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Springfield city, IL

ZIP 62701 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 62701

Median Home Value
N/A
Median Rent
$562
Affordability Snapshot
21%
Rent-to-Income Ratio

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

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
1.9%-97% vs US avg
x
Vacancy Rate
25.0%+143% vs US avg
x
Broadband Access
73.2%-16% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
15.2%-69% vs US avg
x
Mortgage-Free
100.0%+162% vs US avg
x
N/A
Home Value
$562
Rent
1970
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached1.3%
  • 1-unit attached0.0%
  • 2-9 units19.4%
  • 10+ units79.2%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$-666,666,666
Median rent$562
Owner-occupied1.9%
Vacant25.0%