A typical Otego home is worth roughly $131,000
What kind of housing town is Otego?
Read from the numbers below. The page puts what stands out first.
A typical home costs 2.4 years of income
Less than across Illinois (3.6 years). Try your own numbers below.
That covers a typical Otego home, with $79K to spare.
A two-bedroom rents for about $960 a month here, $170 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Otego’s typical property tax (0.91% 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 $960
Renters already here pay a median of $958.
Fair Market Rent a month, utilities included
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.
68% of Otego households own their home
Half of Otego’s homes were built before 1964.
Illinois: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Otego vs. its neighbors
The towns that share a border with Otego. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Otego | $131K* | — | $960 | $54,286 |
| Vandalia | $133K | −4.2% | $920 | $50,709 |
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 Otego 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.