ZIP Code · IL

ZIP 61866

Part of Rantoul, IL
Pop. 13,470·Champaign County·222nd most expensive ZIP in Illinois
Median rent (all units)
$921/mo
Year-over-Year
+3.6%
Month-over-Month
-0.3%
vs US Median
-$1,011
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 61866 · $921
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
$850
1 BR
$850
2 BR
$1,010
3 BR
$1,290
4 BR+
$1,340
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

Past year vs. the rest of Illinois

Rent in ZIP 61866 changed +3.6% 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 9 of the last 12 months.

What a typical income covers

30% of the median household income ($50,686) is $1,267 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,010); a 3-bedroom is $1,290.

From Zillow's monthly rent index (ZORI) for ZIP 61866. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,052/yr
At $921/mo median
Location
StateIL
CountyChampaign County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.6% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 61866 (Rantoul, IL) is majority owner-occupied, has a median income below the national average, 12.7% of residents hold a bachelor's degree or higher.

Population
13,470
Median income
$50,686
Median age
36.9
Renters
42.9%
Age distribution
24.9%
20.5%
24.6%
14.7%
15.3%
Under 1824.9%
18–3420.5%
35–5424.6%
55–6414.7%
65+15.3%
Gender
47%
53%
Male47%
Female53%
Race & ethnicity
55.3%
16.9%
19.1%
White55.3%
Black16.9%
Hispanic19.1%
Asian1%
Other7.8%
Education (25+)
44.2%
36.3%
12.7%
No HS diploma6.8%
HS diploma44.2%
Some college36.3%
Bachelor's+12.7%
Housing tenure
57.1%
42.9%
Owner57.1%
Renter42.9%

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

2021 vs 2026

How ZIP 61866 in Rantoul, IL has changed in 5 years

Income
$45,445 → $50,686
up 11.5%
Population
13,631 → 13,470
down 1.2%
Renter share
47.3% → 42.9%
-4.4 pts
Bachelor's+
16.5% → 12.7%
-3.8 pts
Median age
35.4 → 36.9
+1.5 yrs

Local incomes tracked alongside that move, going from a median of $45,445 in 2021 to $50,686 more recently. The population has contracted by 1.2% since 2021, moving from about 13,631 residents to roughly 13,470. Renters now make up 42.9% of households, compared with 47.3% five years ago. College-educated residents now make up 12.7% of adults here, versus 16.5% in 2021.

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Local insights

Tips for renters in ZIP 61866

About renting in ZIP 61866

Last updated: October 17, 2026

ZIP code 61866 covers Rantoul, IL. The median rent here is $921/mo as of October 2026. A 1-bedroom rents for a median of $850/mo. A 2-bedroom rents for a median of $1,010/mo.

At 22% of local median household income ($50,686/yr), ZIP 61866 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 61866?

To keep rent at or below 30% of gross income, you would need to earn at least $37,000/year (about $18/hour full-time) to afford the median rent of $921/mo in ZIP 61866. The local median household income is $50,686/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 61866?

Rent in ZIP 61866 has risen 3.6% over the past year.

How does ZIP 61866 compare to other ZIPs in Illinois?

ZIP 61866 is one of the more affordable among Illinois ZIP codes for rent, ranking #222 of 227 at $921/mo. Over the year to September 2026, rent in ZIP 61866 changed +3.6%, against a typical +4.7% across the 172 Illinois ZIP codes Zillow tracks.

How does ZIP 61866 compare to the rest of Rantoul?

ZIP 61866 sits right at the Rantoul citywide median of $921/mo.
Income Affordability
22%
VERY AFFORDABLE

At $921/mo, rent takes ~22% of ZIP 61866's median household income ($50,686/yr). The standard benchmark is 30%.

ZIP 61866 22%Benchmark 30%
State income tax4.95%
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Schools nearby

Public schools near ZIP 61866 (Rantoul, IL)

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