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Housing in Versailles

A typical Versailles home is worth roughly $91,000

Typical home value
$91K
IL $298K
Estimate
2-bedroom rent
$1,020
a month, utilities in · HUD
Median tax bill
$1,706
IL $5,298

What kind of housing town is Versailles?

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

★ What stands out · Affordability

What it takes to buy in Versailles

Try your own numbers below.

You could afford about
$280,000
Typical Versailles home $91K

That covers a typical Versailles home, with $189K to spare.

The typical home, each month
$630
Loan $450Tax $150Insurance $30

A two-bedroom rents for about $1,020 a month here, $390 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.

The homes

80% of Versailles households own their home

Half of Versailles’s homes were built before 1938.

Owners and renters
Own 80%Rent 20%

Illinois: 67% own.

1938
typical home built · IL 1971
$1,706
median property tax bill · IL $5,298
5%
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 $1,020

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$700
1 bedroom$810
2 bedrooms$1,020
3 bedrooms$1,260
4 bedrooms$1,530
20%
of households rent · IL 33%
24
renter households
$844
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Brown 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 Versailles 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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