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Alhambra, IL

Full City Profile · Illinois · Madison County County

3.5 /5.0
B+ Good
608 Population 800/sq mi density
$68,500 Median Income $29,919 per capita
$154,300 Home Value $272,416 Zillow
$788 Median Rent 35.8% income on rent
58°F Avg Temperature 293 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$68,500 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$154,300 home value, $788/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.5 / 5.0
19.1% bachelor's degree or higher

Housing Overview

Median Home Value
$154,300
45% below
US avg: $281,900
Median Rent
$788/mo
32% below
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
270
Median year built: 1965

Home Value by Source

Census Median
$154,300
Zillow (ZHVI)
$272,416
Median Sale Price
$64,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.0%
Owner-Occupied
25.0%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $788/mo

Market Indicators (Redfin)

Median Days on Market
5 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$42
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
35.8%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
75.0%

Complete Housing Data

Home Values

Census Median Value$154,300
Zillow Home Value (ZHVI)$272,416
Median Sale Price$64,900
Price Per Sq Ft$42

Rent

Census Median Rent$788
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market5
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$42

Ownership & Stock

Owner-Occupied75.0%
Renter-Occupied25.0%
Homeownership Rate75.0%
Total Housing Units270
Median Year Built1965
Rent Burden35.8%