Housing market/Illinois/ZIP 62914

ACS 2023 · FY2027 SAFMR

ZIP 62914 Cairo, Illinois

Cape Girardeau, MO-IL MSA · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,785
Households
663
Median HH income
$35,362
Renter share
33.6%
Median gross rent
$282
Vacancy
48.1%
Pop. change
-34.8%
2BR SAFMR
$960
SAFMR / rent
3.404×
2–49 unit stock
170
LIHTC proj / units
—
HUD assisted MF
2 / 36

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62914 · IL — sent to you.

ZIP 62914 · IL

ACS median rent$282
2BR SAFMR$960
90% floor$864
110% ceiling$1,056

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62914

  • 1-unit detached96775.7%
  • 1-unit attached40.3%
  • 2–4 units554.3%
  • 5–49 units1159.0%
  • 50+ units1108.6%
  • Mobile272.1%
TypeUnitsShare
1-unit detached96775.7%
1-unit attached40.3%
2 units (duplex)302.3%
3–4 units252.0%
5–9 units554.3%
10–19 units191.5%
20–49 units413.2%
50+ units1108.6%
Mobile272.1%

2–4 unit share 4.3% · 5–49 unit share 9.0% · combined 2–49 13.3%.

Units by bedrooms

Studio
146
1BR
69
2BR
406
3BR
557
4BR
84
5+
16

Rent burden

Rent ≥30% of income17.5%
Rent ≥50% of income2.7%
  • ACS median gross rent $282 (all bedrooms, occupied rentals).
  • Median contract rent $268.
  • Renters paying ≥30% of income 17.5%; ≥50% 2.7%.
  • FY2027 2BR SAFMR $960 (3.404× ACS median gross rent).

Population

1,785 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -34.8%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 2 properties, 36 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 62914 33.6% of occupied households are renters; vacancy is 48.1%; ACS median gross rent is $282; population changed -34.8% between the 2018 and 2023 ACS vintages; the housing stock includes 55 units in 2–4-unit structures and 115 units in 5–49-unit structures; FY2027 2BR SAFMR is $960 versus ACS median gross rent of $282. 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 62914 is a Census / HUD profile for Cape Girardeau, 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 62914?

ZIP 62914 (Cape Girardeau, MO-IL MSA) has 1,785 residents, 663 households, a renter share of 33.6%, median household income of $35,362, and ACS 2023 median gross rent of $282. Vacancy is 48.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62914?

ACS counts 30 units in 2-unit buildings, 25 in 3–4 unit buildings, 55 in 5–9, 19 in 10–19, and 41 in 20–49. Combined 2–49 unit stock is 170 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62914?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $960. See the full schedule and 90–110% payment-standard band on the ZIP 62914 — Cairo, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62914 is Census / HUD research for Cape Girardeau, MO-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.