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Toledo, IL

Full City Profile · Illinois · Cumberland County County

3.1 /5.0
B Good
1,209 Population 1,358/sq mi density
$59,881 Median Income $30,326 per capita
$92,200 Home Value $165,528 Zillow
$650 Median Rent 18.4% income on rent
53°F Avg Temperature 302 sunny days/yr
600 Violent Crime/100K 1,400 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$59,881 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$92,200 home value, $650/mo rent
F
Safety
1.0 / 5.0
600 violent crimes/100K (58% above avg)
C
Education
2.5 / 5.0
18.7% bachelor's degree or higher

Housing Overview

Median Home Value
$92,200
67% below
US avg: $281,900
Median Rent
$650/mo
44% below
US avg: $1,163/mo
Homeownership Rate
69.3%
6% above US avg (65.4%)
Total Housing Units
575
Median year built: 1960

Home Value by Source

Census Median
$92,200
Zillow (ZHVI)
$165,528
Median Sale Price
$81,000
Median List Price
$165,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.3%
Owner-Occupied
30.7%
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: $650/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$55
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
18.4%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
69.3%

Complete Housing Data

Home Values

Census Median Value$92,200
Zillow Home Value (ZHVI)$165,528
Median Sale Price$81,000
Median List Price$165,000
Price Per Sq Ft$55

Rent

Census Median Rent$650
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 Market41
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$55

Ownership & Stock

Owner-Occupied69.3%
Renter-Occupied30.7%
Homeownership Rate69.3%
Total Housing Units575
Median Year Built1960
Rent Burden18.4%