City · 24,031 residents · Madison County, Illinois
Collinsville, Illinois
In Collinsville, a typical home is worth $163,600 and typical rent is $1,038 a month. Compared with all of Madison County, typical household income is 11% lower, the typical home value is 5% lower, and the share of households that own their home is 8 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $147,163 to $195,064.
Typical rent
$1,161a month
▲ 19.8% more than 12 months ago
Typical rent from Zillow, March 2023 to September 2026: from $839 to $1,161.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Collinsville is in Madison County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Madison County. See the county
What this place has that others do not, from public data, most unusual first.
1
66% of households in Collinsville own their home, against 74% in Madison County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Collinsville
What homes there are in Collinsville, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Collinsville
Madison County
Illinois
United States
Kind of home: Collinsville and its comparisons
Measure
Collinsville
Madison County
Illinois
United States
Detached house
66%
79%
58%
61%
Attached house
6%
3%
6%
6%
Building of 2 to 4
13%
8%
12%
8%
Apartments (5 or more)
12%
8%
22%
19%
Mobile home
3%
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Collinsville (66%), but less so than in Madison County (79%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Collinsville
Madison County
Illinois
United States
Year built: Collinsville and its comparisons
Measure
Collinsville
Madison County
Illinois
United States
Before 1960
35%
36%
38%
26%
1960–1979
26%
25%
26%
24%
1980–1999
24%
20%
20%
25%
2000–2009
10%
12%
11%
14%
2010 or later
5%
7%
6%
11%
The typical year built in Collinsville is 1971, about the same as in Madison County (1971).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K21%
$100K–$200K45%
$200K–$300K23%
$300K–$500K9%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Collinsville and its comparisons
Measure
Collinsville
Under $100K
21%
$100K–$200K
45%
$200K–$300K
23%
$300K–$500K
9%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA limit for Madison County is high ($541,287): at least 98% of owner-occupied homes in Collinsville are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99940%
$1,000–$1,49943%
$1,500–$1,9999%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Collinsville and its comparisons
Measure
Collinsville
Under $500
Unreliable estimate
$500–$999
40%
$1,000–$1,499
43%
$1,500–$1,999
9%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$1,409 a month
Madison County: $1,511 a month
Without a mortgage
$603 a month
Madison County: $653 a month
Owners with a mortgage
59%
Madison County: 60%
Owning costs less in Collinsville: with a mortgage, the typical cost is $1,409 a month; in Madison County, $1,511. Without one, $603.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Collinsville+29%
Madison County+28%
Illinois+35%
United States+53%
Typical rent
Collinsville+15%
Madison County+24%
Illinois+26%
United States+33%
Typical household income
Collinsville+26%
Madison County+25%
Illinois+27%
United States+29%
Change since 2015–2019: Collinsville and its comparisons
Measure
Collinsville
Madison County
Illinois
United States
Typical home value
+29%
+28%
+35%
+53%
Typical rent
+15%
+24%
+26%
+33%
Typical household income
+26%
+25%
+27%
+29%
The typical home value in Collinsville rose 29% since 2015–2019, about the same as in Madison County (28%).
Rents in Collinsville rose more slowly than in Madison County: 15% since 2015–2019, against 24%.
The typical household income in Collinsville rose 26% over that time; home values changed +29% and rent +15%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Collinsville and its comparisons
Measure
Collinsville
Madison County
Illinois
United States
Rental vacancy
Unreliable estimate
4.1%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.0%
1.0%
0.9%
More than one person per room
Unreliable estimate
1.0%
2.5%
3.4%
People per household
2.16
2.35
2.46
2.53
Drive alone
75%
78%
66%
69%
Carpool
11%
7%
8%
9%
Public transit
Unreliable estimate
1%
6%
3%
Walk or bike
Unreliable estimate
1%
3%
3%
Work from home
13%
13%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Collinsville are smaller: 2.16 people on average; in Madison County, 2.35.
In Collinsville, 11% of workers share a car to get to work; in Madison County, 7%.
Do the math
What would you pay each month for a home in Collinsville?
A typical home is within reach of the typical income
We start with a typical home in Collinsville, worth $163,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 26% of the typical household income in Collinsville, which is $67,612 a year.
The calculator's FHA and conventional loan limits are those of all of Madison County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Collinsville. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $5,726 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,456
at 7.18% · 30 years
Loan amount
$160,637
Total interest
$231,119
Paid off in
November 2056
Includes $2,763 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,578 a month
Your payment · 26%
Tight
$1,578 to $2,028 a month
Hard
more than $2,028 a month
Compared with the typical household income in Collinsville ($67,612 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,088
Property tax
$228
Home insurance
$68
FHA mortgage insurance (MIP)
$72
You need at least $5,726 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,456; principal and interest $1,088.
The city and its county
Collinsville and Madison County
Collinsville is in Madison County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Collinsville
Map of Madison County, Illinois, with Collinsville marked. Around it, the neighboring counties.
Collinsville
Madison County
Other cities with a page
Collinsville's own numbers
Typical home value
$163,600
Typical monthly rent
$1,038
Typical yearly household income
$67,612
Households that own their home
66%
Effective property tax rate
1.67%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Madison County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,349
Price change over 5 years (FHFA)
+47%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Madison County.
A typical home in Collinsville is worth $163,600: 5% below the county and 38% below Illinois. With the typical household income in Collinsville ($67,612 a year), a typical home costs 2.4 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Collinsville2.4 years
Madison2.3 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Madison County
According to FHFA’s house price index, home prices in Madison County rose 66% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Madison County.
Yearly change in FHFA’s price index in Madison County, 2016 to 2025
2016: +2.1% +2.1% 2016
2017: +2.3% +2.3% 2017
2018: +2.9% +2.9% 2018
2019: +2.8% +2.8% 2019
2020: +2.2% +2.2% 2020
2021: +7.4% +7.4% 2021
2022: +11.8% +11.8% 2022
2023: +8.2% +8.2% 2023
2024: +6.0% +6.0% 2024
2025: +6.7% +6.7% 2025
Change in FHFA’s price index in Madison County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.7%
+5.7%
+2.9%
5 years (2020–2025)
+47%
+47%
+47%
10 years (2015–2025)
+66%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Collinsville next to Madison County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Collinsville$163,600
Madison$173,000
Illinois$263,300
United States$332,700
Typical monthly rent
Collinsville$1,038
Madison$1,024
Illinois$1,274
United States$1,413
Typical yearly household income
Collinsville$67,612
Madison$75,793
Illinois$83,390
United States$80,734
See the full table
Collinsville next to Madison County and Illinois
Measure
Collinsville
Madison County
Illinois
U.S.
Typical home value
$163,600 ▼5% below the county
$173,000
$263,300
$332,700
Typical monthly rent
$1,038
$1,024
$1,274
$1,413
Typical yearly household income
$67,612 ▼11% below the county
$75,793
$83,390
$80,734
Households that own their home
66% ▼8 points below the county
74%
67%
65%
Typical yearly property tax
$2,724 ▼18% below the county
$3,319
$5,298
$3,119
Effective property tax rate
1.67% ▼0.25 points below the county
1.92%
2.01%
0.94%
Renters with high rent for their income
44% ▼3 points below the county
47%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Madison County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Collinsville
For a typical $163,600 home in Collinsville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Collinsville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,456a month
Least cash to close
Down payment
$5,726
Cash to close
$10,634
Rate
7.18%
Mortgage insurance
FHA MIP · $72
Conventional, 5% down$1,426a month
Down payment
$8,180
Cash to close
$13,088
Rate
7.18%
Mortgage insurance
PMI · $78
Conventional, 20% down, no PMI$1,182a month
Down payment
$32,720
Cash to close
$37,628
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,334a month
Down payment
$24,540
Cash to close
$29,448
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Collinsville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,456
$5,726
$160,637
7.18%
FHA MIP · $72
$10,634
580
Conventional, 5% down
$1,426
$8,180
$155,420
7.18%
PMI · $78
$13,088
620*
Conventional, 20% down, no PMI
$1,182
$32,720
$130,880
7.18%
None
$37,628
620*
ITIN, 15% down (example)
$1,334
$24,540
$139,060
8.18%
None
$29,448
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Collinsville is $1,038 a month: about the same as the county. In Collinsville, 44% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Madison County, by unit size. To pay the 2-bedroom one ($1,349 a month) without spending more than 30% of your income, you would need to earn $25.94 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Madison County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,064
$20.46
$42,560
1 bedroom
$1,104
$21.23
$44,160
2 bedrooms
$1,349
$25.94
$53,960
3 bedrooms
$1,731
$33.29
$69,240
4 bedrooms
$1,997
$38.40
$79,880
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Collinsville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Collinsville is in ZIP code 62234.
For 2 bedrooms it is $1,250: $99 less than the fair market rent for Madison County ($1,349).
Fair market rent by ZIP code and size in Collinsville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
62234
$990
$1,020
$1,250
$1,600
$1,850
ZIP code2 bd3 bd
62234 $1,250$1,600
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Collinsville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 4 buildings with rents for lower incomes in Collinsville. These are the largest.
Northgate Homes150 S Aurora St, Collinsville 62234134 homes, 128 low-income · Run by Madison County Housing Authority · Average payment: $329 a month · Average wait: 16 months(618) 345-5142
Woodland Towers306 Pine Lake Rd, Collinsville 62234104 low-income homes · For older adults(618) 345-7240
Woodland Towers304 306 Pine Lake RD, Collinsville 6223499 low-income homes · In service since 2017
Woodland Park735 Claremont Ct, Collinsville 6223480 homes, 20 low-income · Run by Madison County Housing Authority · Average payment: $387 a month(618) 345-5142
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Madison County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Collinsville or Madison County. The ones below are statewide in Illinois: they work in Collinsville the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
The HUD-approved agencies closest to the center of Collinsville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
UL
Urban League of Metropolitan ST. Louis - ST. Clair County Operations
10220 Lincoln Trail, Fairview Heights · 6 miles away
No legal help resource on our list is for Collinsville or Madison County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Collinsville and all of Madison County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Collinsville?
The typical home value in Collinsville is $163,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Madison County it is $173,000.
How much does it cost to rent in Collinsville?
Typical rent in Collinsville is $1,038 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Madison County is $1,349.
What is the FHA loan limit in Collinsville?
Collinsville uses the FHA limit for all of Madison County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Collinsville?
The typical homeowner in Collinsville pays $2,724 a year, according to the U.S. Census Bureau. That is 1.67% of the home’s value; in Madison County, the rate is 1.92%.
Where can I find free help to buy or rent in Collinsville?
There is 1 HUD-approved counseling agency with an office in Madison County. They can help you get ready to buy, with your credit, or with rent.
