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Housing in Standard

A typical Standard home is worth roughly $108,000

No new homes were permitted in 2025.

Typical home value
$108K
IL $298K
Estimate
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,910
IL $5,298

What kind of housing town is Standard?

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

★ What stands out · Affordability

What it takes to buy in Standard

Try your own numbers below.

You could afford about
$280,000
Typical Standard home $108K

That covers a typical Standard home, with $172K to spare.

The typical home, each month
$750
Loan $540Tax $180Insurance $30

A two-bedroom rents for about $970 a month here, $220 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Illinois typical property tax (2.01% 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 $970

Renters already here pay a median of $850, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$670
1 bedroom$880
2 bedrooms$970
3 bedrooms$1,250
4 bedrooms$1,610
22%
of households rent · IL 33%
19
renter households
$850
median rent paid today · Census

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

New construction

No new homes permitted in 2025

No permits for new homes were issued in Standard in 2025. The last year with any was 2016 (1 new home).

Single-family
0123 200020052010201520202025
0
new homes permitted in 2025
0
2026 so far (Jan–Aug)
1
homes in the past 10 years
Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)000—
2025000—
2024000—
2023000—
2022000—
2021000—
2020000—
2019000—
2018000—
2017000—
2016110$140,000
2015000—
2014000—
2013000—
2012000—
2011000—
2010000—
2009000—
2008000—
2007000—
2006000—
2005000—
2004330$525,000
2003330$525,000
2002220$350,000
2001220$350,000
2000000—

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

78% of Standard households own their home

Half of Standard’s homes were built before 1963.

Owners and renters
Own 78%Rent 22%

Illinois: 67% own.

1963
typical home built · IL 1971
$1,910
median property tax bill · IL $5,298

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Standard buyers, sellers and renters are saying.

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Is Standard still affordable for young families?

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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. New homes: U.S. Census Bureau, Building Permits 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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