, utilities in · HUD

What kind of housing town is Lamoine?

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

★ What stands out · Affordability

A typical home costs 2.7 years of income

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

You could afford about
$172,000
Typical Lamoine home $137K

That covers a typical Lamoine home, with $35K to spare.

The typical home, each month
$950
Loan $680Tax $230Insurance $40

A two-bedroom rents for about $930 a month here, $20 less 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, 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 $930

Renters already here pay a median of $99, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$760
2 bedrooms$930
3 bedrooms$1,150
4 bedrooms$1,350
31%
of households rent · IL 33%
76
renter households
$99
median rent paid today · Census

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

69% of Lamoine households own their home

Half of Lamoine’s homes were built before 1992.

Owners and renters
Own 69%Rent 31%

Illinois: 67% own.

1992
typical home built · IL 1971

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

Next door

Lamoine vs. its neighbors

The towns that share a border with Lamoine. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Lamoine$137K*—$930$50,612
St. Mary$65K*—$920$56,429

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 Lamoine buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lamoine still affordable for young families?

Your answer becomes a post in Town Square.

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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