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Housing in Tamalco

A typical Tamalco home is worth roughly $114,000

Typical home value
$114K
IL $298K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$2,050
IL $5,298

What kind of housing town is Tamalco?

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

★ What stands out · Affordability

A typical home costs 2.3 years of income

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

You could afford about
$169,000
Typical Tamalco home $114K

That covers a typical Tamalco home, with $56K to spare.

The typical home, each month
$770
Loan $560Tax $170Insurance $30

A two-bedroom rents for about $980 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, Tamalco’s typical property tax (1.80% 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 $980

Renters already here pay a median of $639, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$750
1 bedroom$820
2 bedrooms$980
3 bedrooms$1,260
4 bedrooms$1,450
27%
of households rent · IL 33%
64
renter households
$639
median rent paid today · Census

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

The homes

73% of Tamalco households own their home

Half of Tamalco’s homes were built before 1978.

Owners and renters
Own 73%Rent 27%

Illinois: 67% own.

1978
typical home built · IL 1971
$2,050
median property tax bill · IL $5,298
1.80%
of a home’s value, a year in tax · IL 2.01%
2%
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.

Next door

Tamalco vs. its neighbors

Tamalco is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Tamalco$114K*—$980$48,500
Mills—+6.3%†$1,040—
Irishtown$107K*+4.9%†$1,140$51,833
Pleasant Mound$163K*—$980$46,806
Wheatfield—+4.9%†$1,160$112,813

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 Tamalco buyers, sellers and renters are saying.

Town Square →
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Is Tamalco 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. 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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