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Rentchler

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

Median Home$352,400
Population48
Leading IndustriesPublic Administration · Construction · Agriculture & Mining35% public administration
Home Value Growth⬆⬆+18.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners94% of occupied units
NotableVeteran Community20% of residents · top 1% nationally
NotableHigh Incomes$163k/year · top 3% nationally
Rentchler
IL

Frequently Asked Questions

What are today's mortgage rates in Rentchler?

As of today, the 30-year fixed mortgage rate for Rentchler 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 Rentchler?

The median home value in Rentchler is $352k. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rentchler?

Home values in Rentchler have increased 18.5% over the past two years. This indicates a strong appreciation trend. 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 Rentchler?

Based on a typical all-in ownership cost of $1,982/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $85k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rentchler is $163k/year.

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What industries drive the economy in Rentchler?

The largest employment sectors in Rentchler are public administration (35%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.