Housing & Real Estate — Elwood, Illinois

Overview

Total Housing Units966
Occupied921
Vacant45
Owner-Occupied721
Renter-Occupied200
Median Home Value (Census)$237,500
Estimated 2026~$270,000
Median Rent$986/mo
Median Property Tax$4,507/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income13.7%
Severely Rent-Burdened29.7%

Housing Age

Built 2010 or later17
Built 2000-2009251
Built 1990-1999261
Built before 1960170
Median Year Built1993
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.