St. Joseph: Housing & Real Estate
$270,900 is the median home value in St. Joseph (estimated market value runs 12% higher at $304,734), with median rent $968 (about the same as Champaign County median $977; 1.2× below Illinois median $1,193). Homeownership rate: 84.7%. That's 1.4× higher than the Champaign County median ($192,600); 1.1× higher than the Illinois median ($250,113). Market is warm. Vacancy rate 0.5%. New construction makes up 3.8% of stock. A municipal building code is in effect.
- 2.2× annual income — home value vs. household income (vs Illinois 2.9×).
- 23.3 years to break even renting at the median (vs Illinois 17y).
- 4-BR rent is 1.6× a studio — rent gradient by unit size.
- Median rent 13% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $270,900 — 1.1× the Illinois median ($250,113). Median rent $968/month. homeownership rate 84.7% — above the U.S. share of ~65%.
| Affordability · Home Price To Income | 2.2× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 9.6% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 4.0% |
| Affordability · Poverty Rate | 4.1% |
| Affordability · Property Tax Pct Income | 4.3% |
| Fair Market Rent · Studio rent | $941 |
| Fair Market Rent · One-bedroom rent | $946 |
| Fair Market Rent · Two-bedroom rent | $1,122 |
| Fair Market Rent · Three-bedroom rent | $1,436 |
| Fair Market Rent · Four-bedroom rent | $1,486 |
| Fair Market Rent · HUD FMR area | Champaign-Urbana, IL HUD Metro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $304,734 |
| Median Home Value | $270,900 (vs Illinois $250,113) |
| Median Rent | $968 (vs Illinois $1,193) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 0.5% |
| Housing Market · New construction (% of stock) | 3.8% |
| Housing Market · Price Appreciation 2Yr | 5.2% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 94.7% |
| Broadband · Broadband-capable premises | 1,748 |
| Electricity · Electricity rate (¢/kWh) | 15.87¢/kWh |
| Electricity · Customers | 5,392,477 |
| Electricity · Revenue Millions | $7,118 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0% |
| Mobile Broadband · 4G mobile coverage | 100% |
| Mobile Broadband · 5G mobile coverage | 100% |
| Mobile Home Parks Detail · County total | 8 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 84.7% |
|---|---|
| Median Year Built | 1996 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12