Rent is lower than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $47,640 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 89 of 334 cities from cheapest to most expensive.
How much do households earn in Carterville?
Share of households by yearly income. 21.8% of households earn $100,000 or more.
Rent by apartment size in Carterville
| Size | Carterville | U.S. average |
|---|---|---|
| 2 bedrooms | $920 | $1,509 |
| 3 bedrooms | $1,297 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Carterville overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Carterville, so the Illinois figure is shown.
Taxes and bills in Carterville
Life in Carterville
Is it cheaper to rent or buy in Carterville?
Renting is cheaper right now: about $177 a month less.
Owning assumes a typical $197,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,710 for the down payment.
Frequently asked questions
What is the average rent in Carterville, IL?
Renting in Carterville costs a median of about $1,191 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Carterville?
To keep rent under 30% of income, you need about $47,640 a year, or $23 an hour at a full-time job.
Is Carterville cheap or expensive?
Carterville is rated OK: rent takes 21.3% of the typical household income of $67,230. It ranks 89th cheapest of 334 Illinois cities we track.
How much are property taxes in Carterville?
The median homeowner in Carterville pays $4,042 a year in property taxes, about 2.05% of the median home value.
Is Carterville more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Carterville?
The median home value in Carterville is $197,100, about 2.9 times the typical yearly household income.
5,818 people live in Carterville. Numbers are typical (middle) values.