Housing market/Illinois/ZIP 60436

ACS 2023 · FY2027 SAFMR

ZIP 60436 Joliet, Illinois

Chicago-Joliet-Naperville, 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
19,446
Households
6,565
Median HH income
$63,570
Renter share
42.8%
Median gross rent
$1,242
Vacancy
8.0%
Pop. change
+2.6%
2BR SAFMR
$1,860
SAFMR / rent
1.498×
2–49 unit stock
1,442
LIHTC proj / units
2 / 208
HUD assisted MF
5 / 212

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 60436 · IL — sent to you.

ZIP 60436 · IL

ACS median rent$1,242
2BR SAFMR$1,860
90% floor$1,674
110% ceiling$2,046

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

Housing stock

ACS 2023 units-in-structure · ZCTA 60436

  • 1-unit detached5,02270.4%
  • 1-unit attached2974.2%
  • 2–4 units79311.1%
  • 5–49 units6499.1%
  • 50+ units2293.2%
  • Mobile1462.0%
TypeUnitsShare
1-unit detached5,02270.4%
1-unit attached2974.2%
2 units (duplex)3795.3%
3–4 units4145.8%
5–9 units1632.3%
10–19 units3034.2%
20–49 units1832.6%
50+ units2293.2%
Mobile1462.0%

2–4 unit share 11.1% · 5–49 unit share 9.1% · combined 2–49 20.2%.

Units by bedrooms

Studio
68
1BR
679
2BR
2,550
3BR
2,971
4BR
775
5+
93

Rent burden

Rent ≥30% of income50.6%
Rent ≥50% of income22.5%
  • ACS median gross rent $1,242 (all bedrooms, occupied rentals).
  • Median contract rent $1,016.
  • Renters paying ≥30% of income 50.6%; ≥50% 22.5%.
  • FY2027 2BR SAFMR $1,860 (1.498× ACS median gross rent).

Population

19,446 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.6%.

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

Assisted inventory

  • LIHTC: 2 projects, 208 units.
  • HUD project-based assisted MF: 5 properties, 212 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 180 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 60436 42.8% of occupied households are renters; vacancy is 8.0%; ACS median gross rent is $1,242; population increased +2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 793 units in 2–4-unit structures and 649 units in 5–49-unit structures; 2 LIHTC projects totaling 208 units; FY2027 2BR SAFMR is $1,860 versus ACS median gross rent of $1,242. 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 60436 is a Census / HUD profile for Chicago-Joliet-Naperville, 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 60436?

ZIP 60436 (Chicago-Joliet-Naperville, IL HUD Metro FMR Area) has 19,446 residents, 6,565 households, a renter share of 42.8%, median household income of $63,570, and ACS 2023 median gross rent of $1,242. Vacancy is 8.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 60436?

ACS counts 379 units in 2-unit buildings, 414 in 3–4 unit buildings, 163 in 5–9, 303 in 10–19, and 183 in 20–49. Combined 2–49 unit stock is 1,442 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 60436?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,860. See the full schedule and 90–110% payment-standard band on the ZIP 60436 — Joliet, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 60436 is Census / HUD research for Chicago-Joliet-Naperville, 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.