Housing market/Illinois/ZIP 61853
ZIP 61853 Mahomet, 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.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 61853 · IL — sent to you.
ZIP 61853 · IL
ACS rent vs 2BR SAFMR
ZIP 61853 — Mahomet, 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 61853
- 1-unit detached4,09876.8%
- 1-unit attached2264.2%
- 2–4 units2384.5%
- 5–49 units3957.4%
- 50+ units470.9%
- Mobile3346.3%
2–4 unit share 4.5% · 5–49 unit share 7.4% · combined 2–49 11.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,226 (all bedrooms, occupied rentals).
- Median contract rent $1,010.
- Renters paying ≥30% of income 46.8%; ≥50% 24.0%.
- FY2027 2BR SAFMR $1,480 (1.207× ACS median gross rent).
Population
14,645 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +4.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 56 units.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 579 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 61853 16.2% of occupied households are renters; vacancy is 6.2%; ACS median gross rent is $1,226; population increased +4.8% between the 2018 and 2023 ACS vintages; the housing stock includes 238 units in 2–4-unit structures and 395 units in 5–49-unit structures; 2 LIHTC projects totaling 56 units; FY2027 2BR SAFMR is $1,480 versus ACS median gross rent of $1,226. 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 61853 is a Census / HUD profile for Champaign-Urbana, IL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 61853 — Mahomet, 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 61853?
ZIP 61853 (Champaign-Urbana, IL HUD Metro FMR Area) has 14,645 residents, 5,008 households, a renter share of 16.2%, median household income of $114,974, and ACS 2023 median gross rent of $1,226. Vacancy is 6.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 61853?
ACS counts 46 units in 2-unit buildings, 192 in 3–4 unit buildings, 129 in 5–9, 151 in 10–19, and 115 in 20–49. Combined 2–49 unit stock is 633 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 61853?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,480. See the full schedule and 90–110% payment-standard band on the ZIP 61853 — Mahomet, IL HUD Section 8 Payment Standards / SAFMR.
Does this Illinois ZIP profile include Georgia listings?
No. ZIP 61853 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.