In Geneseo, a typical home is worth $205,400 and typical rent is $1,015 a month. Compared with all of Henry County, the typical home value is 35% higher and typical rent is 21% higher.
Typical home value from Zillow, September 2021 to September 2026: from $193,674 to $247,473.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Geneseo is in Henry 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 Henry County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Kewanee, the typical home value is $73,200: 64% less than in Geneseo ($205,400).
2
The typical home in Geneseo is worth $205,400,35% more than in Henry County as a whole ($151,600).
3
Nearby, in Kewanee, the typical rent is $797: 21% less than in Geneseo ($1,015).
4
The typical rent in Geneseo is $1,015 a month, 21% more than in Henry County as a whole ($842).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Geneseo
What homes there are in Geneseo, 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
Geneseo
Henry County
Illinois
United States
Kind of home: Geneseo and its comparisons
Measure
Geneseo
Henry County
Illinois
United States
Detached house
74%
87%
58%
61%
Attached house
4%
Unreliable estimate
6%
6%
Building of 2 to 4
13%
5%
12%
8%
Apartments (5 or more)
Unreliable estimate
5%
22%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Geneseo, but it weighs less than in Henry County: 74% against 87%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Geneseo
Henry County
Illinois
United States
Year built: Geneseo and its comparisons
Measure
Geneseo
Henry County
Illinois
United States
Before 1960
48%
49%
38%
26%
1960–1979
19%
30%
26%
24%
1980–1999
18%
12%
20%
25%
2000–2009
10%
6%
11%
14%
2010 or later
Unreliable estimate
3%
6%
11%
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 $100K13%
$100K–$200K34%
$200K–$300K36%
$300K–$500K14%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Geneseo and its comparisons
Measure
Geneseo
Under $100K
13%
$100K–$200K
34%
$200K–$300K
36%
$300K–$500K
14%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
The FHA limit for Henry County is high ($541,287): at least 97% of owner-occupied homes in Geneseo are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99943%
$1,000–$1,49931%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Geneseo and its comparisons
Measure
Geneseo
Under $500
Unreliable estimate
$500–$999
43%
$1,000–$1,499
31%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,688 a month
Henry County: $1,414 a month
Without a mortgage
$685 a month
Henry County: $581 a month
Owners with a mortgage
62%
Henry County: 52%
Owning costs more in Geneseo: with a mortgage, the typical cost is $1,688 a month; in Henry County, $1,414. Without one, $685.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Geneseo+42%
Henry County+27%
Illinois+35%
United States+53%
Typical rent
Geneseo+40%
Henry County+24%
Illinois+26%
United States+33%
Typical household income
GeneseoNo clear change
Henry County+20%
Illinois+27%
United States+29%
Change since 2015–2019: Geneseo and its comparisons
Measure
Geneseo
Henry County
Illinois
United States
Typical home value
+42%
+27%
+35%
+53%
Typical rent
+40%
+24%
+26%
+33%
Typical household income
No clear change
+20%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Geneseo rose 42%; in Henry County, it rose 27%.
The typical rent in Geneseo rose 40% over the same time; in Henry County, it rose 24%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Geneseo and its comparisons
Measure
Geneseo
Henry County
Illinois
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
Unreliable estimate
Unreliable estimate
2.5%
3.4%
People per household
2.23
2.36
2.46
2.53
Drive alone
85%
80%
66%
69%
Carpool
6%
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
Unreliable estimate
3%
3%
3%
Work from home
8%
9%
16%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Households in Geneseo are smaller: 2.23 people on average; in Henry County, 2.36.
To get to work, 85% of workers in Geneseo drive alone; in Henry County, 80%.
Do the math
What would you pay each month for a home in Geneseo?
A typical home is tight for the typical income
We start with a typical home in Geneseo, worth $205,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Geneseo, which is $70,147 a year. For that payment to be 28% of income, a household would need to earn about $79,172 a year.
The calculator's FHA and conventional loan limits are those of all of Henry 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 Geneseo. 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 $7,189 (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
$1,847
at 7.18% · 30 years
Loan amount
$201,680
Total interest
$290,170
Paid off in
November 2056
Includes $3,469 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,637 a month
Tight
$1,637 to $2,104 a month
Your payment · 32%
Hard
more than $2,104 a month
Compared with the typical household income in Geneseo ($70,147 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,366
Property tax
$305
Home insurance
$86
FHA mortgage insurance (MIP)
$91
You need at least $7,189 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 $1,847; principal and interest $1,366.
The city and its county
Geneseo and Henry County
Geneseo is in Henry 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).
Geneseo
Map of Henry County, Illinois, with Geneseo marked. Around it, the neighboring counties.
Geneseo
Henry County
Other cities with a page
Geneseo's own numbers
Typical home value
$205,400
Typical monthly rent
$1,015
Typical yearly household income
$70,147
Households that own their home
76%
Effective property tax rate
1.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Henry County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,056
Price change over 5 years (FHFA)
+40%
Homes in a high flood-risk zone
2.6%
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 Henry County.
A typical home in Geneseo is worth $205,400: 35% above the county and 22% below Illinois. With the typical household income in Geneseo ($70,147 a year), a typical home costs 2.9 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.
Geneseo2.9 years
Henry2.1 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Henry County
According to FHFA’s house price index, home prices in Henry County rose 54% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Henry County.
Yearly change in FHFA’s price index in Henry County, 2016 to 2025
2016: +4.0% +4.0% 2016
2017: +0.9% +0.9% 2017
2018: +1.1% +1.1% 2018
2019: +3.0% +3.0% 2019
2020: +0.9% +0.9% 2020
2021: +6.7% +6.7% 2021
2022: +11.7% +11.7% 2022
2023: +4.1% +4.1% 2023
2024: +6.9% +6.9% 2024
2025: +5.2% +5.2% 2025
Change in FHFA’s price index in Henry County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+5.2%
+5.7%
+2.9%
5 years (2020–2025)
+40%
+47%
+47%
10 years (2015–2025)
+54%
+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
Geneseo next to Henry 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
Geneseo$205,400
Henry$151,600
Illinois$263,300
United States$332,700
Typical monthly rent
Geneseo$1,015
Henry$842
Illinois$1,274
United States$1,413
Typical yearly household income
Geneseo$70,147
Henry$71,911
Illinois$83,390
United States$80,734
See the full table
Geneseo next to Henry County and Illinois
Measure
Geneseo
Henry County
Illinois
U.S.
Typical home value
$205,400 ▲35% above the county
$151,600
$263,300
$332,700
Typical monthly rent
$1,015 ▲21% above the county
$842
$1,274
$1,413
Typical yearly household income
$70,147 ▼2% below the county
$71,911
$83,390
$80,734
Households that own their home
76% ▼4 points below the county
80%
67%
65%
Typical yearly property tax
$3,659 ▲21% above the county
$3,016
$5,298
$3,119
Effective property tax rate
1.78% ▼0.21 points below the county
1.99%
2.01%
0.94%
Renters with high rent for their income
49% ▲9 points above the county
40%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Henry 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 Geneseo
For a typical $205,400 home in Geneseo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Geneseo's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,847a month
Least cash to close
Down payment
$7,189
Cash to close
$13,351
Rate
7.18%
Mortgage insurance
FHA MIP · $91
Conventional, 5% down$1,810a month
Down payment
$10,270
Cash to close
$16,432
Rate
7.18%
Mortgage insurance
PMI · $98
Conventional, 20% down, no PMI$1,503a month
Down payment
$41,080
Cash to close
$47,242
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,693a month
Down payment
$30,810
Cash to close
$36,972
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Geneseo
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,847
$7,189
$201,680
7.18%
FHA MIP · $91
$13,351
580
Conventional, 5% down
$1,810
$10,270
$195,130
7.18%
PMI · $98
$16,432
620*
Conventional, 20% down, no PMI
$1,503
$41,080
$164,320
7.18%
None
$47,242
620*
ITIN, 15% down (example)
$1,693
$30,810
$174,590
8.18%
None
$36,972
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 Geneseo is $1,015 a month: 21% above the county. In Geneseo, 49% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Henry County, by unit size. To pay the 2-bedroom one ($1,056 a month) without spending more than 30% of your income, you would need to earn $20.31 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 Henry County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$787
$15.13
$31,480
1 bedroom
$852
$16.38
$34,080
2 bedrooms
$1,056
$20.31
$42,240
3 bedrooms
$1,396
$26.85
$55,840
4 bedrooms
$1,697
$32.63
$67,880
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 Geneseo
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Geneseo is in ZIP code 61254.
For 2 bedrooms it is $1,050: $6 less than the fair market rent for Henry County ($1,056).
Fair market rent by ZIP code and size in Geneseo, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
61254
$780
$850
$1,050
$1,390
$1,690
ZIP code2 bd3 bd
61254 $1,050$1,390
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Geneseo 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)
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 Henry County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Geneseo or Henry County. The ones below are statewide in Illinois: they work in Geneseo 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).
No legal help resource on our list is for Geneseo or Henry 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 Geneseo and all of Henry 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 Geneseo?
The typical home value in Geneseo is $205,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Henry County it is $151,600.
How much does it cost to rent in Geneseo?
Typical rent in Geneseo is $1,015 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Henry County is $1,056.
What is the FHA loan limit in Geneseo?
Geneseo uses the FHA limit for all of Henry 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 Geneseo?
The typical homeowner in Geneseo pays $3,659 a year, according to the U.S. Census Bureau. That is 1.78% of the home’s value; in Henry County, the rate is 1.99%.
Where can I find free help to buy or rent in Geneseo?
We found no HUD-approved counseling agencies with an office in Henry County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
