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Housing market/Illinois/ZIP 61802

ACS 2023 · FY2027 SAFMR

ZIP 61802 Urbana, Illinois

Champaign-Urbana, IL HUD Metro FMR Area · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
19,502
Households
9,228
Median HH income
$58,588
Renter share
44.3%
Median gross rent
$996
Vacancy
8.3%
Pop. change
+0.8%
2BR SAFMR
$1,140
SAFMR / rent
1.145×
2–49 unit stock
2,698
LIHTC proj / units
5 / 320
HUD assisted MF
5 / 181

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 61802 · IL — sent to you.

ZIP 61802 · IL

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ACS rent vs 2BR SAFMR

ZIP 61802 — Urbana, IL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$996
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

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

Housing stock

ACS 2023 units-in-structure · ZCTA 61802

  • 1-unit detached4,88948.6%
  • 1-unit attached7317.3%
  • 2–4 units7417.4%
  • 5–49 units1,95719.4%
  • 50+ units4804.8%
  • Mobile1,26812.6%
TypeUnitsShare
1-unit detached4,88948.6%
1-unit attached7317.3%
2 units (duplex)2642.6%
3–4 units4774.7%
5–9 units6696.6%
10–19 units8848.8%
20–49 units4044.0%
50+ units4804.8%
Mobile1,26812.6%

2–4 unit share 7.4% · 5–49 unit share 19.4% · combined 2–49 26.8%.

Units by bedrooms

Studio
114
1BR
1,126
2BR
3,470
3BR
4,028
4BR
1,125
5+
203

Rent burden

Rent ≥30% of income49.2%
Rent ≥50% of income20.9%
  • ACS median gross rent $996 (all bedrooms, occupied rentals).
  • Median contract rent $836.
  • Renters paying ≥30% of income 49.2%; ≥50% 20.9%.
  • FY2027 2BR SAFMR $1,140 (1.145× ACS median gross rent).

Population

19,502 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.8%.

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

Assisted inventory

  • LIHTC: 5 projects, 320 units.
  • HUD project-based assisted MF: 5 properties, 181 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 577 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 61802 44.3% of occupied households are renters; vacancy is 8.3%; ACS median gross rent is $996; population increased +0.8% between the 2018 and 2023 ACS vintages; the housing stock includes 741 units in 2–4-unit structures and 1,957 units in 5–49-unit structures; 5 LIHTC projects totaling 320 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $996. 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 61802 is a Census / HUD profile for Champaign-Urbana, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 61802 — Urbana, IL HUD Section 8 Payment Standards / SAFMR·Illinois ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
61801Champaign-Urbana, IL HUD Metro FMR Area69.5%$950$1,14061803Champaign-Urbana, IL HUD Metro FMR Area——$1,17061813Champaign-Urbana, IL HUD Metro FMR Area18.5%$686$1,01061815Champaign-Urbana, IL HUD Metro FMR Area30.0%$1,070$1,23061820Champaign-Urbana, IL HUD Metro FMR Area80.0%$1,077$1,35061821Champaign-Urbana, IL HUD Metro FMR Area38.1%$1,001$1,18061822Champaign-Urbana, IL HUD Metro FMR Area31.7%$1,265$1,48061824Champaign-Urbana, IL HUD Metro FMR Area——$1,17061825Champaign-Urbana, IL HUD Metro FMR Area——$1,17061826Champaign-Urbana, IL HUD Metro FMR Area——$1,17061843Champaign-Urbana, IL HUD Metro FMR Area10.7%$850$1,18061847Champaign-Urbana, IL HUD Metro FMR Area11.9%$883$1,010

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 61802?

ZIP 61802 (Champaign-Urbana, IL HUD Metro FMR Area) has 19,502 residents, 9,228 households, a renter share of 44.3%, median household income of $58,588, and ACS 2023 median gross rent of $996. Vacancy is 8.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61802?

ACS counts 264 units in 2-unit buildings, 477 in 3–4 unit buildings, 669 in 5–9, 884 in 10–19, and 404 in 20–49. Combined 2–49 unit stock is 2,698 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 61802?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 61802 — Urbana, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61802 is Census / HUD research for Champaign-Urbana, IL HUD Metro FMR Area. 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.