Housing market/Illinois/ZIP 61843

ACS 2023 · FY2027 SAFMR

ZIP 61843 Fisher, Illinois

Champaign-Urbana, 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
2,003
Households
746
Median HH income
$93,750
Renter share
10.7%
Median gross rent
$850
Vacancy
5.2%
Pop. change
-15.4%
2BR SAFMR
$1,180
SAFMR / rent
1.388×
2–49 unit stock
63
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 61843 · IL — sent to you.

ZIP 61843 · IL

ACS median rent$850
2BR SAFMR$1,180
90% floor$1,062
110% ceiling$1,298

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

Housing stock

ACS 2023 units-in-structure · ZCTA 61843

  • 1-unit detached67085.1%
  • 1-unit attached354.4%
  • 2–4 units232.9%
  • 5–49 units405.1%
  • Mobile192.4%
TypeUnitsShare
1-unit detached67085.1%
1-unit attached354.4%
2 units (duplex)00.0%
3–4 units232.9%
5–9 units202.5%
10–19 units202.5%
20–49 units00.0%
50+ units00.0%
Mobile192.4%

2–4 unit share 2.9% · 5–49 unit share 5.1% · combined 2–49 8.0%.

Units by bedrooms

Studio
5
1BR
7
2BR
156
3BR
435
4BR
141
5+
43

Rent burden

Rent ≥30% of income20.0%
Rent ≥50% of income11.3%
  • ACS median gross rent $850 (all bedrooms, occupied rentals).
  • Median contract rent $709.
  • Renters paying ≥30% of income 20.0%; ≥50% 11.3%.
  • FY2027 2BR SAFMR $1,180 (1.388× ACS median gross rent).

Population

2,003 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -15.4%.

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 631 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 61843 10.7% of occupied households are renters; vacancy is 5.2%; ACS median gross rent is $850; population changed -15.4% between the 2018 and 2023 ACS vintages; the housing stock includes 23 units in 2–4-unit structures and 40 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,180 versus ACS median gross rent of $850. 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 61843 is a Census / HUD profile for Champaign-Urbana, 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 61843?

ZIP 61843 (Champaign-Urbana, IL HUD Metro FMR Area) has 2,003 residents, 746 households, a renter share of 10.7%, median household income of $93,750, and ACS 2023 median gross rent of $850. Vacancy is 5.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 61843?

ACS counts 0 units in 2-unit buildings, 23 in 3–4 unit buildings, 20 in 5–9, 20 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 63 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 61843?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,180. See the full schedule and 90–110% payment-standard band on the ZIP 61843 — Fisher, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 61843 is Census / HUD research for Champaign-Urbana, 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.