ZIP Code · IL

ZIP 61832

Part of Danville, IL

Pop. 32,450·Vermilion County·224th most expensive ZIP in Illinois

Median rent (all units)

$887/mo

Year-over-Year

+1.6%

Month-over-Month

+0.7%

vs US Median

-$1,045

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 61832 · $887

More affordable than 99% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$700

1 BR

$770

2 BR

$1,010

3 BR

$1,220

4 BR+

$1,350

Research median

$1,010/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 61832 is 0.7% below its high of $893 in December 2025, at $887 as of September 2026.

Past year vs. the rest of Illinois

Rent in ZIP 61832 changed +1.6% over the year to September 2026. Across the 172 Illinois ZIP codes Zillow tracks, the typical change was +4.7%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($47,332) is $1,183 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,010); a 3-bedroom is $1,220.

From Zillow's monthly rent index (ZORI) for ZIP 61832. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$10,644/yr

At $887/mo median

Location

CityDanville

StateIL

CountyVermilion County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.6% YoY, +0.7% MoM), not inventory.

Demographics

Who lives here

ZIP 61832 (Danville, IL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 19.1% of residents hold a bachelor's degree or higher.

Population

32,450

Median income

$47,332

Median age

39.3

Renters

40.1%

Age distribution

25.3%

20%

22.3%

12%

20.3%

Under 1825.3%

18–3420%

35–5422.3%

55–6412%

65+20.3%

Gender

48.1%

51.9%

Male48.1%

Female51.9%

Race & ethnicity

62.4%

28.9%

White62.4%

Black28.9%

Hispanic6.4%

Asian1.5%

Other0.8%

Education (25+)

38.9%

31.8%

19.1%

No HS diploma10.2%

HS diploma38.9%

Some college31.8%

Bachelor's+19.1%

Housing tenure

59.9%

40.1%

Owner59.9%

Renter40.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 61832 in Danville, IL has changed in 5 years

Rent

$706 → $887

up 25.6%

Income

$41,073 → $47,332

up 15.2%

Population

33,173 → 32,450

down 2.2%

Renter share

40.2% → 40.1%

-0.1 pts

Bachelor's+

17.5% → 19.1%

+1.6 pts

Median age

38.8 → 39.3

+0.5 yrs

Five years ago, renters in ZIP 61832 in Danville, IL paid around $706 a month. That figure now sits near $887, up 25.6% from the 2023 baseline. Census figures show median household income at $47,332 today, compared with $41,073 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 61832 in Danville, IL losing about 723 residents over the five-year window, down 2.2% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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Local insights

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About renting in ZIP 61832

Last updated: October 17, 2026

ZIP code 61832 covers Danville, IL. The median rent here is $887/mo as of October 2026. A 1-bedroom rents for a median of $770/mo. A 2-bedroom rents for a median of $1,010/mo.

At 22% of local median household income ($47,332/yr), ZIP 61832 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 61832?

To keep rent at or below 30% of gross income, you would need to earn at least $35,000/year (about $17/hour full-time) to afford the median rent of $887/mo in ZIP 61832. The local median household income is $47,332/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 61832?

Rent in ZIP 61832 has risen 1.6% over the past year as of September 2026. It sits 0.7% below its high of $893 in December 2025.

How does ZIP 61832 compare to other ZIPs in Illinois?

ZIP 61832 is one of the more affordable among Illinois ZIP codes for rent, ranking #224 of 227 at $887/mo. Over the year to September 2026, rent in ZIP 61832 changed +1.6%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.