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Bone Gap, IL Home Values and Rents
The median home value in Bone Gap is $80,000. Median rent is $480 a month.
- Median home value
- $80,000
- ACS 2020-2024
- Median rent
- $480/mo
- ACS 2020-2024
- Homeownership
- 83.5%
- IL: 67.1%
Edwards County home price trend
FHFA annual House Price Index for Edwards County, 2012 = 100, compared with Illinois
Show as a table
| Period | Edwards County |
|---|---|
| 2024 | 144 |
| 2023 | - |
| 2022 | 106 |
| 2021 | 102 |
| 2020 | 107 |
| 2019 | 107 |
| 2018 | 108 |
| 2017 | 100 |
| 2016 | 106 |
| 2015 | 103 |
| 2014 | 102 |
| 2013 | 103 |
| 2012 | 100 |
Beta
Over five years, Edwards County prices changed +34.6%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Edwards County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $648 | +2.5% |
| 1 bedroom | $711 | +1.9% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,108 | +0.9% |
| 4 bedrooms | $1,222 | +0.7% |
Frequently asked questions
- What is the median home value in Bone Gap, IL?
- The median home value in Bone Gap is $80,000, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- How much is rent in Bone Gap?
- The median rent in Bone Gap is $480 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $930.