Montgomery, IL Real Estate

According to census data in the year 2000 there were 2,161 housing units in Montgomery. This represents a 26.7% growth from 1,705 in 1990.

Of those housing units, 2,126 were located in either urbanized areas or urban clusters, and 35 were located in what is classified as a rural area.

Homeownership rate in Montgomery is about 77.1%. Montgomery's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Montgomery were built after 1968.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom8%
Two Bedrooms34.20%
Three Bedrooms41.10%
Four Bedrooms13.70%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1969
Median Value of occupied units$135,200
Median Price asked for vacant units$160,400

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1965
Median Monthly Rent asked for vacant units$587

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage2.60%
Home Equity Loan10.40%
Simple Mortgage58.30%
Debt Free27.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21%