Special Interest
Housing in Montgomery County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Montgomery County averages $723/month for a 2‑bedroom in 2024, compared to the Illinois median of $1,274 and the national median of $1,413. Local renters spend approximately 28% of household income on rent, below the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Montgomery County FMR Area are $740 for a studio, $761 for 1‑bedroom, $999 for 2‑bedroom, $1,198 for 3‑bedroom, and $1,372 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $276 increase for a 2-bedroom in Montgomery County shows a 38% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Montgomery County was 4.6% in 2024, compared to Illinois at 5.0% and the national rate of 4.0%.
