Housing in Albion, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$138,952
Albion vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Albion is highlighted.
Median Home Value
17th%ilemost expensive$93,000show rank
Median Rent
31st%ilemost expensive rent$808show rank
Rent Burden
40th%ilehighest rent burden17.3%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$93,000
Median Rent
$808
Total Housing Units
952
Vacancy Rate
8.9%
Owner Occupied
69.5%
Renter Occupied
30.4%
Median Property Tax
$1,673
per year
Monthly Cost (w/ Mortgage)
$673
Housing Types
Single Family77.9%
Multi-Family6.0%
Mobile Home16.1%
The median home value in Albion, IL is $93,000. According to Zillow, the home value index for Albion is $138,952. The median rent is $808 per month (Census ACS). About 69.5% of housing units are owner-occupied. The median year homes were built is 1969. There are 952 total housing units.