Housing market/Illinois/ZIP 61873

ACS 2023 · FY2027 SAFMR

ZIP 61873 Saint Joseph, 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
5,803
Households
2,209
Median HH income
$112,755
Renter share
14.2%
Median gross rent
$942
Vacancy
3.9%
Pop. change
-11.0%
2BR SAFMR
$1,020
SAFMR / rent
1.083×
2–49 unit stock
90
LIHTC proj / units
1 / 24
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 61873 · IL — sent to you.

ZIP 61873 · IL

ACS median rent$942
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

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

Housing stock

ACS 2023 units-in-structure · ZCTA 61873

  • 1-unit detached2,11391.9%
  • 1-unit attached602.6%
  • 2–4 units823.6%
  • 5–49 units80.3%
  • Mobile351.5%
TypeUnitsShare
1-unit detached2,11391.9%
1-unit attached602.6%
2 units (duplex)391.7%
3–4 units431.9%
5–9 units00.0%
10–19 units80.3%
20–49 units00.0%
50+ units00.0%
Mobile351.5%

2–4 unit share 3.6% · 5–49 unit share 0.3% · combined 2–49 3.9%.

Units by bedrooms

Studio
8
1BR
20
2BR
208
3BR
1,177
4BR
530
5+
355

Rent burden

Rent ≥30% of income27.4%
Rent ≥50% of income6.0%
  • ACS median gross rent $942 (all bedrooms, occupied rentals).
  • Median contract rent $791.
  • Renters paying ≥30% of income 27.4%; ≥50% 6.0%.
  • FY2027 2BR SAFMR $1,020 (1.083× ACS median gross rent).

Population

5,803 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.0%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 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 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 61873 14.2% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $942; population changed -11.0% between the 2018 and 2023 ACS vintages; the housing stock includes 82 units in 2–4-unit structures and 8 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $942. 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 61873 is a Census / HUD profile for Champaign-Urbana, 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 61873?

ZIP 61873 (Champaign-Urbana, IL HUD Metro FMR Area) has 5,803 residents, 2,209 households, a renter share of 14.2%, median household income of $112,755, and ACS 2023 median gross rent of $942. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61873?

ACS counts 39 units in 2-unit buildings, 43 in 3–4 unit buildings, 0 in 5–9, 8 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 90 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 61873?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 61873 — Saint Joseph, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61873 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.