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City · 5,007 residents · Woodford County, Illinois

Eureka , Illinois

In Eureka, a typical home is worth $154,300 and typical rent is $692 a month. Compared with all of Woodford County, typical household income is 39% lower, typical rent is 24% lower, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $154,300

    22% below the county

    41% below Illinois

    • Eureka
    • Woodford
    • Illinois

  • Typical rent

    $692a month

    24% below the county

    46% below Illinois

    • Eureka
    • Woodford
    • Illinois

  • Typical household income

    $56,048a year

    39% below the county

    33% below Illinois

    • Eureka
    • Woodford
    • Illinois

  • Households that own their home

    72%

    14 points below the county

    4 points above Illinois

    • Eureka
    • Woodford
    • Illinois

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

Market now, with Zillow data

Zillow data
Typical home value
$218,196
9.6% more than 12 months ago

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

Eureka is in Woodford 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 Woodford County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Eureka apart

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

  1. Eureka has the 5th lowest typical rent of the 331 cities in Illinois with more than 5,000 people ($692).

  2. The typical household income in Eureka is $56,048, 39% less than in Woodford County as a whole ($91,483).

  3. Nearby, in Peoria Heights, the typical home value is $117,700: 24% less than in Eureka ($154,300).

  4. 72% of households in Eureka own their home, against 86% in Woodford County.

  5. According to Zillow, in the 12 months to September 2026 the typical home value in Eureka rose 9.6%; in Illinois, it rose 5.3%.

  6. The typical home in Eureka is worth $154,300, 22% less than in Woodford County as a whole ($197,600).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Eureka

What homes there are in Eureka, 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 Eureka, 6 in 10 homes are single-family detached houses; in Woodford County, 9.

Year built

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
Monthly rent with utilities

With a mortgage

$1,347 a month

Woodford County: $1,659 a month

Without a mortgage

$677 a month

Woodford County: $722 a month

Owners with a mortgage

44%

Woodford County: 57%

The typical cost for an owner with a mortgage in Eureka is $1,347 a month, less than in Woodford County ($1,659); without one, $677.

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

Since 2015–2019, home values in Eureka moved so little that the Census cannot say whether they rose or fell.

The typical rent in Eureka stayed about the same over that time: the difference is within the Census margin of error.

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

MeasureEurekaWoodford CountyIllinoisUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.0%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.0%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.5%3.4%
People per household 2.012.542.462.53
Drive alone 77%79%66%69%
Carpool Unreliable estimate7%8%9%
Public transit Unreliable estimateUnreliable estimate6%3%
Walk or bike Unreliable estimate2%3%3%
Work from home Unreliable estimate12%16%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Eureka has 2.01 people, fewer than in Woodford County (2.54).

To get to work, 77% of workers in Eureka drive alone; in Woodford 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 Eureka?

A typical home is tight for the typical income

We start with a typical home in Eureka, worth $154,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Eureka, which is $56,048 a year. For that payment to be 28% of income, a household would need to earn about $61,845 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Eureka. 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 $5,401 (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

$1,443

at 7.18% · 30 years

Loan amount
$151,505
Total interest
$217,980
Paid off in
November 2056

Includes $2,606 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,308 a month

  • Tight

    $1,308 to $1,681 a month

    Your payment · 31%

  • Hard

    more than $1,681 a month

Compared with the typical household income in Eureka ($56,048 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,443
Principal & interest$1,026
Property tax$284
Home insurance$64
FHA mortgage insurance (MIP)$68

You need at least $5,401 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

Eureka and Woodford County

Eureka is in Woodford 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).

Eureka's own numbers

Typical home value
$154,300
Typical monthly rent
$692
Typical yearly household income
$56,048
Households that own their home
72%
Effective property tax rate
2.21%

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

Numbers for all of Woodford County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,212
Price change over 5 years (FHFA)
+43%
Homes in a high flood-risk zone
2.7%

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 Woodford County.

Everything about Woodford County

Buying

Buying a home in Eureka

A typical home in Eureka is worth $154,300: 22% below the county and 41% below Illinois. With the typical household income in Eureka ($56,048 a year), a typical home costs 2.8 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.

  • Eureka 2.8 years
  • Woodford 2.2 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Woodford County

According to FHFA’s house price index, home prices in Woodford County rose 51% in the 10 years through 2025.

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

Period County Illinois U.S.
Last year (2025) +6.0% +5.7% +2.9%
5 years (2020–2025) +43% +47% +47%
10 years (2015–2025) +51% +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

Eureka next to Woodford 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
  • Eureka $154,300
  • Woodford $197,600
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Eureka $692
  • Woodford $912
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Eureka $56,048
  • Woodford $91,483
  • Illinois $83,390
  • United States $80,734
See the full table
Eureka next to Woodford County and Illinois
Measure Eureka Woodford County Illinois U.S.
Typical home value $154,300 $197,600 $263,300 $332,700
Typical monthly rent $692 $912 $1,274 $1,413
Typical yearly household income $56,048 $91,483 $83,390 $80,734
Households that own their home 72% 86% 67% 65%
Typical yearly property tax $3,406 $4,215 $5,298 $3,119
Effective property tax rate 2.21% 2.13% 2.01% 0.94%
Renters with high rent for their income 60% 44% 48% 51%

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

For a typical $154,300 home in Eureka, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Eureka's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,443a month

    Least cash to close
    Down payment
    $5,401
    Cash to close
    $10,030
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $68

  • Conventional, 5% down $1,415a month

    Down payment
    $7,715
    Cash to close
    $12,344
    Rate
    7.18%
    Mortgage insurance
    PMI · $73

  • Conventional, 20% down, no PMI $1,185a month

    Down payment
    $30,860
    Cash to close
    $35,489
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,327a month

    Down payment
    $23,145
    Cash to close
    $27,774
    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 Eureka and for Woodford County.

Property tax

Effective rate in Eureka

2.21%of the home’s value each year

$3,406 a year for the typical owner in Eureka.

  • Eureka 2.21%
  • Woodford 2.13%
  • Illinois 2.01%

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

Exemptions and deadlines in Illinois

Flood risk in Woodford County

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

Homes in the high-risk zone
2.7%
439
Of those, with NFIP insurance
21%
County Illinois U.S.
Homes in the high-risk zone 2.7% 1.5% 3.5%
Of those, with NFIP insurance 21% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Eureka

Typical rent in Eureka is $692 a month: 24% below the county. In Eureka, 60% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Woodford County, by unit size. To pay the 2-bedroom one ($1,212 a month) without spending more than 30% of your income, you would need to earn $23.31 an hour working full time.

HUD fair market rent for all of Woodford 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 $915 $17.60 $36,600
1 bedroom $961 $18.48 $38,440
2 bedrooms $1,212 $23.31 $48,480
3 bedrooms $1,557 $29.94 $62,280
4 bedrooms $1,710 $32.88 $68,400

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 Eureka

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Eureka is in ZIP code 61530.

For 2 bedrooms it is $1,030: $182 less than the fair market rent for Woodford County ($1,212).

  • 61530 $1,030$1,320

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Eureka 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 Eureka

HUD lists one building with rents for lower incomes in Eureka.

  • Maple Lawn 700 N Main St, Eureka 61530 100 low-income homes · For older adults (309) 467-2337

See all 5 buildings in Woodford County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Eureka

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 Woodford County. The nearest ones are below; many serve by phone or online.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Eureka

No down payment, repair or rent-help program on our list is for Eureka or Woodford County. The ones below are statewide in Illinois: they work in Eureka 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 Eureka

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

  • Navicore Solutions- Peoria, IL

    416 Main St, Peoria · 16 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (866) 472-4557

  • Metec

    2605 W Krause Ave, Peoria · 19 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (309) 676-3832

  • Mid Central Community Action, Inc.

    1301 W Washington St, Bloomington · 21 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (309) 829-0691

All counseling agencies in Illinois

Help in Spanish near Eureka

2 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 Eureka

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

  • Woodford County Housing Authority Public housing and Section 8 vouchers (309) 467-4623

All housing agencies in Illinois Source: HUD

Cities

Nearby cities

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

Everything about Woodford County Housing in Illinois

Neighboring counties

If Woodford 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 Eureka.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Eureka

Short answers with the numbers for Eureka and all of Woodford 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 Eureka?

The typical home value in Eureka is $154,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Woodford County it is $197,600.

How much does it cost to rent in Eureka?

Typical rent in Eureka is $692 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Woodford County is $1,212.

What is the FHA loan limit in Eureka?

Eureka uses the FHA limit for all of Woodford 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 Eureka?

The typical homeowner in Eureka pays $3,406 a year, according to the U.S. Census Bureau. That is 2.21% of the home’s value; in Woodford County, the rate is 2.13%.

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

We found no HUD-approved counseling agencies with an office in Woodford 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).