Housing market/Illinois/ZIP 62418

ACS 2023 · FY2027 SAFMR

ZIP 62418 Brownstown, Fayette County, Illinois

Fayette 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
1,720
Households
705
Median HH income
$57,969
Renter share
20.4%
Median gross rent
$785
Vacancy
19.5%
Pop. change
-18.4%
2BR SAFMR
$1,020
SAFMR / rent
1.299×
2–49 unit stock
32
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 62418 · IL — sent to you.

ZIP 62418 · IL

ACS median rent$785
2BR SAFMR$1,020
90% floor$918
110% ceiling$1,122

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

Housing stock

ACS 2023 units-in-structure · ZCTA 62418

  • 1-unit detached57665.8%
  • 1-unit attached40.5%
  • 2–4 units252.9%
  • 5–49 units70.8%
  • Mobile26430.1%
TypeUnitsShare
1-unit detached57665.8%
1-unit attached40.5%
2 units (duplex)50.6%
3–4 units202.3%
5–9 units70.8%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile26430.1%

2–4 unit share 2.9% · 5–49 unit share 0.8% · combined 2–49 3.7%.

Units by bedrooms

Studio
5
1BR
120
2BR
228
3BR
438
4BR
70
5+
15

Rent burden

Rent ≥30% of income38.9%
Rent ≥50% of income13.2%
  • ACS median gross rent $785 (all bedrooms, occupied rentals).
  • Median contract rent $478.
  • Renters paying ≥30% of income 38.9%; ≥50% 13.2%.
  • FY2027 2BR SAFMR $1,020 (1.299× ACS median gross rent).

Population

1,720 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -18.4%.

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 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 62418 20.4% of occupied households are renters; vacancy is 19.5%; ACS median gross rent is $785; population changed -18.4% between the 2018 and 2023 ACS vintages; the housing stock includes 25 units in 2–4-unit structures and 7 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,020 versus ACS median gross rent of $785. 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 62418 is a Census / HUD profile for Fayette 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 62418?

ZIP 62418 (Fayette County, IL) has 1,720 residents, 705 households, a renter share of 20.4%, median household income of $57,969, and ACS 2023 median gross rent of $785. Vacancy is 19.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 62418?

ACS counts 5 units in 2-unit buildings, 20 in 3–4 unit buildings, 7 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 32 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 62418?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,020. See the full schedule and 90–110% payment-standard band on the ZIP 62418 — Brownstown, IL HUD Section 8 Payment Standards / SAFMR.

Does this Illinois ZIP profile include Georgia listings?

No. ZIP 62418 is Census / HUD research for Fayette 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.