In Lincoln, a typical home is worth $124,300 and typical rent is $828 a month. Compared with all of Logan County, typical household income is 14% lower, the typical home value is 8% lower, and the share of households that own their home is 12 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $110,530 to $137,263.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lincoln is in Logan 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 Logan County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Decatur, the typical home value is $99,600: 20% less than in Lincoln ($124,300).
2
According to Zillow, in the 12 months to September 2026 the typical home value in Lincoln rose 8.9%; in Illinois, it rose 5.3%.
3
57% of households in Lincoln own their home, against 68% in Logan County.
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Lincoln
What homes there are in Lincoln, 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
Lincoln
Logan County
Illinois
United States
Kind of home: Lincoln and its comparisons
Measure
Lincoln
Logan County
Illinois
United States
Detached house
71%
81%
58%
61%
Attached house
Unreliable estimate
2%
6%
6%
Building of 2 to 4
8%
6%
12%
8%
Apartments (5 or more)
15%
8%
22%
19%
Mobile home
5%
3%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Lincoln, 7 in 10 homes are single-family detached houses; in Logan County, 8.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Lincoln
Logan County
Illinois
United States
Year built: Lincoln and its comparisons
Measure
Lincoln
Logan County
Illinois
United States
Before 1960
37%
44%
38%
26%
1960–1979
41%
34%
26%
24%
1980–1999
16%
15%
20%
25%
2000–2009
5%
5%
11%
14%
2010 or later
Unreliable estimate
2%
6%
11%
The typical year built in Lincoln is 1967, about the same as in Logan County (1964).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K37%
$100K–$200K51%
$200K–$300K9%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Lincoln and its comparisons
Measure
Lincoln
Under $100K
37%
$100K–$200K
51%
$200K–$300K
9%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50014%
$500–$99966%
HUD fair market rent, 2 bedrooms: $962
$1,000–$1,49914%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lincoln and its comparisons
Measure
Lincoln
Under $500
14%
$500–$999
66%
$1,000–$1,499
14%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
About 75% of rented homes in Lincoln cost less than HUD's 2-bedroom fair market rent for Logan County ($962).
With a mortgage
$1,152 a month
Logan County: $1,227 a month
Without a mortgage
$626 a month
Logan County: $618 a month
Owners with a mortgage
63%
Logan County: 59%
Owning costs less in Lincoln: with a mortgage, the typical cost is $1,152 a month; in Logan County, $1,227. Without one, $626.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lincoln+41%
Logan County+30%
Illinois+35%
United States+53%
Typical rent
Lincoln+20%
Logan County+20%
Illinois+26%
United States+33%
Typical household income
Lincoln+17%
Logan County+16%
Illinois+27%
United States+29%
Change since 2015–2019: Lincoln and its comparisons
Measure
Lincoln
Logan County
Illinois
United States
Typical home value
+41%
+30%
+35%
+53%
Typical rent
+20%
+20%
+26%
+33%
Typical household income
+17%
+16%
+27%
+29%
The typical home value in Lincoln rose 41% since 2015–2019, more than in Logan County (30%).
The typical rent in Lincoln rose 20% since 2015–2019, about the same as in Logan County (20%).
The typical household income in Lincoln rose 17% over that time; home values changed +41% and rent +20%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lincoln and its comparisons
Measure
Lincoln
Logan 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
2.01
2.16
2.46
2.53
Drive alone
79%
79%
66%
69%
Carpool
8%
7%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
3%
3%
3%
3%
Work from home
7%
9%
16%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Fewer people live in each home here: 2.01 on average, against 2.16 in Logan County.
To get to work, 79% of workers in Lincoln drive alone; in Logan County, 79%.
Do the math
What would you pay each month for a home in Lincoln?
A typical home is within reach of the typical income
We start with a typical home in Lincoln, worth $124,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 23% of the typical household income in Lincoln, which is $57,340 a year.
The calculator's FHA and conventional loan limits are those of all of Logan 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 Lincoln. 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 $4,351 (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
$1,118
at 7.18% · 30 years
Loan amount
$122,048
Total interest
$175,599
Paid off in
November 2056
Includes $2,099 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,338 a month
Your payment · 23%
Tight
$1,338 to $1,720 a month
Hard
more than $1,720 a month
Compared with the typical household income in Lincoln ($57,340 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$827
Property tax
$184
Home insurance
$52
FHA mortgage insurance (MIP)
$55
You need at least $4,351 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 $1,118; principal and interest $827.
The city and its county
Lincoln and Logan County
Lincoln is in Logan 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).
Lincoln
Map of Logan County, Illinois, with Lincoln marked. Around it, the neighboring counties.
Lincoln
Logan County
Other cities with a page
Lincoln's own numbers
Typical home value
$124,300
Typical monthly rent
$828
Typical yearly household income
$57,340
Households that own their home
57%
Effective property tax rate
1.78%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Logan County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$962
Price change over 5 years (FHFA)
+40%
Homes in a high flood-risk zone
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 Logan County.
A typical home in Lincoln is worth $124,300: 8% below the county and 53% below Illinois. With the typical household income in Lincoln ($57,340 a year), a typical home costs 2.2 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.
Lincoln2.2 years
Logan2.0 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Logan County
According to FHFA’s house price index, home prices in Logan County rose 47% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Logan County.
Yearly change in FHFA’s price index in Logan County, 2016 to 2025
2016: −1.0% −1.0% 2016
2017: +1.4% +1.4% 2017
2018: +0.7% +0.7% 2018
2019: +1.9% +1.9% 2019
2020: +1.9% +1.9% 2020
2021: +6.5% +6.5% 2021
2022: +10.5% +10.5% 2022
2023: +3.4% +3.4% 2023
2024: +6.9% +6.9% 2024
2025: +7.9% +7.9% 2025
Change in FHFA’s price index in Logan County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+7.9%
+5.7%
+2.9%
5 years (2020–2025)
+40%
+47%
+47%
10 years (2015–2025)
+47%
+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
Lincoln next to Logan 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
Lincoln$124,300
Logan$134,400
Illinois$263,300
United States$332,700
Typical monthly rent
Lincoln$828
Logan$829
Illinois$1,274
United States$1,413
Typical yearly household income
Lincoln$57,340
Logan$66,358
Illinois$83,390
United States$80,734
See the full table
Lincoln next to Logan County and Illinois
Measure
Lincoln
Logan County
Illinois
U.S.
Typical home value
$124,300 ▼8% below the county
$134,400
$263,300
$332,700
Typical monthly rent
$828
$829
$1,274
$1,413
Typical yearly household income
$57,340 ▼14% below the county
$66,358
$83,390
$80,734
Households that own their home
57% ▼12 points below the county
68%
67%
65%
Typical yearly property tax
$2,209 ▼7% below the county
$2,385
$5,298
$3,119
Effective property tax rate
1.78% ▲0.01 points above the county
1.77%
2.01%
0.94%
Renters with high rent for their income
51% ▲4 points above 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 Logan 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 Lincoln
For a typical $124,300 home in Lincoln, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lincoln's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,118a month
Least cash to close
Down payment
$4,351
Cash to close
$8,080
Rate
7.18%
Mortgage insurance
FHA MIP · $55
Conventional, 5% down$1,095a month
Down payment
$6,215
Cash to close
$9,944
Rate
7.18%
Mortgage insurance
PMI · $59
Conventional, 20% down, no PMI$910a month
Down payment
$24,860
Cash to close
$28,589
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,025a month
Down payment
$18,645
Cash to close
$22,374
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lincoln
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,118
$4,351
$122,049
7.18%
FHA MIP · $55
$8,080
580
Conventional, 5% down
$1,095
$6,215
$118,085
7.18%
PMI · $59
$9,944
620*
Conventional, 20% down, no PMI
$910
$24,860
$99,440
7.18%
None
$28,589
620*
ITIN, 15% down (example)
$1,025
$18,645
$105,655
8.18%
None
$22,374
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 Lincoln is $828 a month: about the same as the county. In Lincoln, 51% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Logan County, by unit size. To pay the 2-bedroom one ($962 a month) without spending more than 30% of your income, you would need to earn $18.50 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 Logan County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$670
$12.88
$26,800
1 bedroom
$757
$14.56
$30,280
2 bedrooms
$962
$18.50
$38,480
3 bedrooms
$1,146
$22.04
$45,840
4 bedrooms
$1,264
$24.31
$50,560
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 Lincoln
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lincoln is in ZIP code 62656.
For 2 bedrooms it is $960: $2 less than the fair market rent for Logan County ($962).
Fair market rent by ZIP code and size in Lincoln, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
62656
$670
$760
$960
$1,140
$1,260
ZIP code2 bd3 bd
62656 $960$1,140
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lincoln 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 5 buildings with rents for lower incomes in Lincoln. These are the largest.
Centennial Court1028 N College St, Lincoln 62656193 low-income homes · Run by Logan County Housing Authority · Average payment: $358 a month · Average wait: 6 months(217) 732-7776
Friendship Manor925 Primm Rd, Lincoln 62656124 low-income homes · For older adults(217) 732-9647
Brainard Landings Apts Phase II1103 N State St, Lincoln 6265646 low-income homes · 1 bd: 16 · 2 bd: 22 · 3 bd: 8 · In service since 2007 · For families
Leonard Estates501 College Ave, Lincoln 6265624 low-income homes · For older adults(309) 383-3050
Lincoln Northside Apts2305 Railsplitter Ave, Lincoln 6265616 low-income homes · 1 bd: 6 · 2 bd: 8 · 3 bd: 2 · In service since 1996 · For families
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 Logan 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 Lincoln or Logan County. The ones below are statewide in Illinois: they work in Lincoln 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 Lincoln or Logan 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 Lincoln and all of Logan 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 Lincoln?
The typical home value in Lincoln is $124,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Logan County it is $134,400.
How much does it cost to rent in Lincoln?
Typical rent in Lincoln is $828 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Logan County is $962.
What is the FHA loan limit in Lincoln?
Lincoln uses the FHA limit for all of Logan 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 Lincoln?
The typical homeowner in Lincoln pays $2,209 a year, according to the U.S. Census Bureau. That is 1.78% of the home’s value; in Logan County, the rate is 1.77%.
Where can I find free help to buy or rent in Lincoln?
We found no HUD-approved counseling agencies with an office in Logan County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
