Housing market/Illinois/ZIP 61061

ACS 2023 · FY2027 SAFMR

ZIP 61061 Oregon, Ogle County, Illinois

Ogle County, IL · Illinois. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,802
Households
3,036
Median HH income
$86,663
Renter share
25.8%
Median gross rent
$814
Vacancy
11.9%
Pop. change
+6.6%
2BR SAFMR
$1,010
SAFMR / rent
1.241×
2–49 unit stock
543
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 61061 · IL — sent to you.

ZIP 61061 · IL

ACS median rent$814
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 61061

  • 1-unit detached2,87083.3%
  • 1-unit attached260.8%
  • 2–4 units1985.7%
  • 5–49 units34510.0%
  • 50+ units60.2%
TypeUnitsShare
1-unit detached2,87083.3%
1-unit attached260.8%
2 units (duplex)1384.0%
3–4 units601.7%
5–9 units842.4%
10–19 units1524.4%
20–49 units1093.2%
50+ units60.2%
Mobile00.0%

2–4 unit share 5.7% · 5–49 unit share 10.0% · combined 2–49 15.8%.

Units by bedrooms

Studio
18
1BR
392
2BR
620
3BR
1,731
4BR
468
5+
216

Rent burden

Rent ≥30% of income28.6%
Rent ≥50% of income13.4%
  • ACS median gross rent $814 (all bedrooms, occupied rentals).
  • Median contract rent $698.
  • Renters paying ≥30% of income 28.6%; ≥50% 13.4%.
  • FY2027 2BR SAFMR $1,010 (1.241× ACS median gross rent).

Population

6,802 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.6%.

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: 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 61061 25.8% of occupied households are renters; vacancy is 11.9%; ACS median gross rent is $814; population increased +6.6% between the 2018 and 2023 ACS vintages; the housing stock includes 198 units in 2–4-unit structures and 345 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $814. 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 61061 is a Census / HUD profile for Ogle County, 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 61061?

ZIP 61061 (Ogle County, IL) has 6,802 residents, 3,036 households, a renter share of 25.8%, median household income of $86,663, and ACS 2023 median gross rent of $814. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61061?

ACS counts 138 units in 2-unit buildings, 60 in 3–4 unit buildings, 84 in 5–9, 152 in 10–19, and 109 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 61061?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 61061 — Oregon, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61061 is Census / HUD research for Ogle County, IL. 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.