In Quincy, a typical home is worth $153,200 and typical rent is $837 a month. Compared with all of Adams County, typical household income is 15% lower, the typical home value is 6% lower, and the share of households that own their home is 9 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $157,164 to $181,195.
Typical rent
$1,059a month
▲ 7.8% more than 12 months ago
Typical rent from Zillow, June 2024 to September 2026: from $888 to $1,059.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Quincy is in Adams 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 Adams County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Beardstown, the typical home value is $82,100: 46% less than in Quincy ($153,200).
2
Nearby, in Jacksonville, the typical rent is $711: 15% less than in Quincy ($837).
3
64% of households in Quincy own their home, against 72% in Adams County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Quincy
What homes there are in Quincy, 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
Quincy
Adams County
Illinois
United States
Kind of home: Quincy and its comparisons
Measure
Quincy
Adams County
Illinois
United States
Detached house
70%
76%
58%
61%
Attached house
5%
4%
6%
6%
Building of 2 to 4
10%
7%
12%
8%
Apartments (5 or more)
13%
8%
22%
19%
Mobile home
2%
5%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Quincy, but it weighs less than in Adams County: 70% against 76%.
Year built
Before 19601960–19791980–19992000–20092010 or later
Quincy
Adams County
Illinois
United States
Year built: Quincy and its comparisons
Measure
Quincy
Adams County
Illinois
United States
Before 1960
51%
44%
38%
26%
1960–1979
26%
27%
26%
24%
1980–1999
12%
17%
20%
25%
2000–2009
6%
7%
11%
14%
2010 or later
5%
5%
6%
11%
In Quincy, half of the homes were built before 1959; in Adams County, before 1965.
There are fewer big homes in Quincy than in Adams County: 51% have 3 bedrooms or more, against 60%.
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 $100K24%
$100K–$200K48%
$200K–$300K17%
$300K–$500K10%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Quincy and its comparisons
Measure
Quincy
Under $100K
24%
$100K–$200K
48%
$200K–$300K
17%
$300K–$500K
10%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
At least 98% of owner-occupied homes in Quincy are worth less than $500,000, below the FHA loan limit for Adams County ($541,287).
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50014%
$500–$99956%
$1,000–$1,49923%
HUD fair market rent, 2 bedrooms: $1,013
$1,500–$1,9996%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Quincy and its comparisons
Measure
Quincy
Under $500
14%
$500–$999
56%
$1,000–$1,499
23%
$1,500–$1,999
6%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
By rent, most homes in Quincy cost less than HUD's 2-bedroom fair market rent ($1,013): about 71%.
With a mortgage
$1,197 a month
Adams County: $1,279 a month
Without a mortgage
$548 a month
Adams County: $558 a month
Owners with a mortgage
55%
Adams County: 55%
The typical cost for an owner with a mortgage in Quincy is $1,197 a month, less than in Adams County ($1,279); without one, $548.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Quincy+32%
Adams County+27%
Illinois+35%
United States+53%
Typical rent
Quincy+18%
Adams County+16%
Illinois+26%
United States+33%
Typical household income
Quincy+22%
Adams County+25%
Illinois+27%
United States+29%
Change since 2015–2019: Quincy and its comparisons
Measure
Quincy
Adams County
Illinois
United States
Typical home value
+32%
+27%
+35%
+53%
Typical rent
+18%
+16%
+26%
+33%
Typical household income
+22%
+25%
+27%
+29%
Since 2015–2019, homes in Quincy gained value faster than in Adams County: 32% against 27%.
Rents in Quincy rose at about the same pace as in Adams County: 18% since 2015–2019, against 16%.
The typical household income in Quincy rose 22% over that time; home values changed +32% and rent +18%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Quincy and its comparisons
Measure
Quincy
Adams County
Illinois
United States
Rental vacancy
4.5%
4.3%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.0%
0.9%
More than one person per room
Unreliable estimate
1.3%
2.5%
3.4%
People per household
2.13
2.25
2.46
2.53
Drive alone
77%
80%
66%
69%
Carpool
9%
8%
8%
9%
Public transit
Unreliable estimate
Unreliable estimate
6%
3%
Walk or bike
4%
3%
3%
3%
Work from home
8%
8%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
In Quincy, the rental vacancy rate is 4.5%, about the same as in Adams County.
Fewer people live in each home here: 2.13 on average, against 2.25 in Adams County.
The car rules in Quincy: 77% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.
Do the math
What would you pay each month for a home in Quincy?
A typical home is tight for the typical income
We start with a typical home in Quincy, worth $153,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 29% of the typical household income in Quincy, which is $56,480 a year. For that payment to be 28% of income, a household would need to earn about $58,231 a year.
The calculator's FHA and conventional loan limits are those of all of Adams 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 Quincy. 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 $5,362 (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
$1,359
at 7.18% · 30 years
Loan amount
$150,425
Total interest
$216,427
Paid off in
November 2056
Includes $2,587 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,318 a month
Tight
$1,318 to $1,694 a month
Your payment · 29%
Hard
more than $1,694 a month
Compared with the typical household income in Quincy ($56,480 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,019
Property tax
$208
Home insurance
$64
FHA mortgage insurance (MIP)
$68
You need at least $5,362 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 $1,359; principal and interest $1,019.
The city and its county
Quincy and Adams County
Quincy is in Adams 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).
Quincy
Map of Adams County, Illinois, with Quincy marked. Around it, the neighboring counties.
Quincy
Adams County
Quincy's own numbers
Typical home value
$153,200
Typical monthly rent
$837
Typical yearly household income
$56,480
Households that own their home
64%
Effective property tax rate
1.63%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Adams County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,013
Price change over 5 years (FHFA)
+43%
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 Adams County.
A typical home in Quincy is worth $153,200: 6% below the county and 42% below Illinois. With the typical household income in Quincy ($56,480 a year), a typical home costs 2.7 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.
Quincy2.7 years
Adams2.5 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Adams County
According to FHFA’s house price index, home prices in Adams County rose 55% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Adams County.
Yearly change in FHFA’s price index in Adams County, 2016 to 2025
2016: +1.0% +1.0% 2016
2017: +2.1% +2.1% 2017
2018: +1.3% +1.3% 2018
2019: +1.5% +1.5% 2019
2020: +2.6% +2.6% 2020
2021: +6.7% +6.7% 2021
2022: +13.5% +13.5% 2022
2023: +6.0% +6.0% 2023
2024: +2.8% +2.8% 2024
2025: +8.1% +8.1% 2025
Change in FHFA’s price index in Adams County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+8.1%
+5.7%
+2.9%
5 years (2020–2025)
+43%
+47%
+47%
10 years (2015–2025)
+55%
+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
Quincy next to Adams 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
Quincy$153,200
Adams$162,600
Illinois$263,300
United States$332,700
Typical monthly rent
Quincy$837
Adams$828
Illinois$1,274
United States$1,413
Typical yearly household income
Quincy$56,480
Adams$66,220
Illinois$83,390
United States$80,734
See the full table
Quincy next to Adams County and Illinois
Measure
Quincy
Adams County
Illinois
U.S.
Typical home value
$153,200 ▼6% below the county
$162,600
$263,300
$332,700
Typical monthly rent
$837
$828
$1,274
$1,413
Typical yearly household income
$56,480 ▼15% below the county
$66,220
$83,390
$80,734
Households that own their home
64% ▼9 points below the county
72%
67%
65%
Typical yearly property tax
$2,491 ▼3% below the county
$2,573
$5,298
$3,119
Effective property tax rate
1.63% ▲0.05 points above the county
1.58%
2.01%
0.94%
Renters with high rent for their income
42% ▲2 points above the county
41%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Adams 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 Quincy
For a typical $153,200 home in Quincy, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Quincy's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,359a month
Least cash to close
Down payment
$5,362
Cash to close
$9,958
Rate
7.18%
Mortgage insurance
FHA MIP · $68
Conventional, 5% down$1,331a month
Down payment
$7,660
Cash to close
$12,256
Rate
7.18%
Mortgage insurance
PMI · $73
Conventional, 20% down, no PMI$1,102a month
Down payment
$30,640
Cash to close
$35,236
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,244a month
Down payment
$22,980
Cash to close
$27,576
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Quincy
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,359
$5,362
$150,425
7.18%
FHA MIP · $68
$9,958
580
Conventional, 5% down
$1,331
$7,660
$145,540
7.18%
PMI · $73
$12,256
620*
Conventional, 20% down, no PMI
$1,102
$30,640
$122,560
7.18%
None
$35,236
620*
ITIN, 15% down (example)
$1,244
$22,980
$130,220
8.18%
None
$27,576
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 Quincy is $837 a month: about the same as the county. In Quincy, 42% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Adams County, by unit size. To pay the 2-bedroom one ($1,013 a month) without spending more than 30% of your income, you would need to earn $19.48 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 Adams County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$705
$13.56
$28,200
1 bedroom
$774
$14.88
$30,960
2 bedrooms
$1,013
$19.48
$40,520
3 bedrooms
$1,246
$23.96
$49,840
4 bedrooms
$1,476
$28.38
$59,040
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 Quincy
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Quincy has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,060 in 62301 to $1,100 in 62305.
2 of the 2 are above the fair market rent for Adams County ($1,013).
Fair market rent by ZIP code and size in Quincy, fiscal year 2027.
62301
$740
$810
$1,060
$1,300
$1,540
62305
$770
$840
$1,100
$1,350
$1,600
ZIP code2 bd3 bd
62301 $1,060$1,300
62305 $1,100$1,350
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Quincy 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 13 buildings with rents for lower incomes in Quincy. These are the largest.
Indian Hills Apts608 Harrison Dr, Quincy 62301200 low-income homes · Run by Quincy Housing Authority · Average payment: $382 a month · Average wait: 6 months(217) 222-0720
Lampe High Rise Apts527 Broadway St, Quincy 62301155 homes, 150 low-income · Run by Quincy Housing Authority · Average payment: $354 a month · Average wait: 2 months · Homes at several sites(217) 222-0720
Lincoln/Douglas Cardinal Apartments101 N 4th St, Quincy 62301133 low-income homes · For families(217) 224-3355
Country Club HGTS. Apts.742 Country Club Hts, Quincy 62301200 homes, 80 low-income · For families(217) 224-7070
Cedar Creek Crossing2320 N 12th St, Quincy 6230580 low-income homes · 2 bd: 60 · 3 bd: 20 · In service since 2002 · For people with disabilities, 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 Adams 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 Quincy or Adams County. The ones below are statewide in Illinois: they work in Quincy 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 Quincy or Adams 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 Quincy and all of Adams 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 Quincy?
The typical home value in Quincy is $153,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Adams County it is $162,600.
How much does it cost to rent in Quincy?
Typical rent in Quincy is $837 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Adams County is $1,013.
What is the FHA loan limit in Quincy?
Quincy uses the FHA limit for all of Adams 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 Quincy?
The typical homeowner in Quincy pays $2,491 a year, according to the U.S. Census Bureau. That is 1.63% of the home’s value; in Adams County, the rate is 1.58%.
Where can I find free help to buy or rent in Quincy?
We found no HUD-approved counseling agencies with an office in Adams County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
