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City · 28,595 residents · Vermilion County, Illinois

Danville , Illinois

In Danville, a typical home is worth $79,000 and typical rent is $846 a month. Compared with all of Vermilion County, typical household income is 19% lower, the typical home value is 19% lower, and the share of households that own their home is 13 points lower.

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  • Typical home value

    $79,000

    19% below the county

    70% below Illinois

    • Danville
    • Vermilion
    • Illinois

  • Typical rent

    $846a month

    About the same as the county

    34% below Illinois

    • Danville
    • Vermilion
    • Illinois

  • Typical household income

    $45,957a year

    19% below the county

    45% below Illinois

    • Danville
    • Vermilion
    • Illinois

  • Households that own their home

    57%

    13 points below the county

    10 points below Illinois

    • Danville
    • Vermilion
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$82,782
3.3% more than 12 months ago
Typical rent
$883 a month
2.1% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Danville is in Vermilion 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 Vermilion County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Danville apart

What this place has that others do not, from public data, most unusual first.

  1. Danville has the 7th lowest typical home value of the 336 cities in Illinois with more than 5,000 people ($79,000).

  2. Danville has the 11th lowest typical household income of the 337 cities in Illinois with more than 5,000 people ($45,957).

  3. 57% of households in Danville own their home, against 70% in Vermilion County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Danville

What homes there are in Danville, 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

In Danville, 7 in 10 homes are single-family detached houses; in Vermilion County, 8.

Year built

Homes in Danville are older: the typical year built is 1951; in Vermilion County, 1957.

Homes in Danville are smaller: 50% have 3 bedrooms or more; in Vermilion County, 57%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

At least 100% of owner-occupied homes in Danville are worth less than $500,000, below the FHA loan limit for Vermilion County ($541,287).

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Vermilion County is $956: about 63% of rents in Danville are below it.

With a mortgage

$1,181 a month

Vermilion County: $1,205 a month

Without a mortgage

$461 a month

Vermilion County: $488 a month

Owners with a mortgage

36%

Vermilion County: 41%

In Danville, 36% of owners have a mortgage; their typical cost is $1,181 a month, about the same as in Vermilion County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Danville rose 18%; in Vermilion County, it rose 22%.

The typical rent in Danville rose 22% since 2015–2019, about the same as in Vermilion County (22%).

Here income gained ground: typical income rose 27%, against +18% for home values and +22% for rent.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureDanvilleVermilion CountyIllinoisUnited States
Rental vacancy 7.1%9.4%5.0%5.5%
Homeowner vacancy Unreliable estimate1.0%1.0%0.9%
More than one person per room Unreliable estimate1.1%2.5%3.4%
People per household 2.192.312.462.53
Drive alone 79%79%66%69%
Carpool 8%7%8%9%
Public transit Unreliable estimateUnreliable estimate6%3%
Walk or bike Unreliable estimate3%3%3%
Work from home 9%10%16%15%
Other means Unreliable estimate1%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

The rental vacancy rate in Danville is 7.1%, lower than in Vermilion County (9.4%).

On average, a household in Danville has 2.19 people, fewer than in Vermilion County (2.31).

In Danville, 79% of workers drive alone to work; in Vermilion County, 79%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Danville?

A typical home is within reach of the typical income

We start with a typical home in Danville, worth $79,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 19% of the typical household income in Danville, which is $45,957 a year.

The calculator's FHA and conventional loan limits are those of all of Vermilion County.

Your numbers

Local data
$

Starts at the typical home value in Danville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $2,765 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$734

at 7.18% · 30 years

Loan amount
$77,569
Total interest
$111,604
Paid off in
November 2056

Includes $1,334 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,072 a month

    Your payment · 19%

  • Tight

    $1,072 to $1,379 a month

  • Hard

    more than $1,379 a month

Compared with the typical household income in Danville ($45,957 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$734
Principal & interest$525
Property tax$140
Home insurance$33
FHA mortgage insurance (MIP)$35

You need at least $2,765 for the down payment, plus closing costs.

Next step

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.

The city and its county

Danville and Vermilion County

Danville is in Vermilion 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).

Danville's own numbers

Typical home value
$79,000
Typical monthly rent
$846
Typical yearly household income
$45,957
Households that own their home
57%
Effective property tax rate
2.13%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Vermilion County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$956
Price change over 5 years (FHFA)
+43%
Homes in a high flood-risk zone
1.2%

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 Vermilion County.

Everything about Vermilion County

Buying

Buying a home in Danville

A typical home in Danville is worth $79,000: 19% below the county and 70% below Illinois. With the typical household income in Danville ($45,957 a year), a typical home costs 1.7 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.

  • Danville 1.7 years
  • Vermilion 1.7 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Vermilion County

According to FHFA’s house price index, home prices in Vermilion County rose 58% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Vermilion County.

Period County Illinois U.S.
Last year (2025) +7.6% +5.7% +2.9%
5 years (2020–2025) +43% +47% +47%
10 years (2015–2025) +58% +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

Danville next to Vermilion 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
  • Danville $79,000
  • Vermilion $97,200
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Danville $846
  • Vermilion $838
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Danville $45,957
  • Vermilion $56,877
  • Illinois $83,390
  • United States $80,734
See the full table
Danville next to Vermilion County and Illinois
Measure Danville Vermilion County Illinois U.S.
Typical home value $79,000 $97,200 $263,300 $332,700
Typical monthly rent $846 $838 $1,274 $1,413
Typical yearly household income $45,957 $56,877 $83,390 $80,734
Households that own their home 57% 70% 67% 65%
Typical yearly property tax $1,683 $1,757 $5,298 $3,119
Effective property tax rate 2.13% 1.81% 2.01% 0.94%
Renters with high rent for their income 50% 46% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Vermilion 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 Danville

For a typical $79,000 home in Danville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Danville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $734a month

    Least cash to close
    Down payment
    $2,765
    Cash to close
    $5,135
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $35

  • Conventional, 5% down $719a month

    Down payment
    $3,950
    Cash to close
    $6,320
    Rate
    7.18%
    Mortgage insurance
    PMI · $38

  • Conventional, 20% down, no PMI $601a month

    Down payment
    $15,800
    Cash to close
    $18,170
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $674a month

    Down payment
    $11,850
    Cash to close
    $14,220
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Danville and for Vermilion County.

Property tax

Effective rate in Danville

2.13%of the home’s value each year

$1,683 a year for the typical owner in Danville.

  • Danville 2.13%
  • Vermilion 1.81%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in Vermilion County

FEMA does not publish these numbers by city: they are for all of Vermilion County.

Homes in the high-risk zone
1.2%
333
Of those, with NFIP insurance
11%
County Illinois U.S.
Homes in the high-risk zone 1.2% 1.5% 3.5%
Of those, with NFIP insurance 11% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Danville

Typical rent in Danville is $846 a month: about the same as the county. In Danville, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Vermilion County, by unit size. To pay the 2-bedroom one ($956 a month) without spending more than 30% of your income, you would need to earn $18.38 an hour working full time.

HUD fair market rent for all of Vermilion County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $743 $14.29 $29,720
1 bedroom $748 $14.38 $29,920
2 bedrooms $956 $18.38 $38,240
3 bedrooms $1,278 $24.58 $51,120
4 bedrooms $1,337 $25.71 $53,480

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 Danville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Danville has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,000 in 61832 to $1,050 in 61834.

2 of the 2 are above the fair market rent for Vermilion County ($956).

  • 61832 $1,000$1,340
  • 61834 $1,050$1,400

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Danville 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Danville

HUD lists 16 buildings with rents for lower incomes in Danville. These are the largest.

  • Vermillion Garden Apartments 1213 Garden Dr, Danville 61832 238 homes, 223 low-income · For families (217) 446-0475
  • Fair Oaks Addition 1020 Campbell Ln, Danville 61832 167 homes, 166 low-income · Run by The Housing Authority Of The City Of Danville, IL · Average payment: $278 a month · Average wait: 41 months (217) 444-3101
  • Vermilion House 3535 N Vermilion St, Danville 61832 160 low-income homes · 1 bd: 160 · In service since 2002 · For older adults (217) 442-6688
  • The Grove Apartments 1602 Edgewood Dr, Danville 61832 150 low-income homes · For families (217) 446-0083
  • Valleyview Heights Apts. 1500 Valleyview Ave, Danville 61832 127 low-income homes · For older adults (217) 442-2226

See all 19 buildings in Vermilion County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Danville

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.

We found no HUD-approved agencies with an office in Vermilion County. The nearest ones are below; many serve by phone or online.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Danville

No down payment, repair or rent-help program on our list is for Danville or Vermilion County. The ones below are statewide in Illinois: they work in Danville the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near Danville

The HUD-approved agencies closest to the center of Danville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Habitat for Humanity of Champaign County

    1914 Glenn Park Dr, Champaign · 35 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (217) 819-5113

  • Erba Edgar County Outreach Office

    114 Andrew St, Paris · 37 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    217-331-7031-229

  • Erba Douglas County Outreach Office

    107 W South Central, Tuscola · 43 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    217-331-7031-229

All counseling agencies in Illinois

Help in Spanish near Danville

None of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Danville

HUD’s record names them for Danville or Vermilion County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • The Housing Authority Of The City Of Danville, IL Public housing and Section 8 vouchers (217) 444-3101

All housing agencies in Illinois Source: HUD

Cities

Other cities in Vermilion County

These cities are also in Vermilion County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Vermilion County Housing in Illinois

Nearby cities

The cities closest to Danville, with the typical home value.

Neighboring counties

If Vermilion County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Danville.

All guides
A family walks a boardwalk trail in the forest; one of them uses a wheelchair.

Questions

Housing questions about Danville

Short answers with the numbers for Danville and all of Vermilion 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 Danville?

The typical home value in Danville is $79,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Vermilion County it is $97,200.

How much does it cost to rent in Danville?

Typical rent in Danville is $846 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Vermilion County is $956.

What is the FHA loan limit in Danville?

Danville uses the FHA limit for all of Vermilion 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 Danville?

The typical homeowner in Danville pays $1,683 a year, according to the U.S. Census Bureau. That is 2.13% of the home’s value; in Vermilion County, the rate is 1.81%.

Where can I find free help to buy or rent in Danville?

We found no HUD-approved counseling agencies with an office in Vermilion County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).