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Housing in Pembroke

A typical Pembroke home is worth roughly $99,000

Typical home value
$99K
IL $298K
Estimate
2-bedroom rent
$1,130
a month, utilities in · HUD
Median tax bill
$1,567
IL $5,298

What kind of housing town is Pembroke?

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

★ What stands out · Affordability

A typical home costs 3.1 years of income

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

You could afford about
$114,000
Typical Pembroke home $99K

That covers a typical Pembroke home, with $15K to spare.

The typical home, each month
$650
Loan $490Tax $130Insurance $30

A two-bedroom rents for about $1,130 a month here, $480 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, Pembroke’s typical property tax (1.58% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,130

Renters already here pay a median of $774, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$860
2 bedrooms$1,130
3 bedrooms$1,490
4 bedrooms$1,500
29%
of households rent · IL 33%
165
renter households
66%
of renters spend 30%+ of income on rent · IL 48%
42%
of the median income, for a two-bedroom
$774
median rent paid today · Census

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

The homes

72% of Pembroke households own their home

Half of Pembroke’s homes were built before 1977.

Owners and renters
Own 72%Rent 29%

Illinois: 67% own.

1977
typical home built · IL 1971
$1,567
median property tax bill · IL $5,298
1.58%
of a home’s value, a year in tax · IL 2.01%
5%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Pembroke vs. its neighbors

Pembroke is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Pembroke$99K*—$1,130$32,153
St. Anne$155K−1.7%$1,130$90,000
McClellan—+5.9%†$1,040$73,750
Lake$227K*+10.7%†$1,180$83,005
Ganeer$203K*+2.5%†$1,250$65,208

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 Pembroke buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Pembroke still affordable for young families?

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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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