How much is a home worth in ZIP code 61821?

The typical home in 61821 is worth $203,286, based on the Zillow Home Value Index.

Are home values rising in 61821?

Home values in 61821 are up 5.9% over the past year, and up 6.9% a year over five years.

What is the typical rent in 61821?

A typical home in 61821 rents for about $1,401 a month, a gross rental yield of 8.3%.

What is the property tax rate in 61821?

The effective property tax rate in 61821 is 2.1% — roughly $4,182 a year on a typical home.

ZIP code 61821 has a population of 28,611 and a median household income of $70,715.

HousingHandbookReference data

…

U.S. ZIP Code · IL61821

Champaign County · Champaign-Urbana, IL

Typical home value

$203,286^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +5.9%
5-year / yr: +6.9%
10-year / yr: +4.8%

Relative price

vs U.S.: -28.4%
vs metro: +6.8%
vs state: +6.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 61821 is worth $203,286 — 6.8% above the Champaign-Urbana, IL median. Over the past year, values have risen 5.9%. Homes here rent for a typical $1,401 a month — a 8.3% gross rental yield. The effective property tax rate is 2.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,401^[2]
Gross yield: 8.3%^[2]
Cap rate: 5.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 2.1%^[3]
Typical annual tax: $4,182^[3]

#Climate risk

FEMA National Risk Index ratings for Champaign County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively High
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 28,611^[3]
Median household income: $70,715^[3]

#Migration

Household moves in and out of Champaign County over a year, from IRS tax-return data.

Net migration: -1,307^[5]
Moved in: 4,995
Moved out: 6,302

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 6
Middle: 1
High: 2

Centennial High School
High · Grades 9–12 · Champaign CUSD 4
1,473 students
Jefferson Middle School
Middle · Grades 6–8 · Champaign CUSD 4
711 students
International Prep Academy
Elementary · Grades PK–8 · Champaign CUSD 4
650 students
Robeson Elem School
Elementary · Grades K–5 · Champaign CUSD 4
432 students
Westview Elem School
Elementary · Grades K–5 · Champaign CUSD 4
418 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.3%

Net yield (after ~40% expenses)5.0%

Annual rent$16,810

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,028

Loan principal$162,629

Down payment$40,657

Total interest paid$207,424

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.10

Monthly cost to own$1,546

Monthly rent$1,401

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 76th percentile^[1]
Rental yield: 86th percentile^[2]
Property tax: 86th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 61821?: The typical home in 61821 is worth $203,286, based on the Zillow Home Value Index.
Are home values rising in 61821?: Home values in 61821 are up 5.9% over the past year, and up 6.9% a year over five years.
What is the typical rent in 61821?: A typical home in 61821 rents for about $1,401 a month, a gross rental yield of 8.3%.
What is the property tax rate in 61821?: The effective property tax rate in 61821 is 2.1% — roughly $4,182 a year on a typical home.
Who lives in 61821?: ZIP code 61821 has a population of 28,611 and a median household income of $70,715.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

61872 vs 61821 →
Sadorus, IL
Typical home
$198,071
Gross yield
—
61863 vs 61821 →
Pesotum, IL
Typical home
$209,729
Gross yield
—
61801
Urbana, IL
Typical home
$190,362
Gross yield
8.9%
61859
Ogden, IL
Typical home
$218,666
Gross yield
—
61802
Urbana, IL
Typical home
$220,184
Gross yield
8.1%
61849
Homer, IL
Typical home
$184,735
Gross yield
—

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#Jump to section

U.S. ZIP Code · IL61821

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