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Standard, IL Home Values and Rents

The median home value in Standard is $108,100. Median rent is $850 a month.

Median home value
$108,100
ACS 2020-2024
Median rent
$850/mo
ACS 2020-2024
Price change, 1 year
+25.1%
County index, 2025
Homeownership
78.4%
IL: 67.1%

Putnam County home price trend

FHFA annual House Price Index for Putnam County, 2000 = 100, compared with Illinois

Putnam CountyIllinois
Show as a table
PeriodPutnam County
2025213
2024170
2023169
2022129
2021128
2020116
2019121
2018115
2017112
2016113
2015110
2014114
2013110
2012106
2011109
Beta

Over five years, Putnam County prices changed +83.2%, compared with +44.0% for Illinois.

Source: Federal Housing Finance Agency · Last updated 08/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
161363$108,100$850--

Fair Market Rents, FY2027

HUD rent standard for Putnam County, IL

IL rents
Unit sizeMonthly rentvs FY2026
Studio$656+1.5%
1 bedroom$857+0.7%
2 bedrooms$942+0.5%
3 bedrooms$1,189-1.9%
4 bedrooms$1,575+1.4%

Frequently asked questions

What is the median home value in Standard, IL?
The median home value in Standard is $108,100, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
How much is rent in Standard?
The median rent in Standard is $850 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $942.
Are home prices going up in Standard?
Home prices in Putnam County changed +25.1% over one year and +83.2% over five years, as of 2025.
Which ZIP code in Standard has the highest home values?
ZIP code 61363 has the highest median home value at $108,100.