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St. Elmo, IL Home Values and Rents
The median home value in St. Elmo is $82,600, 647th highest of 696 cities and towns in Illinois. Median rent is $762 a month.
- Median home value
- $82,600
- 647th of 696 in IL
- Median rent
- $762/mo
- ACS 2020-2024
- Price change, 1 year
- -3.7%
- County index, 2025
- Homeownership
- 82.0%
- IL: 67.1%
Fayette County home price trend
FHFA annual House Price Index for Fayette County, 2000 = 100, compared with Illinois
Show as a table
| Period | Fayette County |
|---|---|
| 2025 | 191 |
| 2024 | 198 |
| 2023 | 184 |
| 2022 | 161 |
| 2021 | 153 |
| 2020 | 143 |
| 2019 | 141 |
| 2018 | 133 |
| 2017 | 136 |
| 2016 | 133 |
| 2015 | 135 |
| 2014 | 130 |
| 2013 | 132 |
| 2012 | 126 |
| 2011 | 128 |
Beta
Over five years, Fayette County prices changed +33.4%, 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 Fayette County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $724 | +0.3% |
| 1 bedroom | $728 | -2.9% |
| 2 bedrooms | $930 | +1.5% |
| 3 bedrooms | $1,213 | +2.5% |
| 4 bedrooms | $1,350 | +4.4% |
Frequently asked questions
- What is the median home value in St. Elmo, IL?
- The median home value in St. Elmo is $82,600, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- How much is rent in St. Elmo?
- The median rent in St. Elmo is $762 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $930.
- Are home prices going up in St. Elmo?
- Home prices in Fayette County changed -3.7% over one year and +33.4% over five years, as of 2025.
- How does St. Elmo compare with the rest of Illinois?
- St. Elmo has the 647th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.