Safe Rate Local
Learn about the people, housing, costs and businesses in Garrett, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Garrett.
True all-in cost — P&I, taxes, insurance & utilities for homes in Garrett.
Find and compare lenders active near Garrett.
FEMA flood zones and flood insurance estimates for Garrett.
Seismic risk and earthquake insurance estimates for Garrett.
Wildfire exposure and insurance estimates for Garrett.
As of today, the 30-year fixed mortgage rate for Garrett 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 GarrettThe median home value in Garrett is $179k. The median monthly rent is $833. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Garrett have increased 0.3% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $881/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garrett is $72k/year.
Calculate your buying powerThe largest employment sectors in Garrett are retail (38%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.