Cost of Living in Moultrie County, Illinois

$773/mo
Median Monthly Rent
$121,500
Median Home Value
8% below state averageUnaffordable

At a Glance

Median Monthly Rent
$773/mo
8% below state average
Median Home Value
$121,500
57% below national
Rent-to-Income Ratio
22.0%
% 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 Moultrie County Compares

Median monthly rent comparison

Moultrie County$773/mo
Illinois Average$837/mo
National Median$1,163/mo

Detailed Housing Stats

$773/mo
Median Gross Rent
$121,500
Median Home Value
$853/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Moultrie County, Illinois

Moultrie balances modest income and rents

Moultrie County's median household income of $71,676 falls 4.1% below the U.S. median, yet its 12.9% rent-to-income ratio runs ahead of the national norm of roughly 15%. The county demonstrates solid affordability despite below-average earning power.

Moultrie outperforms state averages

Moultrie's 12.9% rent-to-income ratio beats Illinois's 14.7% state average, with median rents of $773/month undercutting the state's $837 benchmark. This advantage positions Moultrie as a smart option for statewide renters watching budgets.

Moultrie splits the affordability range

Moultrie's $773 median rent sits between Mercer's $757 and Menard's $780, while the median home value of $121,500 falls between Montgomery ($102,200) and Mercer ($139,300). Moultrie offers balanced costs without extremes.

Housing remains manageable here

Moultrie residents dedicate 12.9% to rent and 14.3% to owner costs—among the most balanced allocations in the comparison group. An $853/month mortgage on a median home valued at $121,500 keeps homeownership attainable for typical county households.

Moultrie offers stable middle ground

If you want neither the lowest costs nor premium locations, Moultrie County delivers reliable affordability with balanced housing-to-income ratios. Compare Moultrie's middle-of-road profile to counties at either extreme to find your fit.

Affordability Calculator

See how your income compares to housing costs in Moultrie County

$

Rent Burden

12.9%

of gross income

Max Housing (28% Rule)

$1,672

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Moultrie County

Median home value is $121,500. Estimated monthly cost: $970 vs. your max of $1,672.

Rent Affordability Guide

Your rent-to-income ratio12.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Moultrie County, Illinois?
Moultrie County, Illinois has a median monthly rent of $773/mo and a median home value of $121,500. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Moultrie County?
The median gross rent in Moultrie County is $773/mo. This is 8% below state average for Illinois.
Is Moultrie County affordable?
Moultrie County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Moultrie County's rent compare to the state average?
Moultrie County's median rent of $773/mo is 8% below state average of $837/mo for Illinois.
What is the median home value in Moultrie County?
The median home value in Moultrie County, Illinois is $121,500. This is 57% 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.