Housing market/Illinois/ZIP 60915

ACS 2023 · FY2027 SAFMR

ZIP 60915 Bradley, Illinois

Kankakee, 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
10,217
Households
4,147
Median HH income
$55,773
Renter share
37.0%
Median gross rent
$1,106
Vacancy
3.0%
Pop. change
+0.9%
2BR SAFMR
$1,370
SAFMR / rent
1.239×
2–49 unit stock
543
LIHTC proj / units
2 / 107
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 60915 · IL — sent to you.

ZIP 60915 · IL

ACS median rent$1,106
2BR SAFMR$1,370
90% floor$1,233
110% ceiling$1,507

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

Housing stock

ACS 2023 units-in-structure · ZCTA 60915

  • 1-unit detached3,59284.0%
  • 1-unit attached1202.8%
  • 2–4 units2766.5%
  • 5–49 units2676.2%
  • 50+ units190.4%
TypeUnitsShare
1-unit detached3,59284.0%
1-unit attached1202.8%
2 units (duplex)1904.4%
3–4 units862.0%
5–9 units2445.7%
10–19 units230.5%
20–49 units00.0%
50+ units190.4%
Mobile00.0%

2–4 unit share 6.5% · 5–49 unit share 6.2% · combined 2–49 12.7%.

Units by bedrooms

Studio
35
1BR
443
2BR
1,122
3BR
2,267
4BR
368
5+
39

Rent burden

Rent ≥30% of income45.0%
Rent ≥50% of income17.8%
  • ACS median gross rent $1,106 (all bedrooms, occupied rentals).
  • Median contract rent $925.
  • Renters paying ≥30% of income 45.0%; ≥50% 17.8%.
  • FY2027 2BR SAFMR $1,370 (1.239× ACS median gross rent).

Population

10,217 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.9%.

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

Assisted inventory

  • LIHTC: 2 projects, 107 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 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 60915 37.0% of occupied households are renters; vacancy is 3.0%; ACS median gross rent is $1,106; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 276 units in 2–4-unit structures and 267 units in 5–49-unit structures; 2 LIHTC projects totaling 107 units; FY2027 2BR SAFMR is $1,370 versus ACS median gross rent of $1,106. 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 60915 is a Census / HUD profile for Kankakee, 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 60915?

ZIP 60915 (Kankakee, IL MSA) has 10,217 residents, 4,147 households, a renter share of 37.0%, median household income of $55,773, and ACS 2023 median gross rent of $1,106. Vacancy is 3.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 60915?

ACS counts 190 units in 2-unit buildings, 86 in 3–4 unit buildings, 244 in 5–9, 23 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 543 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 60915?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,370. See the full schedule and 90–110% payment-standard band on the ZIP 60915 — Bradley, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 60915 is Census / HUD research for Kankakee, 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.