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Belle Prairie

Learn about the people, housing, costs and businesses in Belle Prairie, Illinois

Median Home$115,600
Median Rent$431/month
Population51
Leading IndustriesTransportation · Agriculture & Mining · Manufacturing7% transportation
Home Value Growth+9.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableAffordable Market$116k median home · lower cost than 86% of the country
Belle Prairie City
IL

Frequently Asked Questions

What are today's mortgage rates in Belle Prairie?

As of today, the 30-year fixed mortgage rate for Belle Prairie is approximately 6.994% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Belle Prairie?

The median home value in Belle Prairie is $116k. The median monthly rent is $431. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Belle Prairie?

Home values in Belle Prairie have increased 9.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Belle Prairie?

Based on a typical all-in ownership cost of $767/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Belle Prairie is $76k/year.

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What industries drive the economy in Belle Prairie?

The largest employment sectors in Belle Prairie are public administration (22%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.