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Housing in Mona

A typical Mona home is worth roughly $67,000

Typical home value
$67K
IL $298K
Estimate
2-bedroom rent
$1,060
a month, utilities in · HUD
Median tax bill
$1,527
IL $5,298

What kind of housing town is Mona?

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

★ What stands out · Affordability

What it takes to buy in Mona

Try your own numbers below.

You could afford about
$280,000
Typical Mona home $67K

That covers a typical Mona home, with $213K to spare.

The typical home, each month
$460
Loan $330Tax $110Insurance $20

A two-bedroom rents for about $1,060 a month here, $600 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, 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.

The homes

79% of Mona households own their home

Half of Mona’s homes were built before 1938.

Owners and renters
Own 79%Rent 21%

Illinois: 67% own.

1938
typical home built · IL 1971
$1,527
median property tax bill · IL $5,298

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 $1,060

Renters already here pay a median of $1,110.

Fair Market Rent a month, utilities included

Studio$800
1 bedroom$810
2 bedrooms$1,060
3 bedrooms$1,460
4 bedrooms$1,500
21%
of households rent · IL 33%
38
renter households
$1,110
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Ford County, IL HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Mona vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Mona$67K*—$1,060$73,529
Sullivan$113K*—$1,060$79,167

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 Mona buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Mona 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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