Housing in Gilman, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$127,745
Gilman vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Gilman is highlighted.
Median Home Value
25th%ilemost expensive$108,900show rank
Median Rent
17th%ilemost expensive rent$702show rank
Rent Burden
12th%ilehighest rent burden12.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$108,900
Median Rent
$702
Total Housing Units
771
Vacancy Rate
14.0%
Owner Occupied
78.4%
Renter Occupied
21.6%
Median Property Tax
$2,211
per year
Monthly Cost (w/ Mortgage)
$771
Housing Types
Single Family88.5%
Multi-Family11.5%
Mobile Home0.0%
The median home value in Gilman, IL is $108,900. According to Zillow, the home value index for Gilman is $127,745. The median rent is $702 per month (Census ACS). About 78.4% of housing units are owner-occupied. The median year homes were built is 1955. There are 771 total housing units.