RentDataNowRentDataNow
ZIP Code · IL

ZIP 62650

Pop. 24,821·Morgan County·211th most expensive ZIP in Illinois
Median rent (all units)
$888/mo
Year-over-Year
Stable
Month-over-Month
-3.5%
vs US Median
-$1,077
Falling (Monthly)
Be the first to discuss 62650 rents ↓
Most AffordableMost Expensive
ZIP 62650 · $888
More affordable than 99% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$630
1 BR
$700
2 BR
$920
3 BR
$1,140
4 BR+
$1,540
Research median
$920/mo

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

Rent trends

12-month history

Loading…

Last updated: March 21, 2026

Annual cost
$10,656/yr
At $888/mo median
Location
StateIL
CountyMorgan County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -3.5% MoM), not inventory.
Demographics

Who lives here

ZIP 62650 (Jacksonville, IL) is majority owner-occupied, has a large retiree population, has a median income below the national average, 24.9% of residents hold a bachelor's degree or higher.

Population
24,821
Median income
$65,762
Median age
40.2
Renters
31.3%
Age distribution
17.7%
26.4%
22.3%
13.2%
20.3%
Under 1817.7%
18–3426.4%
35–5422.3%
55–6413.2%
65+20.3%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
85%
White85%
Black6.4%
Hispanic3.3%
Asian1%
Other4.2%
Education (25+)
36.5%
26.8%
24.9%
No HS diploma11.8%
HS diploma36.5%
Some college26.8%
Bachelor's+24.9%
Housing tenure
68.7%
31.3%
Owner68.7%
Renter31.3%

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

2021 vs 2026

How ZIP 62650 in Jacksonville, IL has changed in 5 years

Income
$54,108 → $65,762
up 21.5%
Population
24,964 → 24,821
down 0.6%
Renter share
34.7% → 31.3%
-3.4 pts
Bachelor's+
22.7% → 24.9%
+2.2 pts

On the earnings side, the typical household in ZIP 62650 in Jacksonville, IL now reports about $65,762, up from $54,108 in 2021. Renters now make up 31.3% of households, compared with 34.7% five years ago. College-educated residents now make up 24.9% of adults here, versus 22.7% in 2021.

Community

Discussions about ZIP 62650

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 62650

About renting in ZIP 62650

Last updated: March 21, 2026

ZIP code 62650 covers Jacksonville, IL. The median rent here is $888/mo as of March 2026. A 1-bedroom rents for a median of $700/mo. A 2-bedroom rents for a median of $920/mo.

At 16% of local median household income ($65,762/yr), ZIP 62650 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 is rent in ZIP code 62650?

As of March 21, 2026, the median monthly rent in ZIP 62650 (Jacksonville, IL) is $888. This is based on aggregated data from public sources and community submissions.

How does ZIP 62650 rent compare to the US average?

ZIP 62650's median rent of $888/mo is $1,077 (55%) below the US national median of $1,965/mo.

How does ZIP 62650 compare to other ZIPs in Illinois?

ZIP 62650 is among the more affordable ZIP codes in Illinois, ranking #211 out of 214 ZIPs at $888/mo.

How much income do you need to rent in ZIP 62650?

To keep rent at or below 30% of gross income, you would need to earn at least $36,000/year (~$17/hour full-time) to afford the median rent of $888/mo in ZIP 62650. The local median household income is $65,762/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 62650?

Rent in ZIP 62650 has been relatively stable over the past year, with a 0.0% change year over year as of March 21, 2026.

Is ZIP 62650 an affordable place to rent?

ZIP 62650 is considered very affordable for renters. At $888/mo, rent takes approximately 16% of the local median household income ($65,762/yr). The standard benchmark is 30%. ZIP 62650 falls comfortably within that range.

What percentage of ZIP 62650 residents rent vs. own?

According to Census data, approximately 31.3% of ZIP 62650 households are renters, while 68.7% are owner-occupied. ZIP 62650 leans toward homeownership, which can mean a smaller rental inventory.

When was rent data for ZIP 62650 last updated?

Rent data for ZIP 62650 reflects March 21, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $888/mo, rent takes ~16% of ZIP 62650's median household income ($65,762/yr). The standard benchmark is 30%.

ZIP 62650 16%Benchmark 30%
State income tax4.95%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 62650 (Jacksonville, IL)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.