CostBy County

Cost of Living in Fulton County, Illinois

$785/mo
Median Monthly Rent
$107,200
Median Home Value

At a Glance

Median Monthly Rent
$785/mo
9% below state average
Median Home Value
$107,200
68% below national
Census GRAPI
27.9%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Fulton County Compares

Median monthly rent comparison

Fulton County$785/mo
Illinois Average$867/mo
National Median$1,413/mo

Detailed Housing Stats

$785/mo
Median Gross Rent
$107,200
Median Home Value
$806/mo
Monthly Owner Cost
27.9%
Census GRAPI

National Ranking

Affordability Rank

Fulton County ranks #1,127 of 3,142 counties for affordability (top 36%)

Most AffordableLeast Affordable

Sourced county brief

Fulton County Official Median Rent Burden Measured at 27.9 Percent

The official median gross rent as a percentage of household income (GRAPI) in Fulton County is 27.9%. This is 1.8 percentage points above the Illinois unweighted county mean of 26.1%. The median monthly gross rent in the county is $785, which is $82 below the state unweighted county mean of $867. For residents in owner-occupied homes, the median selected monthly owner cost is $806, compared to the Illinois unweighted county mean of $960. The median home value in the county is $107,200, representing a $45,820 difference from the state unweighted county mean of $153,020. Renter-household median annual income was estimated at $36,593. These data points are based on the ACS 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Fulton County

Affordability Verdict

ACS B25071 estimates median gross rent at 27.9% of renter household income in Fulton County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $785 per month; median selected monthly owner costs are $806. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $31,400 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Illinois unweighted mean of county median rents is $867 per month. Fulton County's $785 median is 9.5% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Fulton County

$

Rent Burden

15.5%

of gross income

Max Housing (28% Rule)

$1,414

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Fulton County

Median home value is $107,200. Estimated monthly cost: $856 vs. your max of $1,414.

Rent Affordability Guide

Your entered rent as a share of entered income15.5%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,599Needed: $31,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,599Needed: $34,543
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,599Needed: $24,948

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Fulton County, Illinois?
Fulton County, Illinois has a median monthly rent of $785/mo and a median home value of $107,200. The affordability rating is Affordable, with median gross rent equal to approximately 27.9% of renter household income.
What is the median rent in Fulton County?
The median gross rent in Fulton County is $785/mo. This is 9% below state average for Illinois.
Is Fulton County affordable?
Fulton County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 27.9%. Median gross rent is under 30% of renter household income.
How does Fulton County's rent compare to the state average?
Fulton County's median rent of $785/mo is 9% below state average of $867/mo for Illinois.
What is the median home value in Fulton County?
The median home value in Fulton County, Illinois is $107,200. This is 68% below the national median home value of $332,700.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Fulton County, Illinois? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Fulton County

Whether you're buying in Fulton County, Illinois, or refinancing, compare rates from top lenders using the terms each lender provides.

See Today's Rates
Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.