Sign inJoin
Housing in Lynn

A typical Lynn home is worth roughly $248,000

Typical home value
$248K
IL $298K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$4,299
IL $5,298

What kind of housing town is Lynn?

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

★ What stands out · Affordability

A typical home costs 3.2 years of income

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

You could afford about
$272,000
Typical Lynn home $248K

That covers a typical Lynn home, with $25K to spare.

The typical home, each month
$1,660
Loan $1,230Tax $360Insurance $70

A two-bedroom rents for about $990 a month here, $670 less than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Lynn’s typical property tax (1.74% 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

91% of Lynn households own their home

Half of Lynn’s homes were built before 1960.

Owners and renters
Own 91%Rent 9%

Illinois: 67% own.

1960
typical home built · IL 1971
$4,299
median property tax bill · IL $5,298
1.74%
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.

Renting

A two-bedroom rents for about $990

Fair Market Rent a month, utilities included

Studio$700
1 bedroom$810
2 bedrooms$990
3 bedrooms$1,290
4 bedrooms$1,570
9%
of households rent · IL 33%
16
renter households

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

Next door

Lynn vs. its neighbors

Lynn is the priciest of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Lynn$248K*—$990$77,500
Western$179K*+0.2%†$1,080$99,355
Oxford$137K*—$1,110$74,792
Andover$196K*—$1,170$67,917
Richland Grove$203K*—$990$106,630

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 Lynn buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Lynn 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.

Post to Lynn

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in