Housing & Real Estate — Melvin, Illinois

Overview

Total Housing Units213
Occupied168
Vacant45
Owner-Occupied142
Renter-Occupied26
Median Home Value (Census)$66,300
Estimated 2026~$77,000
Median Rent$817/mo
Median Property Tax$1,140/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income22.3%
Severely Rent-Burdened25.8%

Housing Age

Built 2010 or later10
Built 2000-20093
Built 1990-19991
Built before 1960139
Median Year Built1951
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.