Housing in Arcola, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$147,702

Arcola vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Arcola is highlighted.

Median Home Value

32nd%ilemost expensive$122,800show rank

Median Rent

33rd%ilemost expensive rent$819show rank

Rent Burden

7th%ilehighest rent burden11.5%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$122,800

Median Rent

$819

Total Housing Units

1,027

Vacancy Rate

8.1%

Owner Occupied

75.3%

Renter Occupied

24.7%

Median Property Tax

$2,303

per year

Monthly Cost (w/ Mortgage)

$898

Housing Types

Single Family

84.0%

Multi-Family

11.1%

Mobile Home

4.9%

The median home value in Arcola, IL is $122,800. According to Zillow, the home value index for Arcola is $147,702. The median rent is $819 per month (Census ACS). About 75.3% of housing units are owner-occupied. The median year homes were built is 1970. There are 1,027 total housing units.