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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Gibson City, IL Housing Affordability Index

Gibson City, Illinois has an MBR Housing Affordability Index score of 93.5 (Near National Average) as of October 30, 2026, ranking 1169th most affordable of 1,249 scored Illinois cities, compared with 102.2 statewide and 97.4 nationally. On a median-priced $153,800 home with 20% down, the Illinois average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $845, or 24% of the city’s $42,955 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Gibson City is updated every night from live Illinois mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Gibson City MBR-HAI 93.5 Near National Average
Rank in Illinois 1,169 of 1,249 1 = most affordable
Illinois 102.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Illinois lenders
Median home value $153,800 U.S. Census Bureau

Gibson City is 8.7 points below the Illinois score. Scores as of October 30, 2026. See the Illinois index

View Gibson City Mortgage Rates

What It Takes to Buy in Gibson City

$845/mo
Principal & Interest
Median home, 20% down, 7.31%
$36,200
Income Needed
To keep the payment at 28% of income
$42,955
Median Household Income
Illinois: $83,390
3.6x
Price-to-Income Ratio
Illinois: 3.2x
$1,065/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$3,403/yr
Median Property Tax
2.21% of median value
23.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
62.8%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Gibson City, Illinois. The rate is the Illinois average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Gibson City Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Gibson City, Illinois score: 93.5 (Near National Average), ranked 1,169 of 1,249 Illinois cities. monitorbankrates.com/housing-affordability-index/illinois/gibson-city”