Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Clayton

Learn about the people, housing, costs and businesses in Clayton, Illinois

Median Home$136,700
Median Rent$685/month
Population666
Leading IndustriesTransportation · Construction · Finance & Insurance11% transportation
Home Value Growth-5.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableAffordable Market$137k median home · lower cost than 79% of the country
Clayton
IL

Frequently Asked Questions

What are today's mortgage rates in Clayton?

As of today, the 30-year fixed mortgage rate for Clayton 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.

View current rates for Clayton
What is the median home price in Clayton?

The median home value in Clayton is $137k. The median monthly rent is $685. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clayton?

Home values in Clayton have decreased 5.6% over the past two years. Buyers may find more negotiating room in this market. 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 Clayton?

Based on a typical all-in ownership cost of $706/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clayton is $66k/year.

Calculate your buying power
What industries drive the economy in Clayton?

The largest employment sectors in Clayton are public administration (16%) and transportation (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.