A typical Lowe home is worth roughly $159,000
What kind of housing town is Lowe?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.9 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Lowe home, with $144K to spare.
A two-bedroom rents for about $950 a month here, $90 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lowe’s typical property tax (1.56% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $950
Renters already here pay a median of $775, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Coles County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
74% of Lowe households own their home
Half of Lowe’s homes were built before 1975.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Lowe vs. its neighbors
Lowe is the least expensive of 4 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Lowe | $159K* | — | $950 | $85,000 |
| Lovington | $173K | +6.6% | $980 | $60,476 |
| Jonathan Creek | $236K* | +15.4%† | $970 | $102,188 |
| Garrett | $166K* | +2.7%† | $980 | $69,643 |
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 Lowe buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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.