Diamond, IL
Full City Profile · Illinois · Grundy County County
3.5
/5.0
B+
Good
2,900
Population
1,526/sq mi density
$60,000
Median Income
$34,675 per capita
$211,500
Home Value
$297,303 Zillow
$1,224
Median Rent
34.8% income on rent
51°F
Avg Temperature
275 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,000 median income, 0.5% unemployment
A+
Affordability
4.7 / 5.0
$211,500 home value, $1,224/mo rent
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Housing Overview
Median Home Value
$211,500
25% below
US avg: $281,900
Median Rent
$1,224/mo
5% above
US avg: $1,163/mo
Homeownership Rate
79.2%
21% above US avg (65.4%)
Total Housing Units
1,169
Median year built: 1992
Home Value by Source
Census Median
$211,500
Zillow (ZHVI)
$297,303
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
79.2%
Owner-Occupied
20.8%
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:
$1,224/mo
Affordability & Housing Stock
Rent Burden
34.8%
of renters spending 30%+ of income on housing
12% above US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
79.2%
Complete Housing Data
Home Values
| Census Median Value | $211,500 |
| Zillow Home Value (ZHVI) | $297,303 |
Rent
| Census Median Rent | $1,224 |
| 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-Occupied | 79.2% |
| Renter-Occupied | 20.8% |
| Homeownership Rate | 79.2% |
| Total Housing Units | 1,169 |
| Median Year Built | 1992 |
| Rent Burden | 34.8% |
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