Housing market/Illinois/ZIP 61354

ACS 2023 · FY2027 SAFMR

ZIP 61354 Peru, Putnam County, Illinois

Putnam 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
10,366
Households
4,578
Median HH income
$69,382
Renter share
24.7%
Median gross rent
$877
Vacancy
10.4%
Pop. change
-2.1%
2BR SAFMR
$980
SAFMR / rent
1.117×
2–49 unit stock
630
LIHTC proj / units
4 / 66
HUD assisted MF
1 / 16

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 61354 · IL — sent to you.

ZIP 61354 · IL

ACS median rent$877
2BR SAFMR$980
90% floor$882
110% ceiling$1,078

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

Housing stock

ACS 2023 units-in-structure · ZCTA 61354

  • 1-unit detached4,29984.1%
  • 1-unit attached721.4%
  • 2–4 units3857.5%
  • 5–49 units2454.8%
  • 50+ units861.7%
  • Mobile240.5%
TypeUnitsShare
1-unit detached4,29984.1%
1-unit attached721.4%
2 units (duplex)1733.4%
3–4 units2124.1%
5–9 units1042.0%
10–19 units741.4%
20–49 units671.3%
50+ units861.7%
Mobile240.5%

2–4 unit share 7.5% · 5–49 unit share 4.8% · combined 2–49 12.3%.

Units by bedrooms

Studio
80
1BR
450
2BR
1,474
3BR
2,231
4BR
696
5+
180

Rent burden

Rent ≥30% of income32.3%
Rent ≥50% of income13.8%
  • ACS median gross rent $877 (all bedrooms, occupied rentals).
  • Median contract rent $693.
  • Renters paying ≥30% of income 32.3%; ≥50% 13.8%.
  • FY2027 2BR SAFMR $980 (1.117× ACS median gross rent).

Population

10,366 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.1%.

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

Assisted inventory

  • LIHTC: 4 projects, 66 units.
  • HUD project-based assisted MF: 1 properties, 16 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 61354 24.7% of occupied households are renters; vacancy is 10.4%; ACS median gross rent is $877; population changed -2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 385 units in 2–4-unit structures and 245 units in 5–49-unit structures; 4 LIHTC projects totaling 66 units; FY2027 2BR SAFMR is $980 versus ACS median gross rent of $877. 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 61354 is a Census / HUD profile for Putnam 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 61354?

ZIP 61354 (Putnam County, IL) has 10,366 residents, 4,578 households, a renter share of 24.7%, median household income of $69,382, and ACS 2023 median gross rent of $877. Vacancy is 10.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61354?

ACS counts 173 units in 2-unit buildings, 212 in 3–4 unit buildings, 104 in 5–9, 74 in 10–19, and 67 in 20–49. Combined 2–49 unit stock is 630 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 61354?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $980. See the full schedule and 90–110% payment-standard band on the ZIP 61354 — Peru, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61354 is Census / HUD research for Putnam 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.