Location: De Witt County, IL | Metro: Bloomington, IL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,550 | $212,612 | 0.73% | D |
U.S. Census Bureau data (2024)
The ZIP code 61752, located in De Witt County, IL, can serve as a cash-flow anchor within a Section 8 portfolio strategy. Given the data for fiscal year 2024, the Fair Market Rent (FMR) for ZIP 61752 is set at $890. This compares favorably against the current market rent of $842, indicating a positive spread of $48 per unit. Additionally, the median home value stands at $206,958, which suggests that the area is relatively affordable for purchasing investment properties.
This spread between the FMR and the market rent is significant because it allows landlords to secure higher rents through the Section 8 program while still offering competitive prices to tenants. As a result, landlords can achieve stable cash flows that exceed market rates, making ZIP 61752 an attractive option for those looking to maintain consistent revenue streams within their portfolios.
Moreover, the housing market in 61752 shows steady growth. According to recent data, home prices have increased by 9.8% in November 2024, selling for a median price of $199,000. This trend indicates that property values are rising, which can further enhance the financial stability of a landlord's investment. However, the Days on Market (DOM) has also increased to 46 days, up from 39 days the previous year, suggesting that while appreciation is occurring, the market might be slightly slower in terms of turnover.
In conclusion, ZIP 61752 is best categorized as a cash-flow anchor due to its favorable spread between the FMR and market rent, along with its relatively low median home value. These factors ensure that landlords can rely on steady and above-average rental incomes, which is crucial for maintaining the financial health of a Section 8 portfolio.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.