A typical Ontario home is worth roughly $113,000
What kind of housing town is Ontario?
Read from the numbers below. The page puts what stands out first.
A typical home costs 1.6 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Ontario home, with $142K to spare.
A two-bedroom rents for about $1,020 a month here, $270 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ontario’s typical property tax (1.62% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
1 of Ontario’s houses are on the National Register
Half of Ontario’s homes were built before 1948.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.
A two-bedroom rents for about $1,020
Renters already here pay a median of $828, 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 (Knox County, IL): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Ontario vs. its neighbors
Ontario is the 2nd 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 |
|---|---|---|---|---|
| Ontario | $113K* | — | $1,020 | $72,375 |
| Walnut Grove | $142K* | — | $990 | $57,917 |
| Clover | $130K* | — | $950 | $60,893 |
| Sparta | $108K* | — | $960 | $69,028 |
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 Ontario 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. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.