ZIP reports / IL / 61820
ZIP rental intelligence · 2026-06

ZIP 61820, Champaign, IL

Asking rent, household capacity, housing stock and local context—kept at their original geographic and measurement scopes.

Direct local rent answer

What does rent cost in ZIP 61820?

The latest Zillow ZORI for ZIP 61820 is $1,213 per month in 2026-06. It is a typical observed asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.

Zillow asking-rent index$1,2132026-06 · up 5.9% year over year
ACS median gross rent$1,108ACS 2024 5-year survey · ±$41 margin of error
HUD two-bedroom standard$1,122Administrative FMR/SAFMR · not asking rent
Bedroom-level rent benchmarks in ZIP 61820
BedroomsModelled asking-rent lensHUD standardHow to use it
Studio$1,017ZORI scaled by the local HUD bedroom ladder$941HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
1 bedroom$1,023ZORI scaled by the local HUD bedroom ladder$946HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
2 bedrooms$1,213ZORI scaled by the local HUD bedroom ladder$1,122HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
3 bedrooms$1,552ZORI scaled by the local HUD bedroom ladder$1,436HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.
4 bedrooms$1,607ZORI scaled by the local HUD bedroom ladder$1,486HUD FMR/SAFMR administrative benchmarkCompare with current same-bedroom listings; do not average these two measures.

Bedroom estimates are modelled, not observed rents. Zillow, Census ACS and HUD describe different housing universes and remain separate throughout this report.Zillow pulled 2026-08-08

Median household income$27,539ACS 2024 5-year · ±$3,257 MOE
Renter share80.4%12,889 renter households
Rent burden 30%+52.0%6,706 observed households
Housing vacancy16.2%3,103 of 19,136 units
Six views · one local decision

Read the measures together, without merging them

ZORI tracks observed asking rent, ACS describes occupied renter homes, and HUD publishes an administrative benchmark. The charts preserve those differences and add wider context only where the geography is named.

Three definitions of rent

Useful as a spread, not interchangeable observations.

Three rent measures for ZIP 61820Zillow asking-rent index$1,213ACS median gross rent$1,108HUD two-bedroom standard$1,122

Affordability screen

Annual income implied by 30% of the current ZIP ZORI.

Income screen for ZIP 61820ACS median household income$27,539Income at 30% of ZIP ZORI$48,520

Bedroom ladder

Modelled from ZIP ZORI using the local HUD ladder.

Modelled bedroom rent ladder for ZIP 61820Studio$1,017One bedroom$1,023Two bedrooms$1,213Three bedrooms$1,552Four bedrooms$1,607

Observed renter burden

ACS ZCTA households with computable gross-rent burden.

Observed renter cost burden in ZCTA 6182030% or more of income6,706 householdsBelow 30%6,183 households

ZIP versus wider rent context

Each bar retains its own ZIP, city, county or metro scope.

Asking-rent context for ZIP 61820ZIP 61820$1,213Champaign city$1,410Champaign County county$1,345Champaign-Urbana, IL metro$1,338

Monthly asking-rent history

Direct Zillow ZORI observations over the latest five years. Missing months remain visible gaps.

Five-year direct Zillow asking-rent history for ZIP 61820; missing months remain gaps$1,260$1,115$969$8242021-062023-122026-06
Five-year change
39.2%exact same-month endpoints
Largest observed drawdown
1.1%peak to a later observed month
Annualized monthly variability
2.3%65 consecutive returns
Monthly coverage
100.0%66 of 66 months
Decision brief

What the evidence says for ZIP 61820

ZIP 61820’s current asking index sits below every supplied wider context, yet its affordability screen warrants a separate reading. At the June 2026 Zillow endpoint, Zillow Observed Rent Index (ZORI) is $1,213 per month, up 5.9% from the matching month a year earlier. ZORI is a typical observed asking-rent index blended across rental types, so it establishes a market-level starting point rather than the price of a named unit. The supplied Champaign city context rent is $1,410, the Champaign County context rent is $1,345, and the Champaign-Urbana, IL metro context rent is $1,338. Each wider geography is context only; the ZIP reading sits below all three, but that comparison cannot identify lease terms, unit mix, or a renter’s actual payment.

The direct ZIP ZORI path behind the current figure has been consistently upward, rather than showing a new reversal: exact same-month annualized changes were 5.9% over one year, 5.4% over three years, and 6.8% over five years. Thus the recent direction confirms the longer growth path, although it is slower than the five-year annualized pace. Across 66 monthly observations, supplied coverage is 100%; annualized monthly-return variability was 2.3% and maximum drawdown was -1.1%. National discovery ranks among history-eligible ZIPs were 200 for momentum, 406 for stability, and 39 for the balanced measure, with lower ranks indicating higher placement. These are backward-looking measurements, not forecasts or investment recommendations. The relatively contained historical variability lends more confidence to this ZIP-level snapshot than a highly erratic series would, but it does not validate any individual quote.

Different rent universes explain why nearby-looking benchmarks should not be merged. The matched Census ZCTA in the ACS 2024 five-year survey reports $1,108 median gross rent from occupied renter homes and includes selected utilities; it is not an asking-rent index. The ZORI reading is 9.5% higher than that survey median. The same five-digit label is both a Zillow ZIP market identifier and a Census ZCTA match; a ZCTA is a statistical area and is not identical to a USPS delivery ZIP. The supplied FY2026 HUD two-bedroom FMR/SAFMR standard is $1,122, placing ZORI 8.1% above it. HUD FMR/SAFMR is an administrative bedroom-specific standard, not asking rent, so neither comparison establishes the advertised price for a particular two-bedroom.

Bedroom sizing can be useful only if treated as a modeling exercise. Scaling the ZIP ZORI by the supplied local HUD ladder produces modelled monthly estimates—not measured bedroom rents—of $1,017 for a studio, $1,023 for one bedroom, $1,213 for two bedrooms, $1,552 for three bedrooms, and $1,607 for four bedrooms. The associated HUD ladder runs from $941 for a studio to $1,486 for four bedrooms. These estimates preserve the local HUD relative-size pattern while anchoring the level to ZIP ZORI; they do not show separate observed asking rents, utilities, fees, condition, or availability for those unit types.

Affordability presents the sharper counterweight to the lower context index. Applying the 30% screen arithmetically to that monthly asking index yields $48,520 in required annual gross income. That screen is arithmetic, not advice and not an applicant qualification rule. Against the ACS ZCTA median household income of $27,539, the annualized asking-rent-to-income comparison is 52.9%; it is a broad ratio, not a tenant budget calculation. The ACS survey also counts 6,706 of 12,889 renter-occupied households as paying gross rent equal to or above the same threshold, or 52.0%. This burden evidence is aggregate and cannot demonstrate affordability, qualification, or hardship for any named household or unit.

Housing counts show a substantial vacancy signal but not a live inventory. The ACS ZCTA has 19,136 housing units, including 3,103 vacant units, a 16.2% vacancy rate; 1,470 vacant units are classified for rent. The structure counts report 8,351 units in large multifamily buildings and 4,483 single-family units, showing that both categories contribute to the stock measured here. These are area-wide survey counts rather than verified listings. They cannot show which units are available now, their asking rents, their condition, application criteria, or whether a vacancy is marketable to a particular renter.

Use the figures as scoped comparisons, not interchangeable property facts. Their reporting windows and construction differ: Zillow tracks an observed asking-rent index, ACS describes surveyed occupied renter homes, and HUD sets an administrative standard. ACS sampling uncertainty further limits fine distinctions. For any candidate property, check that the address falls in the applicable Zillow ZIP and HUD geography, then verify the actual advertised base rent, bedroom count, included utilities, recurring and one-time fees, concessions, availability date, and lease term. Compare the unit’s stated terms with the appropriate benchmark only after those facts are known. What does the property-specific quote reveal that the aggregate ZIP data cannot?

Decision signals

What deserves a closer property-level check

Current index sits below wider context

ZIP 61820’s $1,213 Zillow ZORI is a typical observed asking-rent index across rental types, not a unit quote. The 5.9% same-month increase places current direction upward. The Champaign city context rent is $1,410, Champaign County context rent is $1,345, and Champaign-Urbana, IL metro context rent is $1,338. Those wider scopes provide comparison only and should not replace ZIP-level evidence.

History is positive with limited measured disruption

The matched-month history rose at annualized rates of 5.9%, 5.4%, and 6.8% across one-, three-, and five-year horizons. Its annualized monthly-return volatility was 2.3%, and maximum drawdown was -1.1%. Complete supplied coverage contains 66 observations. This is a backward-looking ZIP index record, so it informs confidence in the current aggregate reading but does not forecast future rent.

Rent benchmarks answer different questions

ACS median gross rent of $1,108 is a five-year survey measure for occupied renter homes and includes selected utilities, whereas Zillow ZORI captures typical observed asking rents. The HUD two-bedroom FMR/SAFMR standard is $1,122 and is an administrative, bedroom-specific standard rather than asking rent. The bedroom figures supplied here are modelled by scaling ZORI with the HUD ladder; they are not measured bedroom rents.

Aggregate pressure and vacancy require unit checks

Applying the 30% arithmetic screen to current ZORI yields $48,520 in annual required income, while the ACS ZCTA median household income is $27,539. Gross-rent burden reaches 6,706 of 12,889 renter households. Separately, the ZCTA vacancy rate is 16.2%, with 1,470 units classified vacant for rent. Neither burden nor vacancy confirms affordability, availability, or price for a particular listing.

  • The index is blended across rental types, so a property’s quoted base rent, recurring fees, utilities, concessions, bedroom count, availability, and lease term can differ materially from the ZIP aggregate at the reporting endpoint.
  • The ACS ZCTA is a statistical survey geography rather than a USPS delivery ZIP, and its occupied-home, utility-inclusive median gross rent should not be treated as current asking rent.
  • HUD FMR/SAFMR is an administrative standard and the bedroom ladder is modelled from it; neither verifies the asking rent or eligibility terms of a specific apartment.
  • Vacancy and rent-burden statistics are ZCTA-wide aggregates from a different evidence universe; they cannot establish that a given unit is vacant, affordable, habitable, or offered under comparable terms.
Direct ZIP resale evidence

For-sale liquidity inside ZIP 61820

Redfin reports these as a rolling three-month ZIP observation through 2026-06-30. They describe the for-sale market, not rental vacancy or the rent of a particular property.

Median sale price$220,450+11.6% year over year
Homes sold49rolling three-month observation
Median days on market35 daysfor-sale listing absorption
Months of supply1.9resale inventory relative to sales pace

Activity and available supply

Direct ZIP counts remain separate because each describes a different stage of the resale funnel.

Direct resale activity for ZIP 61820Active listings89Inventory31Pending sales50Homes sold49

Counter-signals before underwriting

A price alone does not reveal how quickly buyers are absorbing available homes.

Inventory direction

31 observed inventory · +11.3% year over year.

Price realization

100.6% average sale-to-list ratio · 35.4% sold above original list.

Early absorption

60.5% went off market within two weeks; compare this with 35 median days on market.

Measurement boundary

Small ZIP samples can move sharply. This rolling period smooths monthly noise but does not replace current address-level sale and rent comparables.

Redfin Data Center · updated 2026-07-03 · exact five-digit ZIP key. Implausible source values are withheld as n/a rather than repaired or inherited from a broader geography.

Wider market evidence

Listing and rental liquidity around the ZIP

These measures are not ZIP observations. They are labelled county or metro context so they can challenge the local story without being copied into it.

Champaign County listing conditions

349 active Realtor.com listings · 44 median days on market · 16.2% price-reduced share · 2026-06.

Champaign-Urbana, IL resale supply

3.1 months of supply · 46 median days on market · 19.9% listings with price drops · Redfin 2026-05-01.

Apartment List metro liquidity

n/a reported apartment vacancy · n/a. These are direct metro observations and do not describe a particular ZIP unit.

Property-level next step

Compare live same-bedroom listings, concessions, utilities, condition and days listed inside ZIP 61820. The report frames the market; it does not replace a rent roll, lease review or address-level comparable set.

Questions this report can answer

Scope-aware answers

What does the current Zillow reading measure?

The $1,213 Zillow ZORI is a ZIP-level typical observed asking-rent index blended across rental types. It summarizes an aggregate market reading at the stated endpoint, rather than a quoted amount for a named address. It does not separately establish a unit’s bedroom configuration, utilities, fees, availability, concessions, lease duration, or applicant terms.

Why can the ACS, ZORI, and HUD figures differ?

They measure different universes. ACS median gross rent is a five-year survey of occupied renter homes and includes selected utilities. Zillow ZORI is a typical observed asking-rent index across rental types. HUD FMR/SAFMR is an administrative standard set by bedroom size. The matched ZCTA is a statistical area, not a USPS delivery ZIP. Differences do not independently identify a pricing error, trend cause, or the rent of a particular available home.

How should the bedroom estimates be used?

The studio through four-bedroom figures are modelled monthly estimates created by scaling ZIP ZORI with the supplied local HUD ladder. They preserve a relative bedroom-size pattern, but they are not measured bedroom rents or direct listing observations. Before comparing a unit, confirm its actual bedroom count, base rent, included utilities, fees, concessions, availability, and lease terms.

What does the burden and vacancy evidence establish?

It establishes area-wide ACS ZCTA conditions, not outcomes for an individual property or household. The burden share describes surveyed renter households paying gross rent at or above the stated threshold, while vacancy classifies housing units at the survey level. Check an address’s geography and the current listing details before concluding that a specific home is available or affordable.