Housing market/Illinois/ZIP 62048

ACS 2023 · FY2027 SAFMR

ZIP 62048 Hartford, Illinois

St. Louis, MO-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
1,456
Households
680
Median HH income
$39,364
Renter share
17.2%
Median gross rent
$925
Vacancy
11.6%
Pop. change
-20.4%
2BR SAFMR
$1,170
SAFMR / rent
1.265×
2–49 unit stock
7
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62048 · IL — sent to you.

ZIP 62048 · IL

ACS median rent$925
2BR SAFMR$1,170
90% floor$1,053
110% ceiling$1,287

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62048

  • 1-unit detached75798.4%
  • 1-unit attached20.3%
  • 2–4 units70.9%
  • Mobile30.4%
TypeUnitsShare
1-unit detached75798.4%
1-unit attached20.3%
2 units (duplex)70.9%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile30.4%

2–4 unit share 0.9% · 5–49 unit share 0.0% · combined 2–49 0.9%.

Units by bedrooms

Studio
0
1BR
75
2BR
361
3BR
281
4BR
27
5+
25

Rent burden

Rent ≥30% of income62.4%
Rent ≥50% of income46.2%
  • ACS median gross rent $925 (all bedrooms, occupied rentals).
  • Median contract rent $723.
  • Renters paying ≥30% of income 62.4%; ≥50% 46.2%.
  • FY2027 2BR SAFMR $1,170 (1.265× ACS median gross rent).

Population

1,456 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -20.4%.

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 60 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 62048 17.2% of occupied households are renters; vacancy is 11.6%; ACS median gross rent is $925; population changed -20.4% between the 2018 and 2023 ACS vintages; the housing stock includes 7 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,170 versus ACS median gross rent of $925. 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 62048 is a Census / HUD profile for St. Louis, MO-IL, 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 62048?

ZIP 62048 (St. Louis, MO-IL HUD Metro FMR Area) has 1,456 residents, 680 households, a renter share of 17.2%, median household income of $39,364, and ACS 2023 median gross rent of $925. Vacancy is 11.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62048?

ACS counts 7 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 7 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62048?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,170. See the full schedule and 90–110% payment-standard band on the ZIP 62048 — Hartford, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62048 is Census / HUD research for St. Louis, MO-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.