Cedar Point, IL

Full City Profile · Illinois · Putnam County County

3.4 /5.0
B Good
218 Population 214/sq mi density
$59,028 Median Income $35,155 per capita
$87,300 Home Value $167,604 Zillow
$950 Median Rent 18.9% income on rent
50°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$59,028 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$87,300 home value, $950/mo rent
F
Education
1.3 / 5.0
4.0% bachelor's degree or higher

Housing Overview

Median Home Value
$87,300
69% below
US avg: $281,900
Median Rent
$950/mo
18% below
US avg: $1,163/mo
Homeownership Rate
82.4%
26% above US avg (65.4%)
Total Housing Units
107
Median year built: 1953

Home Value by Source

Census Median
$87,300
Zillow (ZHVI)
$167,604
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.4%
Owner-Occupied
17.6%
Renter-Occupied
82%
18%
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: $950/mo

Affordability & Housing Stock

Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
82.4%

Complete Housing Data

Home Values

Census Median Value$87,300
Zillow Home Value (ZHVI)$167,604

Rent

Census Median Rent$950
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied82.4%
Renter-Occupied17.6%
Homeownership Rate82.4%
Total Housing Units107
Median Year Built1953
Rent Burden18.9%