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Housing in Putman

A typical Putman home is worth roughly $103,000

Typical home value
$103K
IL $298K
Estimate
2-bedroom rent
$950
a month, utilities in · HUD
Median tax bill
$2,409
IL $5,298

What kind of housing town is Putman?

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
$214,000
Typical Putman home $103K

That covers a typical Putman home, with $111K to spare.

The typical home, each month
$740
Loan $510Tax $200Insurance $30

A two-bedroom rents for about $950 a month here, $210 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, Putman’s typical property tax (2.35% 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 $950

Renters already here pay a median of $844, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730
1 bedroom$730
2 bedrooms$950
3 bedrooms$1,320
4 bedrooms$1,340
15%
of households rent · IL 33%
96
renter households
51%
of renters spend 30%+ of income on rent · IL 48%
17%
of the median income, for a two-bedroom
$844
median rent paid today · Census

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

The homes

85% of Putman households own their home

Half of Putman’s homes were built before 1970.

Owners and renters
Own 85%Rent 15%

Illinois: 67% own.

1970
typical home built · IL 1971
$2,409
median property tax bill · IL $5,298
2.35%
of a home’s value, a year in tax · IL 2.01%
4%
of homes are seasonal or vacation homes

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

Next door

Putman vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Putman$103K*—$950$66,125
Joshua$173K*+5.7%†$940$59,583
Buckheart$112K*+3.5%†$920$61,161
Lewistown$114K+8.7%$920$69,034

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 Putman buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Putman 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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