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Housing in Lone Grove

A typical Lone Grove home is worth roughly $136,000

Typical home value
$136K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$2,131
IL $5,298

What kind of housing town is Lone Grove?

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

★ What stands out · Affordability

A typical home costs 2 years of income

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

You could afford about
$239,000
Typical Lone Grove home $136K

That covers a typical Lone Grove home, with $103K to spare.

The typical home, each month
$890
Loan $670Tax $180Insurance $40

A two-bedroom rents for about $920 a month here, $30 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, Lone Grove’s typical property tax (1.57% 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 $1,018.

Fair Market Rent a month, utilities included

Studio$690
1 bedroom$750
2 bedrooms$920
3 bedrooms$1,190
4 bedrooms$1,350
14%
of households rent · IL 33%
15
renter households
$1,018
median rent paid today · Census

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

86% of Lone Grove households own their home

Half of Lone Grove’s homes were built before 1966.

Owners and renters
Own 86%Rent 14%

Illinois: 67% own.

1966
typical home built · IL 1971
$2,131
median property tax bill · IL $5,298
1.57%
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.

Next door

Lone Grove vs. its neighbors

Lone Grove is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Lone Grove$136K*—$920$66,635
La Clede$75K*—$920$48,125
Kinmundy$87K+13.7%$920$58,214

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 Lone Grove buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lone Grove 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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