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Cambridge, IL

Full City Profile · Illinois · Henry County County

3.1 /5.0
B Good
2,184 Population 1,097/sq mi density
$72,292 Median Income $31,104 per capita
$120,400 Home Value $129,710 Zillow
$1,039 Median Rent 32.3% income on rent
51°F Avg Temperature 275 sunny days/yr
96 Violent Crime/100K 529 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$72,292 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$120,400 home value, $1,039/mo rent
F
Safety
1.0 / 5.0
96 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)
$129,710
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
88%
12%
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 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)$129,710
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 Market22
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$74

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units922
Median Year Built1951
Rent Burden32.3%