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Housing in Owaneco

A typical Owaneco home is worth roughly $102,000

Typical home value
$102K
IL $298K
Estimate
2-bedroom rent
$920
a month, utilities in · HUD
Median tax bill
$1,559
IL $5,298

What kind of housing town is Owaneco?

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

★ What stands out · Affordability

A typical home costs 1.6 years of income

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

You could afford about
$233,000
Typical Owaneco home $102K

That covers a typical Owaneco home, with $131K to spare.

The typical home, each month
$660
Loan $500Tax $130Insurance $30

A two-bedroom rents for about $920 a month here, $260 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Owaneco’s typical property tax (1.53% 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

90% of Owaneco households own their home

Half of Owaneco’s homes were built before 1938.

Owners and renters
Own 90%Rent 10%

Illinois: 67% own.

1938
typical home built · IL 1971
$1,559
median property tax bill · IL $5,298
1.53%
of a home’s value, a year in tax · IL 2.01%
3%
of homes are seasonal or vacation homes

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 $920

Renters already here pay a median of $815, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$630
1 bedroom$700
2 bedrooms$920
3 bedrooms$1,100
4 bedrooms$1,330
10%
of households rent · IL 33%
17
renter households
$815
median rent paid today · Census

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

Neighbors talk housing

What Owaneco buyers, sellers and renters are saying.

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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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