ZIP Code · IL

ZIP 61853

Part of Mahomet, IL

Pop. 14,831·Champaign County·123rd most expensive ZIP in Illinois

Median rent (all units)

$1,789/mo

Year-over-Year

Stable

Month-over-Month

-1.6%

vs US Median

-$143

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 61853 · $1,789

More affordable than 52% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,140

1 BR

$1,150

2 BR

$1,360

3 BR

$1,740

4 BR+

$1,800

Research median

$1,360/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($115,512) is $2,888 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,800).

From Zillow's monthly rent index (ZORI) for ZIP 61853. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,468/yr

At $1,789/mo median

Location

CityMahomet

StateIL

CountyChampaign County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+0.0% YoY, -1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 61853 (Mahomet, IL) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 53.2% of residents hold a bachelor's degree or higher.

Population

14,831

Median income

$115,512

Median age

Renters

16.5%

Age distribution

32.1%

12.8%

29.4%

15%

Under 1832.1%

18–3412.8%

35–5429.4%

55–6410.7%

65+15%

Gender

47.5%

52.5%

Male47.5%

Female52.5%

Race & ethnicity

85.7%

White85.7%

Hispanic6.4%

Asian4.8%

Other2.9%

Education (25+)

18.3%

25.1%

53.2%

No HS diploma3.5%

HS diploma18.3%

Some college25.1%

Bachelor's+53.2%

Housing tenure

83.5%

16.5%

Owner83.5%

Renter16.5%

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

2021 vs 2026

How ZIP 61853 in Mahomet, IL has changed in 5 years

Income

$105,352 → $115,512

up 9.6%

Population

13,921 → 14,831

up 6.5%

Renter share

13.3% → 16.5%

+3.2 pts

Bachelor's+

47.5% → 53.2%

+5.7 pts

Median age

37.1 → 39

+1.9 yrs

Local incomes tracked alongside that move, going from a median of $105,352 in 2021 to $115,512 more recently. Census counts show ZIP 61853 in Mahomet, IL adding about 910 residents over the five-year window, up 6.5% on net. The renter share has risen from 13.3% to 16.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47.5% to 53.2% across the same window.

Community

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Local insights

Tips for renters in ZIP 61853

About renting in ZIP 61853

Last updated: September 25, 2026

ZIP code 61853 covers Mahomet, IL. The median rent here is $1,789/mo as of September 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,360/mo.

At 19% of local median household income ($115,512/yr), ZIP 61853 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 61853?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,789/mo in ZIP 61853. The local median household income is $115,512/yr, so the typical household meets that bar.