Cambridge, IL
Full City Profile · Illinois · Henry County County
3.4
/5.0
B
Good
2,184
Population
1,097/sq mi density
$72,292
Median Income
$31,104 per capita
$120,400
Home Value
$133,047 Zillow
$1,039
Median Rent
32.3% income on rent
51°F
Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$72,292 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$120,400 home value, $1,039/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.4 / 5.0
17.3% bachelor's degree or higher
Housing Overview
Median Home Value
$120,400
57% below
US avg: $281,900
Median Rent
$1,039/mo
11% below
US avg: $1,163/mo
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
922
Median year built: 1951
Home Value by Source
Census Median
$120,400
Zillow (ZHVI)
$133,047
Redfin Median Sale
$110,000
Median Sale Price
$110,000
Median List Price
$170,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.4%
Owner-Occupied
11.6%
Renter-Occupied
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:
$1,039/mo
Market Indicators (Redfin)
Median Sale Price
$110,000
Median Days on Market
22 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$74
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
32.3%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
88.4%
Complete Housing Data
Home Values
| Census Median Value | $120,400 |
| Zillow Home Value (ZHVI) | $133,047 |
| Redfin Median Sale | $110,000 |
| Median Sale Price | $110,000 |
| Median List Price | $170,000 |
| Price Per Sq Ft | $74 |
Rent
| Census Median Rent | $1,039 |
| 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 Market | 22 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $74 |
Ownership & Stock
| Owner-Occupied | 88.4% |
| Renter-Occupied | 11.6% |
| Homeownership Rate | 88.4% |
| Total Housing Units | 922 |
| Median Year Built | 1951 |
| Rent Burden | 32.3% |