In Gilberts, a typical home is worth $347,300 and typical rent is $1,901 a month. Compared with all of Kane County, typical household income is 42% higher, typical rent is 31% higher, and the share of households that own their home is 19 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $316,597 to $418,350.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Gilberts is in Kane 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 Kane County. See the county
What this place has that others do not, from public data, most unusual first.
1
Gilberts has the 13th highest homeownership rate of the 337 cities in Illinois with more than 5,000 people (95%).
2
The typical household income in Gilberts is $146,333,42% more than in Kane County as a whole ($103,163).
3
Nearby, in Carpentersville, the typical home value is $234,100: 33% less than in Gilberts ($347,300).
4
The typical rent in Gilberts is $1,901 a month, 31% more than in Kane County as a whole ($1,453).
5
Nearby, in Carpentersville, the typical rent is $1,414: 26% less than in Gilberts ($1,901).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Gilberts
What homes there are in Gilberts, 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
Gilberts
Kane County
Illinois
United States
Kind of home: Gilberts and its comparisons
Measure
Gilberts
Kane County
Illinois
United States
Detached house
75%
69%
58%
61%
Attached house
25%
12%
6%
6%
Building of 2 to 4
Unreliable estimate
7%
12%
8%
Apartments (5 or more)
Unreliable estimate
12%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 75% of homes here, against 69% in Kane County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Gilberts
Kane County
Illinois
United States
Year built: Gilberts and its comparisons
Measure
Gilberts
Kane County
Illinois
United States
Before 1960
Unreliable estimate
24%
38%
26%
1960–1979
Unreliable estimate
21%
26%
24%
1980–1999
Unreliable estimate
25%
20%
25%
2000–2009
50%
21%
11%
14%
2010 or later
24%
8%
6%
11%
Here half of the homes date from 2005 or later; in Kane County, from 1985 or later.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K33%
$300K–$500K54%
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Gilberts and its comparisons
Measure
Gilberts
Under $100K
Unreliable
$100K–$200K
Unreliable estimate
$200K–$300K
33%
$300K–$500K
54%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Gilberts and its comparisons
Measure
Gilberts
Under $500
Unreliable estimate
$500–$999
Unreliable
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$2,459 a month
Kane County: $2,256 a month
Without a mortgage
$1,068 a month
Kane County: $958 a month
Owners with a mortgage
78%
Kane County: 67%
Owning costs more in Gilberts: with a mortgage, the typical cost is $2,459 a month; in Kane County, $2,256. Without one, $1,068.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Gilberts+33%
Kane County+37%
Illinois+35%
United States+53%
Typical rent
GilbertsUnreliable
Kane County+27%
Illinois+26%
United States+33%
Typical household income
Gilberts+51%
Kane County+30%
Illinois+27%
United States+29%
Change since 2015–2019: Gilberts and its comparisons
Measure
Gilberts
Kane County
Illinois
United States
Typical home value
+33%
+37%
+35%
+53%
Typical rent
Unreliable estimate
+27%
+26%
+33%
Typical household income
+51%
+30%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Gilberts rose 33%; in Kane County, it rose 37%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Gilberts and its comparisons
Measure
Gilberts
Kane County
Illinois
United States
Rental vacancy
Unreliable estimate
3.1%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.7%
1.0%
0.9%
More than one person per room
Unreliable estimate
3.0%
2.5%
3.4%
People per household
3.06
2.77
2.46
2.53
Drive alone
73%
71%
66%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
2%
6%
3%
Walk or bike
Unreliable estimate
1%
3%
3%
Work from home
21%
16%
16%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Gilberts are bigger: 3.06 people on average; in Kane County, 2.77.
In Gilberts, 21% of workers work from home, more than in Kane County (16%).
Do the math
What would you pay each month for a home in Gilberts?
A typical home is within reach of the typical income
We start with a typical home in Gilberts, worth $347,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Gilberts, which is $146,333 a year.
The calculator's FHA and conventional loan limits are those of all of Kane 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 Gilberts. 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 $12,156 (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
$3,315
at 7.18% · 30 years
Loan amount
$341,009
Total interest
$490,632
Paid off in
November 2056
Includes $5,865 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,414 a month
Your payment · 27%
Tight
$3,414 to $4,390 a month
Hard
more than $4,390 a month
Compared with the typical household income in Gilberts ($146,333 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,310
Property tax
$706
Home insurance
$145
FHA mortgage insurance (MIP)
$154
You need at least $12,156 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 $3,315; principal and interest $2,310.
The city and its county
Gilberts and Kane County
Gilberts is in Kane 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).
Gilberts
Map of Kane County, Illinois, with Gilberts marked. Around it, the neighboring counties.
Gilberts
Kane County
Other cities with a page
Gilberts's own numbers
Typical home value
$347,300
Typical monthly rent
$1,901
Typical yearly household income
$146,333
Households that own their home
95%
Effective property tax rate
2.44%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Kane County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+56%
Homes in a high flood-risk zone
1%
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 Kane County.
A typical home in Gilberts is worth $347,300: 6% above the county and 32% above Illinois. With the typical household income in Gilberts ($146,333 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.
Gilberts2.4 years
Kane3.2 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Kane County
According to FHFA’s house price index, home prices in Kane County rose 82% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Kane County.
Yearly change in FHFA’s price index in Kane County, 2016 to 2025
2016: +4.1% +4.1% 2016
2017: +4.0% +4.0% 2017
2018: +3.5% +3.5% 2018
2019: +2.9% +2.9% 2019
2020: +1.1% +1.1% 2020
2021: +9.6% +9.6% 2021
2022: +14.7% +14.7% 2022
2023: +9.3% +9.3% 2023
2024: +7.1% +7.1% 2024
2025: +5.8% +5.8% 2025
Change in FHFA’s price index in Kane County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+5.8%
+5.7%
+2.9%
5 years (2020–2025)
+56%
+47%
+47%
10 years (2015–2025)
+82%
+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
Gilberts next to Kane 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
Gilberts$347,300
Kane$327,000
Illinois$263,300
United States$332,700
Typical monthly rent
Gilberts$1,901
Kane$1,453
Illinois$1,274
United States$1,413
Typical yearly household income
Gilberts$146,333
Kane$103,163
Illinois$83,390
United States$80,734
See the full table
Gilberts next to Kane County and Illinois
Measure
Gilberts
Kane County
Illinois
U.S.
Typical home value
$347,300 ▲6% above the county
$327,000
$263,300
$332,700
Typical monthly rent
$1,901 ▲31% above the county
$1,453
$1,274
$1,413
Typical yearly household income
$146,333 ▲42% above the county
$103,163
$83,390
$80,734
Households that own their home
95% ▲19 points above the county
76%
67%
65%
Typical yearly property tax
$8,462 ▲15% above the county
$7,382
$5,298
$3,119
Effective property tax rate
2.44% ▲0.18 points above the county
2.26%
2.01%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Kane 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 Gilberts
For a typical $347,300 home in Gilberts, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Gilberts's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,315a month
Least cash to close
Down payment
$12,156
Cash to close
$22,575
Rate
7.18%
Mortgage insurance
FHA MIP · $154
Conventional, 5% down$3,251a month
Down payment
$17,365
Cash to close
$27,784
Rate
7.18%
Mortgage insurance
PMI · $165
Conventional, 20% down, no PMI$2,733a month
Down payment
$69,460
Cash to close
$79,879
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,054a month
Down payment
$52,095
Cash to close
$62,514
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Gilberts
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,315
$12,156
$341,010
7.18%
FHA MIP · $154
$22,575
580
Conventional, 5% down
$3,251
$17,365
$329,935
7.18%
PMI · $165
$27,784
620*
Conventional, 20% down, no PMI
$2,733
$69,460
$277,840
7.18%
None
$79,879
620*
ITIN, 15% down (example)
$3,054
$52,095
$295,205
8.18%
None
$62,514
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 Gilberts is $1,901 a month: 31% above the county.
HUD publishes a fair market rent for all of Kane County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 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 Kane County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,678
$32.27
$67,120
1 bedroom
$1,780
$34.23
$71,200
2 bedrooms
$2,011
$38.67
$80,440
3 bedrooms
$2,586
$49.73
$103,440
4 bedrooms
$2,954
$56.81
$118,160
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 Gilberts
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Gilberts has 2 ZIP codes with their own.
For 2 bedrooms it runs from $2,090 in 60118 to $2,650 in 60136.
2 of the 2 are above the fair market rent for Kane County ($2,011).
Fair market rent by ZIP code and size in Gilberts, fiscal year 2027.
60118
$1,740
$1,850
$2,090
$2,690
$3,070
60136
$2,210
$2,350
$2,650
$3,410
$3,890
ZIP code2 bd3 bd
60118 $2,090$2,690
60136 $2,650$3,410
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Gilberts 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.
There are 2 HUD-approved agencies with an office in Kane County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Gilberts or Kane County. The ones below are statewide in Illinois: they work in Gilberts 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 Gilberts or Kane 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 Gilberts and all of Kane 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 Gilberts?
The typical home value in Gilberts is $347,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Kane County it is $327,000.
How much does it cost to rent in Gilberts?
Typical rent in Gilberts is $1,901 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Kane County is $2,011.
What is the FHA loan limit in Gilberts?
Gilberts uses the FHA limit for all of Kane 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 Gilberts?
The typical homeowner in Gilberts pays $8,462 a year, according to the U.S. Census Bureau. That is 2.44% of the home’s value; in Kane County, the rate is 2.26%.
Where can I find free help to buy or rent in Gilberts?
There are 2 HUD-approved counseling agencies with an office in Kane County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
