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Marengo, IL

Full City Profile · Illinois · McHenry County County

2.9 /5.0
C+ Fair
7,123 Population 800/sq mi density
$72,586 Median Income $35,638 per capita
$206,100 Home Value $345,185 Zillow
$1,077 Median Rent 33.7% income on rent
48°F Avg Temperature 260 sunny days/yr
173 Violent Crime/100K 933 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$72,586 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$206,100 home value, $1,077/mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher

Housing Overview

Median Home Value
$206,100
27% below
US avg: $281,900
Median Rent
$1,077/mo
7% below
US avg: $1,163/mo
Homeownership Rate
68.8%
5% above US avg (65.4%)
Total Housing Units
3,072
Median year built: 1972

Home Value by Source

Census Median
$206,100
Zillow (ZHVI)
$345,185
Median Sale Price
$350,000
Median List Price
$387,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

68.8%
Owner-Occupied
31.2%
Renter-Occupied
69%
31%
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: $1,077/mo

Market Indicators (Redfin)

Median Days on Market
49 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
13.6%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
33.7%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
68.8%

Complete Housing Data

Home Values

Census Median Value$206,100
Zillow Home Value (ZHVI)$345,185
Median Sale Price$350,000
Median List Price$387,500
Price Per Sq Ft$184

Rent

Census Median Rent$1,077
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 Market49
Sale-to-List Ratio1.0%
Price Drops13.6%
Homes Sold5
Active Inventory22
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied68.8%
Renter-Occupied31.2%
Homeownership Rate68.8%
Total Housing Units3,072
Median Year Built1972
Rent Burden33.7%