In Paris, a typical home is worth $75,700 and typical rent is $777 a month. Compared with all of Edgar County, the typical home value is 22% lower, typical household income is 10% lower, and the share of households that own their home is 8 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $116,258 to $110,614.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Paris is in Edgar 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 Edgar County. See the county
What this place has that others do not, from public data, most unusual first.
1
Paris has the 4th lowest typical home value of the 336 cities in Illinois with more than 5,000 people ($75,700).
2
According to Zillow, in the 12 months to September 2026 the typical home value in Paris rose 0.8%; in Illinois, it rose 5.3%.
3
Paris has the 25th lowest typical rent of the 331 cities in Illinois with more than 5,000 people ($777).
4
65% of households in Paris own their home, against 73% in Edgar County.
5
Paris has the 32nd lowest typical household income of the 337 cities in Illinois with more than 5,000 people ($53,927).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Paris
What homes there are in Paris, 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
Paris
Edgar County
Illinois
United States
Kind of home: Paris and its comparisons
Measure
Paris
Edgar County
Illinois
United States
Detached house
69%
79%
58%
61%
Attached house
Unreliable estimate
Unreliable estimate
6%
6%
Building of 2 to 4
10%
6%
12%
8%
Apartments (5 or more)
Unreliable estimate
Unreliable estimate
22%
19%
Mobile home
11%
9%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Paris (69%), but less so than in Edgar County (79%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Paris
Edgar County
Illinois
United States
Year built: Paris and its comparisons
Measure
Paris
Edgar County
Illinois
United States
Before 1960
46%
46%
38%
26%
1960–1979
32%
30%
26%
24%
1980–1999
14%
15%
20%
25%
2000–2009
Unreliable estimate
6%
11%
14%
2010 or later
Unreliable estimate
4%
6%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K68%
$100K–$200K18%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Paris and its comparisons
Measure
Paris
Under $100K
68%
$100K–$200K
18%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99975%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Paris and its comparisons
Measure
Paris
Under $500
Unreliable estimate
$500–$999
75%
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$910 a month
Edgar County: $1,087 a month
Without a mortgage
$490 a month
Edgar County: $500 a month
Owners with a mortgage
46%
Edgar County: 45%
Owning costs less in Paris: with a mortgage, the typical cost is $910 a month; in Edgar County, $1,087. Without one, $490.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
ParisNo clear change
Edgar County+18%
Illinois+35%
United States+53%
Typical rent
Paris+27%
Edgar County+27%
Illinois+26%
United States+33%
Typical household income
Paris+22%
Edgar CountyNo clear change
Illinois+27%
United States+29%
Change since 2015–2019: Paris and its comparisons
Measure
Paris
Edgar County
Illinois
United States
Typical home value
No clear change
+18%
+35%
+53%
Typical rent
+27%
+27%
+26%
+33%
Typical household income
+22%
No clear change
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Paris did not change clearly: the difference is within the Census margin of error.
The typical rent in Paris rose 27% since 2015–2019, about the same as in Edgar County (27%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Paris and its comparisons
Measure
Paris
Edgar 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
2.05
2.13
2.46
2.53
Drive alone
85%
85%
66%
69%
Carpool
Unreliable estimate
6%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
Unreliable estimate
Unreliable estimate
3%
3%
Work from home
Unreliable estimate
4%
16%
15%
Other means
Unreliable estimate
Unreliable estimate
1%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
A household in Paris has 2.05 people on average, about the same as in Edgar County (2.13).
To get to work, 85% of workers in Paris drive alone; in Edgar County, 85%.
Do the math
What would you pay each month for a home in Paris?
A typical home is within reach of the typical income
We start with a typical home in Paris, worth $75,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 15% of the typical household income in Paris, which is $53,927 a year.
The calculator's FHA and conventional loan limits are those of all of Edgar 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 Paris. 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 $2,650 (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
$682
at 7.18% · 30 years
Loan amount
$74,328
Total interest
$106,941
Paid off in
November 2056
Includes $1,278 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,258 a month
Your payment · 15%
Tight
$1,258 to $1,618 a month
Hard
more than $1,618 a month
Compared with the typical household income in Paris ($53,927 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$504
Property tax
$114
Home insurance
$32
FHA mortgage insurance (MIP)
$33
You need at least $2,650 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 $682; principal and interest $504.
The city and its county
Paris and Edgar County
Paris is in Edgar 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).
Paris
Map of Edgar County, Illinois, with Paris marked. Around it, the neighboring counties.
Paris
Edgar County
Other cities with a page
Paris's own numbers
Typical home value
$75,700
Typical monthly rent
$777
Typical yearly household income
$53,927
Households that own their home
65%
Effective property tax rate
1.8%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Edgar County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$930
Price change over 5 years (FHFA)
+30%
Homes in a high flood-risk zone
0.5%
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 Edgar County.
A typical home in Paris is worth $75,700: 22% below the county and 71% below Illinois. With the typical household income in Paris ($53,927 a year), a typical home costs 1.4 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.
Paris1.4 years
Edgar1.6 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Edgar County
According to FHFA’s house price index, home prices in Edgar County rose 41% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Edgar County.
Yearly change in FHFA’s price index in Edgar County, 2016 to 2025
2016: +0.6% +0.6% 2016
2017: −1.9% −1.9% 2017
2018: +1.3% +1.3% 2018
2019: +6.2% +6.2% 2019
2020: +2.4% +2.4% 2020
2021: +6.2% +6.2% 2021
2022: +10.7% +10.7% 2022
2023: +1.0% +1.0% 2023
2024: +12.7% +12.7% 2024
2025: −2.8% −2.8% 2025
Change in FHFA’s price index in Edgar County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
−2.8%
+5.7%
+2.9%
5 years (2020–2025)
+30%
+47%
+47%
10 years (2015–2025)
+41%
+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
Paris next to Edgar 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
Paris$75,700
Edgar$97,300
Illinois$263,300
United States$332,700
Typical monthly rent
Paris$777
Edgar$775
Illinois$1,274
United States$1,413
Typical yearly household income
Paris$53,927
Edgar$59,941
Illinois$83,390
United States$80,734
See the full table
Paris next to Edgar County and Illinois
Measure
Paris
Edgar County
Illinois
U.S.
Typical home value
$75,700 ▼22% below the county
$97,300
$263,300
$332,700
Typical monthly rent
$777
$775
$1,274
$1,413
Typical yearly household income
$53,927 ▼10% below the county
$59,941
$83,390
$80,734
Households that own their home
65% ▼8 points below the county
73%
67%
65%
Typical yearly property tax
$1,366 ▼3% below the county
$1,409
$5,298
$3,119
Effective property tax rate
1.8% ▲0.35 points above the county
1.45%
2.01%
0.94%
Renters with high rent for their income
36% ▲3 points above the county
34%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Edgar 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 Paris
For a typical $75,700 home in Paris, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Paris's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$682a month
Least cash to close
Down payment
$2,650
Cash to close
$4,921
Rate
7.18%
Mortgage insurance
FHA MIP · $33
Conventional, 5% down$668a month
Down payment
$3,785
Cash to close
$6,056
Rate
7.18%
Mortgage insurance
PMI · $36
Conventional, 20% down, no PMI$555a month
Down payment
$15,140
Cash to close
$17,411
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$625a month
Down payment
$11,355
Cash to close
$13,626
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Paris
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$682
$2,650
$74,329
7.18%
FHA MIP · $33
$4,921
580
Conventional, 5% down
$668
$3,785
$71,915
7.18%
PMI · $36
$6,056
620*
Conventional, 20% down, no PMI
$555
$15,140
$60,560
7.18%
None
$17,411
620*
ITIN, 15% down (example)
$625
$11,355
$64,345
8.18%
None
$13,626
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 Paris is $777 a month: about the same as the county. In Paris, 36% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Edgar County, by unit size. To pay the 2-bedroom one ($930 a month) without spending more than 30% of your income, you would need to earn $17.88 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 Edgar County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$648
$12.46
$25,920
1 bedroom
$757
$14.56
$30,280
2 bedrooms
$930
$17.88
$37,200
3 bedrooms
$1,232
$23.69
$49,280
4 bedrooms
$1,440
$27.69
$57,600
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 Paris
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Paris is in ZIP code 61944.
For 2 bedrooms it is $930: the same as the fair market rent for Edgar County.
Fair market rent by ZIP code and size in Paris, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
61944
$650
$760
$930
$1,230
$1,440
ZIP code2 bd3 bd
61944 $930$1,230
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Paris 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 3 buildings with rents for lower incomes in Paris. These are the largest.
Highland Manor-Elderly602 E Highland Dr, Paris 61944200 low-income homes · Run by Housing Authority of Edgar County · Average payment: $394 a month · Average wait: 6 months(217) 465-8458
Greentrees Retirement Villa211 Ann St, Paris 6194434 low-income homes · For older adults(217) 824-9738
Candlewood Manor Apts311 W Wood St, Paris 6194424 low-income homes · 1 bd: 24 · In service since 1995 · 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.
There is 1 HUD-approved agency with an office in Edgar County; none says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Paris or Edgar County. The ones below are statewide in Illinois: they work in Paris 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 Paris or Edgar 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 Paris and all of Edgar 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 Paris?
The typical home value in Paris is $75,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Edgar County it is $97,300.
How much does it cost to rent in Paris?
Typical rent in Paris is $777 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Edgar County is $930.
What is the FHA loan limit in Paris?
Paris uses the FHA limit for all of Edgar 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 Paris?
The typical homeowner in Paris pays $1,366 a year, according to the U.S. Census Bureau. That is 1.8% of the home’s value; in Edgar County, the rate is 1.45%.
Where can I find free help to buy or rent in Paris?
There is 1 HUD-approved counseling agency with an office in Edgar County. They can help you get ready to buy, with your credit, or with rent.
