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Altamont, IL

Full City Profile · Illinois · Effingham County County

3.2 /5.0
B Good
2,500 Population 1,623/sq mi density
$76,198 Median Income $33,297 per capita
$132,200 Home Value $167,330 Zillow
$898 Median Rent 19.2% income on rent
54°F Avg Temperature 293 sunny days/yr
132 Violent Crime/100K 922 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$76,198 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$132,200 home value, $898/mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
C
Education
2.5 / 5.0
18.6% bachelor's degree or higher

Housing Overview

Median Home Value
$132,200
53% below
US avg: $281,900
Median Rent
$898/mo
23% below
US avg: $1,163/mo
Homeownership Rate
78.0%
19% above US avg (65.4%)
Total Housing Units
1,018
Median year built: 1970

Home Value by Source

Census Median
$132,200
Zillow (ZHVI)
$167,330
Median Sale Price
$107,000
Median List Price
$179,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.0%
Owner-Occupied
22.0%
Renter-Occupied
78%
22%
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: $898/mo

Market Indicators (Redfin)

Median Days on Market
104 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
27.3%
of listings with price reduction
Price Per Sq Ft
$152
Active Inventory
11
homes for sale

Affordability & Housing Stock

Rent Burden
19.2%
of renters spending 30%+ of income on housing
38% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
78.0%

Complete Housing Data

Home Values

Census Median Value$132,200
Zillow Home Value (ZHVI)$167,330
Median Sale Price$107,000
Median List Price$179,000
Price Per Sq Ft$152

Rent

Census Median Rent$898
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 Market104
Sale-to-List Ratio0.9%
Price Drops27.3%
Homes Sold1
Active Inventory11
Price Per Sq Ft$152

Ownership & Stock

Owner-Occupied78.0%
Renter-Occupied22.0%
Homeownership Rate78.0%
Total Housing Units1,018
Median Year Built1970
Rent Burden19.2%