Housing market/Illinois/ZIP 61520

ACS 2023 · FY2027 SAFMR

ZIP 61520 Canton, Fulton County, Illinois

Fulton County, IL · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,098
Households
6,496
Median HH income
$56,618
Renter share
27.0%
Median gross rent
$814
Vacancy
11.0%
Pop. change
-4.2%
2BR SAFMR
$940
SAFMR / rent
1.155×
2–49 unit stock
763
LIHTC proj / units
3 / 72
HUD assisted MF
3 / 82

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 61520 · IL — sent to you.

ZIP 61520 · IL

ACS median rent$814
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 61520

  • 1-unit detached6,08483.3%
  • 1-unit attached1582.2%
  • 2–4 units3625.0%
  • 5–49 units4015.5%
  • 50+ units1662.3%
  • Mobile1301.8%
TypeUnitsShare
1-unit detached6,08483.3%
1-unit attached1582.2%
2 units (duplex)1842.5%
3–4 units1782.4%
5–9 units2293.1%
10–19 units480.7%
20–49 units1241.7%
50+ units1662.3%
Mobile1301.8%

2–4 unit share 5.0% · 5–49 unit share 5.5% · combined 2–49 10.5%.

Units by bedrooms

Studio
138
1BR
616
2BR
2,513
3BR
2,982
4BR
947
5+
105

Rent burden

Rent ≥30% of income42.0%
Rent ≥50% of income13.1%
  • ACS median gross rent $814 (all bedrooms, occupied rentals).
  • Median contract rent $581.
  • Renters paying ≥30% of income 42.0%; ≥50% 13.1%.
  • FY2027 2BR SAFMR $940 (1.155× ACS median gross rent).

Population

16,098 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 72 units.
  • HUD project-based assisted MF: 3 properties, 82 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 61520 27.0% of occupied households are renters; vacancy is 11.0%; ACS median gross rent is $814; population changed -4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 362 units in 2–4-unit structures and 401 units in 5–49-unit structures; 3 LIHTC projects totaling 72 units; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $814. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Illinois research

ZIP 61520 is a Census / HUD profile for Fulton County, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Illinois research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 61520?

ZIP 61520 (Fulton County, IL) has 16,098 residents, 6,496 households, a renter share of 27.0%, median household income of $56,618, and ACS 2023 median gross rent of $814. Vacancy is 11.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61520?

ACS counts 184 units in 2-unit buildings, 178 in 3–4 unit buildings, 229 in 5–9, 48 in 10–19, and 124 in 20–49. Combined 2–49 unit stock is 763 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 61520?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 61520 — Canton, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61520 is Census / HUD research for Fulton County, IL. Jeff Crowe CRE does not list Illinois property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.