Kendall County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Kendall County IL was $1,165 in 2017 according to the Census ACS survey.1 Average gross rent in Kendall County was $1,205 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Kendall County median and average rent data will be released in September of 2019.
Data is also available below for Kendall County rental vacancy rates, Kendall County rent as a percent of median income and the fraction of renters in Kendall County.
Real Gross Rent in Kendall County Illinois (2017 dollars)2
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Illinois Median Gross Rent | $1,020 | +0.69% | +2.51% |
Kendall County IL Median Gross Rent | — | — | — |
Kendall County IL Real Gross Rent Trends
Median gross rent for Kendall County peaked in real terms in 2015 at $1,454 and is now $253 (17.40%) lower. Average gross rent for Kendall County peaked in real terms in 2009 at $1,329 and is now $87 (6.55%) lower.
Real Gross Rent: Kendall County IL Median, Kendall County IL Average, Illinois Median, US Median
Real Gross Rent History for Kendall County
Date | US Median |
Illinois Median |
Kendall County IL Median |
Kendall County IL Average |
---|---|---|---|---|
2019 | $1,097 | $1,020 | — | — |
2018 | $1,077 | $1,013 | — | — |
2017 | $1,043 | $1,004 | $1,201 | $1,242 |
2016 | $1,027 | $995 | $1,110 | $1,172 |
2015 | $1,017 | $993 | $1,454 | $1,269 |
2014 | $986 | $955 | $1,182 | $1,193 |
2013 | $953 | $932 | $1,219 | $1,269 |
2012 | $940 | $923 | $1,179 | $1,250 |
2011 | $941 | $928 | — | — |
2010 | $955 | $948 | $1,198 | $1,152 |
2009 | $960 | $944 | $1,382 | $1,329 |
2007 | $927 | $920 | $1,257 | $1,176 |
2005 | $910 | $918 | $921 | $1,003 |
Historical Rental Vacancy Rate data for Kendall County
Date | US | Illinois | Kendall County IL |
---|---|---|---|
2019 | 5.97% | 5.65% | — |
2018 | 6.15% | 6.32% | — |
2017 | 6.18% | 7.02% | — |
2016 | 5.89% | 6.01% | — |
2015 | 5.85% | 6.21% | — |
2014 | 6.32% | 6.53% | — |
2013 | 6.49% | 6.16% | — |
2012 | 6.77% | 6.39% | — |
2011 | 7.40% | 7.35% | — |
2010 | 8.17% | 7.66% | — |
2009 | 8.43% | 7.84% | — |
2007 | 7.87% | 7.69% | — |
2005 | 7.74% | 9.45% | — |
Rent as a Fraction of Income
Using median household income data for Kendall County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kendall County, median monthly gross rent as a fraction of median household income was 17.80% in 2019 according to the ACS.
Kendall County Illinois Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Illinois | 17.69% | -0.67% | -1.01% |
Kendall County IL | 17.80% | -2.97% | +3.74% |
Trends in Kendall County IL Rent as a Fraction of Income
The fraction of median Kendall County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 20.77%. Since then it has fallen by 2.97% to 17.80%.
Fraction of Income towards Rent: Kendall County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Kendall County Illinois
Date | US | Illinois | Kendall County IL |
---|---|---|---|
2019 | 20.03% | 17.69% | 17.80% |
2018 | 20.50% | 18.36% | 20.77% |
2017 | 20.13% | 18.55% | 15.32% |
2016 | 20.43% | 18.70% | 14.06% |
2015 | 20.63% | 18.85% | 19.13% |
2014 | 20.89% | 18.91% | 14.92% |
2013 | 20.78% | 18.89% | 18.56% |
2012 | 20.65% | 18.89% | 17.19% |
2011 | 20.70% | 19.36% | 16.65% |
2010 | 20.50% | 19.21% | 16.50% |
2009 | 20.12% | 18.41% | 17.79% |
2007 | 18.66% | 17.36% | 16.89% |
2005 | 18.89% | 17.52% | 12.72% |
Renter Fraction in Kendall County Illinois
You can calculate the renter fraction in Kendall County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Kendall County as a fraction of total Kendall County households. In 2019 12.02% of households were renters according to Census ACS data.
Kendall County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Illinois | 33.99% | -0.02% | -0.75% |
Kendall County IL | 12.02% | -3.19% | -5.73% |
Trends in the Kendall County IL Renter Fraction
The Kendall County household renter fraction peaked in in 2013 at 20.06% and is now 8.04% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Kendall County IL, Illinois, US
History of Kendall County Renter Fraction
Date | US | Illinois | Kendall County IL |
---|---|---|---|
2019 | 35.89% | 33.99% | 12.02% |
2018 | 36.05% | 34.01% | 15.21% |
2017 | 36.13% | 33.82% | 18.70% |
2016 | 36.88% | 34.74% | 17.75% |
2015 | 36.97% | 34.72% | 16.70% |
2014 | 36.90% | 34.51% | 15.63% |
2013 | 36.50% | 34.06% | 20.06% |
2012 | 36.09% | 33.40% | 16.88% |
2011 | 35.42% | 32.65% | 9.31% |
2010 | 34.65% | 32.27% | 18.93% |
2009 | 34.13% | 32.00% | 14.78% |
2007 | 32.80% | 29.94% | 12.34% |
2005 | 33.10% | 30.13% | 14.82% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩