Housing data for University Park, IL
University Park, IL has an estimated 7,306 residents and 2,801 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Will County.
36.3% of households rent.
The median gross rent is $1,649 a month.
Figures last updated on .
- Residents
- 7,306 (±555)
- Housing units
- 2,801 (±264)
- Households that rent
- 36.3%
- Median gross rent
- $1,649
- Residents since 2015–2019
- +5.2%
What stands out in University Park
Households that rent: 36.3% (±8.1 points) in University Park, higher than in Will County (17.2%).
Homes built before 1980: 68.7% (±10.9 points) in University Park, higher than in Will County (37.1%).
Median home value: $153,200 (±$19,735) in University Park, lower than in Will County ($319,600).
Median household income: $73,844 (±$12,510) in University Park, lower than in Will County ($109,984).
- Renters and owners in University Park
- Age of homes in University Park
- Home values in University Park
- Income and affordability in University Park
Housing in University Park at a glance
- Median rent: $1,649 median gross rent a month
- Rent by bedrooms: $1,376 median gross rent, 2 bedrooms
- Rent burden: 58.4% of renters pay 30% or more of income
- Renters and owners: 36.3% of households rent
- Income and affordability: $73,844 median household income
- Home values: $153,200 median home value
- Homeowner costs: $1,742 median monthly cost with a mortgage
- Property taxes: $4,904 median real estate taxes a year
- Types of homes: 9.9% of homes are in buildings of 5 or more units
- Bedrooms: 72.1% of homes have 3 or more bedrooms
- Age of homes: 68.7% of homes were built before 1980
- Vacancy rate: 5.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 90.1% heat with utility gas
- Commute and cars: 39.3 minutes average trip to work
- Crime reported to police: 171 violent crimes per 100,000 residents
- Growth: +5.2% residents since 2015–2019
- How long people stay: 17.6% moved in since 2020
- Crowding and facilities: 1.6% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $2,260 Small Area FMR, 2 bedrooms (ZIP 60484)
University Park against Will County, its state and the nation
| University Park | Will County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 7,306 (±555) | 701,462 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 2,801 (±264) | 254,278 (±158) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 36.3% (±8.1 points) | 17.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,649 (±$161) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Median household income | $73,844 (±$12,510) | $109,984 (±$1,819) | $83,390 (±$362) | $80,734 |
| Median home value | $153,200 (±$19,735) | $319,600 (±$3,152) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $4,904 (±$867) | $7,173 (±$64) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 68.7% (±10.9 points) | 37.1% (±0.8 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 39.3 minutes (±4.7) | 31.4 minutes (±0.5) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 90.1% (±5.6 points) | 94.1% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 32.1 years (±3.0) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
University Park covers 10.7 square miles of land, about 681 residents per square mile (Census Bureau Gazetteer).
How University Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,947 (±308) | 7,306 (±555) | +5.2% | Not a measurable change |
| Housing units | 2,841 (±264) | 2,801 (±264) | −1.4% | Not a measurable change |
| Median gross rent | $978 (±$88) | $1,649 (±$161) | +68.6% | Up after inflation |
| Median home value | $124,100 (±$16,851) | $153,200 (±$19,735) | +23.4% | No measurable change after inflation |
| Median household income | $52,250 (±$9,182) | $73,844 (±$12,510) | +41.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,614 (±$83) | $1,742 (±$171) | +7.9% | Down after inflation |
| Median real estate taxes | $4,926 (±$659) | $4,904 (±$867) | −0.4% | No measurable change after inflation |
| Households that rent | 46.2% (±5.9 points) | 36.3% (±8.1 points) | −9.9 percentage points | Not a measurable change |
| Rental vacancy rate | 10.3% (±5.0 points) | 5.8% (±8.6 points) | −4.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in University Park
In 2025, the University Park Police Department reported 171 violent and 1,852 property crimes per 100,000 residents to the FBI.
ZIP codes in University Park
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60484 | 95% | 6,762 | $1,686 | $154,600 | $73,266 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near University Park
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Monee Township | 2.0 mi | $1,629 | $220,000 | 22.1% |
| Richton Park | 2.8 mi | $1,294 | $220,900 | 48.1% |
| Park Forest | 2.8 mi | $1,365 | $115,300 | 34.2% |
| Monee | 2.8 mi | $1,477 | $240,500 | 7.0% |
| Crete | 4.6 mi | $1,309 | $228,500 | 10.0% |
| Matteson | 4.6 mi | $1,580 | $250,600 | 22.6% |
| South Chicago Heights | 4.7 mi | $1,196 | $149,300 | 39.4% |
| Rich Township | 4.8 mi | $1,434 | $223,900 | 25.5% |
Places in Illinois most like University Park
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Sauk Village | $1,502 | $110,800 | $69,973 | 35.4% |
| Burnham | $1,208 | $161,300 | $57,790 | 42.0% |
| Bloom Township | $1,246 | $180,300 | $73,530 | 27.9% |
| Markham | $1,621 | $135,300 | $57,302 | 25.1% |
| Crete Township | $1,174 | $210,800 | $80,482 | 22.9% |
| Country Club Hills | $1,709 | $192,000 | $75,197 | 26.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for University Park, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for University Park, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about University Park
What is the average rent in University Park, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in University Park is $1,649 (±$161) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in University Park?
The median gross rent for a one-bedroom home in University Park, IL is $1,125 (±$826) a month (2020–2024 American Community Survey).
Are renters in University Park rent-burdened?
58.4% of renting households in University Park pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in University Park?
University Park has an estimated 914 (±215) renting households, 36.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in University Park?
The median household income in University Park is $73,844 (±$12,510) a year (2020–2024 American Community Survey).
What is the average home value in University Park, IL?
The Census Bureau publishes the median: $153,200 (±$19,735) for owner-occupied homes in University Park (2020–2024 American Community Survey).
Is University Park growing?
In University Park, the number of residents went from 6,947 in 2015–2019 to 7,306 in 2020–2024 (+5.2%), not a measurable change.
What ZIP codes are in University Park?
The ZIP code that covers University Park is 60484.
What is the median rent in ZIP code 60484?
The median gross rent in ZIP Code Tabulation Area 60484 is $1,686 (±$170) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — University Park village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — University Park village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — University Park village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — University Park village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — University Park village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — University Park village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — University Park village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: University Park Police Department (ORI IL0992000)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for University Park village, Illinois (place:76935, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .