Location: Christian County, IL | Metro: Christian County, IL
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 | $710 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $95,066 | 1.07% | B |
| 3BR | $1,220 | $144,451 | 0.84% | C |
U.S. Census Bureau data (2024)
The rent math in ZIP 62567 does not favor landlords. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,060, while the actual market rent based on Census ACS data is only $884. This discrepancy means that landlords may struggle to cover their costs if they rely solely on market rates.
Acquisition in this ZIP code is relatively affordable, with a median home value of $124,406. However, the lack of data regarding days on market (DOM) and the percentage of homes needing price cuts indicates that the housing market may be less active, which could slow down the process of acquiring properties.
Tenant demand in ZIP 62567 is modest. With a total population of 831 and 17.6% of residents being renters, there is a limited pool of potential tenants. This low renter share suggests that finding and retaining quality tenants might be challenging.
Verdict: ZIP 62567 presents a mixed picture for landlords and small-portfolio investors. While the median home value makes property acquisition relatively affordable, the lower market rent compared to the FMR and the limited tenant demand pose significant challenges. Landlords must carefully assess their ability to manage properties profitably within these constraints.
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.