Housing & Real Estate — Montgomery, Illinois
Overview
| Total Housing Units | 7,452 |
| Occupied | 7,088 |
| Vacant | 364 |
| Owner-Occupied | 5,540 |
| Renter-Occupied | 1,548 |
| Median Home Value (Census) | $299,500 |
| Estimated 2026 | ~$321,000 |
| Median Rent | $1,897/mo |
| Median Property Tax | $7,183/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | affordable |
| Rent as % of Income | 21.9% |
| Severely Rent-Burdened | 34.5% |
Housing Age
| Built 2010 or later | 1,312 |
| Built 2000-2009 | 3,978 |
| Built 1990-1999 | 359 |
| Built before 1960 | 799 |
| Median Year Built | 2003 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.