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Ottawa city, IL

ZIP 61350 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 61350

Median Home Value
$157,100
Median Rent
$770
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,009/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 61350 in Ottawa city, IL, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,009. That sits below the local median household income ($77,562), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.3%+12% vs US avg
x
Vacancy Rate
10.2%-1% vs US avg
x
Broadband Access
84.9%-2% vs US avg
x
4+ Bedrooms
2.3%-85% vs US avg
x
Built Pre-1939
9.4%-26% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
18.9%-62% vs US avg
x
Mortgage-Free
35.9%-6% vs US avg
x
$157,100
Home Value
$770
Rent
1961
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.9%
  • 1-unit attached6.3%
  • 2-9 units10.4%
  • 10+ units5.6%
  • Mobile home & other1.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,100
Median rent$770
Owner-occupied73.3%
Vacant10.2%
Price-to-income2.0x
Est. income to buy$43,000