In Romeoville, a typical home is worth $257,100 and typical rent is $1,886 a month. Compared with all of Will County, typical rent is 29% higher and the typical home value is 20% lower.
Typical home value from Zillow, September 2021 to September 2026: from $245,947 to $322,932.
Typical rent
$2,073a month
▲ 1.5% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,675 to $2,073.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Romeoville is in Will 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 Will County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Lemont, the typical rent is $1,209: 36% less than in Romeoville ($1,886).
2
The typical rent in Romeoville is $1,886 a month, 29% more than in Will County as a whole ($1,462).
3
The typical home in Romeoville is worth $257,100,20% less than in Will County as a whole ($319,600).
4
Romeoville has the 22nd largest share of rent-burdened renters of the 291 cities in Illinois with more than 5,000 people (62%).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Romeoville
What homes there are in Romeoville, 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
Romeoville
Will County
Illinois
United States
Kind of home: Romeoville and its comparisons
Measure
Romeoville
Will County
Illinois
United States
Detached house
69%
74%
58%
61%
Attached house
17%
11%
6%
6%
Building of 2 to 4
3%
5%
12%
8%
Apartments (5 or more)
12%
8%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Romeoville (69%), but less so than in Will County (74%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Romeoville
Will County
Illinois
United States
Year built: Romeoville and its comparisons
Measure
Romeoville
Will County
Illinois
United States
Before 1960
7%
15%
38%
26%
1960–1979
22%
22%
26%
24%
1980–1999
23%
30%
20%
25%
2000–2009
40%
26%
11%
14%
2010 or later
9%
8%
6%
11%
The typical home in Romeoville was built in 1999, 7 years after the typical one in Will County.
There are fewer big homes in Romeoville than in Will County: 70% have 3 bedrooms or more, against 75%.
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 $100K4%
$100K–$200K15%
$200K–$300K50%
$300K–$500K29%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Romeoville and its comparisons
Measure
Romeoville
Under $100K
4%
$100K–$200K
15%
$200K–$300K
50%
$300K–$500K
29%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
With an FHA limit of $541,287, at least 99% of owner-occupied homes in Romeoville sit below it: they are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49913%
$1,500–$1,99942%
$2,000–$2,49923%
$2,500–$2,99911%
$3,000 or moreUnreliable
Monthly rent with utilities: Romeoville and its comparisons
Measure
Romeoville
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
13%
$1,500–$1,999
42%
$2,000–$2,499
23%
$2,500–$2,999
11%
$3,000 or more
Unreliable estimate
With a mortgage
$1,934 a month
Will County: $2,255 a month
Without a mortgage
$861 a month
Will County: $971 a month
Owners with a mortgage
77%
Will County: 69%
The typical cost for an owner with a mortgage in Romeoville is $1,934 a month, less than in Will County ($2,255); without one, $861.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Romeoville+38%
Will County+38%
Illinois+35%
United States+53%
Typical rent
Romeoville+22%
Will County+24%
Illinois+26%
United States+33%
Typical household income
Romeoville+34%
Will County+27%
Illinois+27%
United States+29%
Change since 2015–2019: Romeoville and its comparisons
Measure
Romeoville
Will County
Illinois
United States
Typical home value
+38%
+38%
+35%
+53%
Typical rent
+22%
+24%
+26%
+33%
Typical household income
+34%
+27%
+27%
+29%
From 2015–2019 to 2020–2024, home values in Romeoville rose at about the same pace as in Will County: 38% against 38%.
The typical rent in Romeoville rose 22% since 2015–2019, about the same as in Will County (24%).
While home values in Romeoville changed +38% and rent +22%, the typical household income rose 34%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Romeoville and its comparisons
Measure
Romeoville
Will County
Illinois
United States
Rental vacancy
Unreliable estimate
3.7%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.5%
1.0%
0.9%
More than one person per room
3.4%
2.1%
2.5%
3.4%
People per household
3.05
2.84
2.46
2.53
Drive alone
73%
73%
66%
69%
Carpool
11%
8%
8%
9%
Public transit
2%
2%
6%
3%
Walk or bike
1%
1%
3%
3%
Work from home
12%
15%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
More than one person per room: that is how 3.4% of households in Romeoville live, more than in Will County (2.1%).
More people live in each home here: 3.05 on average, against 2.84 in Will County.
In Romeoville, 11% of workers share a car to get to work; in Will County, 8%.
Do the math
What would you pay each month for a home in Romeoville?
A typical home is within reach of the typical income
We start with a typical home in Romeoville, worth $257,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Romeoville, which is $106,325 a year.
The calculator's FHA and conventional loan limits are those of all of Will 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 Romeoville. 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 $8,999 (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
$2,452
at 7.18% · 30 years
Loan amount
$252,443
Total interest
$363,206
Paid off in
November 2056
Includes $4,342 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,481 a month
Your payment · 28%
Tight
$2,481 to $3,190 a month
Hard
more than $3,190 a month
Compared with the typical household income in Romeoville ($106,325 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,710
Property tax
$521
Home insurance
$107
FHA mortgage insurance (MIP)
$114
You need at least $8,999 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 $2,452; principal and interest $1,710.
The city and its county
Romeoville and Will County
Romeoville is in Will 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).
Romeoville
Map of Will County, Illinois, with Romeoville marked. Around it, the neighboring counties.
Romeoville
Will County
Other cities with a page
Romeoville's own numbers
Typical home value
$257,100
Typical monthly rent
$1,886
Typical yearly household income
$106,325
Households that own their home
81%
Effective property tax rate
2.43%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Will 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)
+53%
Homes in a high flood-risk zone
1.5%
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 Will County.
A typical home in Romeoville is worth $257,100: 20% below the county and 2% below Illinois. With the typical household income in Romeoville ($106,325 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.
Romeoville2.4 years
Will2.9 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Will County
According to FHFA’s house price index, home prices in Will County rose 79% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Will County.
Yearly change in FHFA’s price index in Will County, 2016 to 2025
2016: +3.5% +3.5% 2016
2017: +4.0% +4.0% 2017
2018: +4.1% +4.1% 2018
2019: +3.1% +3.1% 2019
2020: +1.3% +1.3% 2020
2021: +9.9% +9.9% 2021
2022: +14.1% +14.1% 2022
2023: +8.8% +8.8% 2023
2024: +7.0% +7.0% 2024
2025: +4.6% +4.6% 2025
Change in FHFA’s price index in Will County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+4.6%
+5.7%
+2.9%
5 years (2020–2025)
+53%
+47%
+47%
10 years (2015–2025)
+79%
+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
Romeoville next to Will 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
Romeoville$257,100
Will$319,600
Illinois$263,300
United States$332,700
Typical monthly rent
Romeoville$1,886
Will$1,462
Illinois$1,274
United States$1,413
Typical yearly household income
Romeoville$106,325
Will$109,984
Illinois$83,390
United States$80,734
See the full table
Romeoville next to Will County and Illinois
Measure
Romeoville
Will County
Illinois
U.S.
Typical home value
$257,100 ▼20% below the county
$319,600
$263,300
$332,700
Typical monthly rent
$1,886 ▲29% above the county
$1,462
$1,274
$1,413
Typical yearly household income
$106,325 ▼3% below the county
$109,984
$83,390
$80,734
Households that own their home
81% ▼2 points below the county
83%
67%
65%
Typical yearly property tax
$6,235 ▼13% below the county
$7,173
$5,298
$3,119
Effective property tax rate
2.43% ▲0.19 points above the county
2.24%
2.01%
0.94%
Renters with high rent for their income
62% ▲10 points above the county
51%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Will 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 Romeoville
For a typical $257,100 home in Romeoville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Romeoville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,452a month
Least cash to close
Down payment
$8,999
Cash to close
$16,712
Rate
7.18%
Mortgage insurance
FHA MIP · $114
Conventional, 5% down$2,404a month
Down payment
$12,855
Cash to close
$20,568
Rate
7.18%
Mortgage insurance
PMI · $122
Conventional, 20% down, no PMI$2,021a month
Down payment
$51,420
Cash to close
$59,133
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,259a month
Down payment
$38,565
Cash to close
$46,278
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Romeoville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,452
$8,999
$252,443
7.18%
FHA MIP · $114
$16,712
580
Conventional, 5% down
$2,404
$12,855
$244,245
7.18%
PMI · $122
$20,568
620*
Conventional, 20% down, no PMI
$2,021
$51,420
$205,680
7.18%
None
$59,133
620*
ITIN, 15% down (example)
$2,259
$38,565
$218,535
8.18%
None
$46,278
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 Romeoville is $1,886 a month: 29% above the county. In Romeoville, 62% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Will 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 Will 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 Romeoville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Romeoville is in ZIP code 60446.
For 2 bedrooms it is $2,570: $559 more than the fair market rent for Will County ($2,011).
Fair market rent by ZIP code and size in Romeoville, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
60446
$2,140
$2,270
$2,570
$3,300
$3,770
ZIP code2 bd3 bd
60446 $2,570$3,300
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Romeoville 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 is 1 HUD-approved agency with an office in Will County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Romeoville or Will County. The ones below are statewide in Illinois: they work in Romeoville 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 Romeoville or Will 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 Romeoville and all of Will 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 Romeoville?
The typical home value in Romeoville is $257,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Will County it is $319,600.
How much does it cost to rent in Romeoville?
Typical rent in Romeoville is $1,886 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Will County is $2,011.
What is the FHA loan limit in Romeoville?
Romeoville uses the FHA limit for all of Will 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 Romeoville?
The typical homeowner in Romeoville pays $6,235 a year, according to the U.S. Census Bureau. That is 2.43% of the home’s value; in Will County, the rate is 2.24%.
Where can I find free help to buy or rent in Romeoville?
There is 1 HUD-approved counseling agency with an office in Will County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
