Housing in Elizabeth, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$188,080
Elizabeth vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Elizabeth is highlighted.
Median Home Value
28th%ilemost expensive$115,500show rank
Median Rent
22nd%ilemost expensive rent$741show rank
Rent Burden
51st%ilehighest rent burden18.7%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$115,500
Median Rent
$741
Total Housing Units
427
Vacancy Rate
9.6%
Owner Occupied
64.5%
Renter Occupied
35.5%
Median Property Tax
$1,935
per year
Monthly Cost (w/ Mortgage)
$754
Housing Types
Single Family74.7%
Multi-Family25.1%
Mobile Home0.2%
The median home value in Elizabeth, IL is $115,500. According to Zillow, the home value index for Elizabeth is $188,080. The median rent is $741 per month (Census ACS). About 64.5% of housing units are owner-occupied. The median year homes were built is 1952. There are 427 total housing units.