Cost of Living in Hamilton County, Illinois

$566/mo
Median Monthly Rent
$108,800
Median Home Value
32% below state averageUnaffordable

At a Glance

Median Monthly Rent
$566/mo
32% below state average
Median Home Value
$108,800
61% below national
Rent-to-Income Ratio
19.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Hamilton County Compares

Median monthly rent comparison

Hamilton County$566/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$566/mo
Median Gross Rent
$108,800
Median Home Value
$661/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hamilton County, Illinois

Hamilton County rents are remarkably affordable

At just 11.0%, Hamilton County's rent-to-income ratio sits well below the national standard of 30% affordability and beats the state average of 14.7%. Renters here spend significantly less of their paychecks on housing than typical Americans, making it one of Illinois's most accessible rental markets.

Among Illinois's most affordable counties

Hamilton County ranks in the lower tier of housing costs statewide, with residents paying $566 monthly for rent compared to Illinois's $837 average. The county's 11.0% rent-to-income ratio places it well ahead of most other Illinois counties in overall affordability.

Cheaper rents than surrounding counties

Hamilton County's $566 median rent undercuts neighbors Hancock ($755) and Henderson ($834) by $189–$268 monthly. Even when factoring in lower median incomes, Hamilton residents enjoy greater housing affordability than their counterparts in adjacent areas.

Rent stays lean at 11% of income

With median household income of $61,520 and median gross rent of $566, housing costs consume just 11% of typical household budgets. Homeowners pay $661 monthly on properties valued near $109,000, leaving substantial room for other expenses.

Seeking true housing affordability?

If you're prioritizing low rent-to-income ratios and stretching modest incomes further, Hamilton County delivers. Compare its 11% rent burden against state and national benchmarks—your wallet will feel the difference immediately.

Affordability Calculator

See how your income compares to housing costs in Hamilton County

$

Rent Burden

11.0%

of gross income

Max Housing (28% Rule)

$1,435

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Hamilton County

Median home value is $108,800. Estimated monthly cost: $869 vs. your max of $1,435.

Rent Affordability Guide

Your rent-to-income ratio11.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hamilton County, Illinois?
Hamilton County, Illinois has a median monthly rent of $566/mo and a median home value of $108,800. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Hamilton County?
The median gross rent in Hamilton County is $566/mo. This is 32% below state average for Illinois.
Is Hamilton County affordable?
Hamilton County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hamilton County's rent compare to the state average?
Hamilton County's median rent of $566/mo is 32% below state average of $837/mo for Illinois.
What is the median home value in Hamilton County?
The median home value in Hamilton County, Illinois is $108,800. This is 61% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.