Housing market/Illinois/ZIP 62232

ACS 2023 · FY2027 SAFMR

ZIP 62232 Caseyville, Illinois

St. Louis, MO-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
7,480
Households
2,818
Median HH income
$64,268
Renter share
24.7%
Median gross rent
$1,077
Vacancy
8.6%
Pop. change
+11.6%
2BR SAFMR
$1,280
SAFMR / rent
1.188×
2–49 unit stock
179
LIHTC proj / units
2 / 138
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62232 · IL — sent to you.

ZIP 62232 · IL

ACS median rent$1,077
2BR SAFMR$1,280
90% floor$1,152
110% ceiling$1,408

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62232

  • 1-unit detached2,40878.1%
  • 1-unit attached110.4%
  • 2–4 units672.2%
  • 5–49 units1123.6%
  • 50+ units361.2%
  • Mobile44814.5%
TypeUnitsShare
1-unit detached2,40878.1%
1-unit attached110.4%
2 units (duplex)270.9%
3–4 units401.3%
5–9 units1123.6%
10–19 units00.0%
20–49 units00.0%
50+ units361.2%
Mobile44814.5%

2–4 unit share 2.2% · 5–49 unit share 3.6% · combined 2–49 5.8%.

Units by bedrooms

Studio
10
1BR
115
2BR
1,121
3BR
1,114
4BR
537
5+
185

Rent burden

Rent ≥30% of income30.1%
Rent ≥50% of income13.0%
  • ACS median gross rent $1,077 (all bedrooms, occupied rentals).
  • Median contract rent $817.
  • Renters paying ≥30% of income 30.1%; ≥50% 13.0%.
  • FY2027 2BR SAFMR $1,280 (1.188× ACS median gross rent).

Population

7,480 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.6%.

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

Assisted inventory

  • LIHTC: 2 projects, 138 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 57 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 62232 24.7% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $1,077; population increased +11.6% between the 2018 and 2023 ACS vintages; the housing stock includes 67 units in 2–4-unit structures and 112 units in 5–49-unit structures; 2 LIHTC projects totaling 138 units; FY2027 2BR SAFMR is $1,280 versus ACS median gross rent of $1,077. 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 62232 is a Census / HUD profile for St. Louis, MO-IL, 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 62232?

ZIP 62232 (St. Louis, MO-IL HUD Metro FMR Area) has 7,480 residents, 2,818 households, a renter share of 24.7%, median household income of $64,268, and ACS 2023 median gross rent of $1,077. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62232?

ACS counts 27 units in 2-unit buildings, 40 in 3–4 unit buildings, 112 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 179 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62232?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,280. See the full schedule and 90–110% payment-standard band on the ZIP 62232 — Caseyville, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62232 is Census / HUD research for St. Louis, MO-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.