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Montgomery, IL

Full City Profile · Illinois · Kendall County County

3.5 /5.0
B+ Good
21,205 Population 2,118/sq mi density
$96,985 Median Income $36,453 per capita
$270,700 Home Value $321,311 Zillow
$1,897 Median Rent 29.0% income on rent
50°F Avg Temperature 275 sunny days/yr
151 Violent Crime/100K 1,350 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$96,985 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$270,700 home value, $1,897/mo rent
F
Safety
1.0 / 5.0
151 violent crimes/100K
B
Education
3.3 / 5.0
29.0% bachelor's degree or higher

Housing Overview

Median Home Value
$270,700
4% below
US avg: $281,900
Median Rent
$1,897/mo
63% above
US avg: $1,163/mo
Homeownership Rate
78.2%
20% above US avg (65.4%)
Total Housing Units
6,841
Median year built: 2003

Home Value by Source

Census Median
$270,700
Zillow (ZHVI)
$321,311
Median Sale Price
$405,000
Median List Price
$455,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.2%
Owner-Occupied
21.8%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$694/mo
1 Bedroom
$714/mo
2 Bedroom
$937/mo
3 Bedroom
$1,123/mo
4 Bedroom
$1,287/mo
Census median rent: $1,897/mo · Zillow rent: $2,539/mo

Market Indicators (Redfin)

Median Days on Market
46 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
6.5%
of listings with price reduction
Price Per Sq Ft
$198
Active Inventory
46
homes for sale

Affordability & Housing Stock

Rent Burden
29.0%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
78.2%

Complete Housing Data

Home Values

Census Median Value$270,700
Zillow Home Value (ZHVI)$321,311
Median Sale Price$405,000
Median List Price$455,000
Price Per Sq Ft$198

Rent

Census Median Rent$1,897
Zillow Rent (ZORI)$2,539
FMR Studio$694
FMR 1-Bedroom$714
FMR 2-Bedroom$937
FMR 3-Bedroom$1,123
FMR 4-Bedroom$1,287

Market

Days on Market46
Sale-to-List Ratio1.0%
Price Drops6.5%
Homes Sold8
Active Inventory46
Price Per Sq Ft$198

Ownership & Stock

Owner-Occupied78.2%
Renter-Occupied21.8%
Homeownership Rate78.2%
Total Housing Units6,841
Median Year Built2003
Rent Burden29.0%