Housing market/Illinois/ZIP 61614
ZIP 61614 Peoria, Illinois
Peoria, IL MSA · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 61614 · IL — sent to you.
ZIP 61614 · IL
ACS rent vs 2BR SAFMR
ZIP 61614 — Peoria, IL HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 61614
- 1-unit detached8,20359.1%
- 1-unit attached5063.6%
- 2–4 units5544.0%
- 5–49 units3,73526.9%
- 50+ units8456.1%
- Mobile270.2%
2–4 unit share 4.0% · 5–49 unit share 26.9% · combined 2–49 30.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $948 (all bedrooms, occupied rentals).
- Median contract rent $792.
- Renters paying ≥30% of income 44.3%; ≥50% 26.0%.
- FY2027 2BR SAFMR $1,200 (1.266× ACS median gross rent).
Population
28,142 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +0.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 103 units.
- HUD project-based assisted MF: 3 properties, 145 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 61614 34.8% of occupied households are renters; vacancy is 6.0%; ACS median gross rent is $948; population increased +0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 554 units in 2–4-unit structures and 3,735 units in 5–49-unit structures; 1 LIHTC projects totaling 103 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $948. 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 61614 is a Census / HUD profile for Peoria, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 61614 — Peoria, IL HUD Section 8 Payment Standards / SAFMR·Illinois ZIP directory
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 61614?
ZIP 61614 (Peoria, IL MSA) has 28,142 residents, 13,044 households, a renter share of 34.8%, median household income of $68,379, and ACS 2023 median gross rent of $948. Vacancy is 6.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 61614?
ACS counts 206 units in 2-unit buildings, 348 in 3–4 unit buildings, 1,379 in 5–9, 1,546 in 10–19, and 810 in 20–49. Combined 2–49 unit stock is 4,289 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 61614?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 61614 — Peoria, IL HUD Section 8 Payment Standards / SAFMR.
Does this Illinois ZIP profile include Georgia listings?
No. ZIP 61614 is Census / HUD research for Peoria, IL MSA. 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.