Rock Island County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Rock Island County IL was $726 in 2019 according to the Census ACS survey.1 Average gross rent in Rock Island County was $756 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Rock Island County median and average rent data will be released in September of 2021.
Data is also available below for Rock Island County rental vacancy rates, Rock Island County rent as a percent of median income and the fraction of renters in Rock Island County.
Real Gross Rent in Rock Island County Illinois (2019 dollars)2
2019 | 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% |
Rock Island County IL Median Gross Rent | $726 | -9.81% | -1.22% |
Rock Island County IL Real Gross Rent Trends
Median gross rent for Rock Island County peaked in real terms in 2018 at $805 and is now $79 (9.81%) lower. Average gross rent for Rock Island County peaked in real terms in 2018 at $797 and is now $41 (5.14%) lower.
Real Gross Rent: Rock Island County IL Median, Rock Island County IL Average, Illinois Median, US Median
Real Gross Rent History for Rock Island County
Date | US Median |
Illinois Median |
Rock Island County IL Median |
Rock Island County IL Average |
---|---|---|---|---|
2019 | $1,097 | $1,020 | $726 | $756 |
2018 | $1,077 | $1,013 | $805 | $797 |
2017 | $1,043 | $1,004 | $742 | $764 |
2016 | $1,027 | $995 | $735 | $751 |
2015 | $1,017 | $993 | $714 | $722 |
2014 | $986 | $955 | $705 | $719 |
2013 | $953 | $932 | $709 | $716 |
2012 | $940 | $923 | $718 | $750 |
2011 | $941 | $928 | $701 | $726 |
2010 | $955 | $948 | $650 | $705 |
2009 | $960 | $944 | $661 | $686 |
2007 | $927 | $920 | $650 | $649 |
2005 | $910 | $918 | $675 | $666 |
Rock Island County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Rock Island County Illinois was 5.72% according to Census ACS data.
Rental Vacancy Rate in Rock Island County Illinois
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Illinois | 5.65% | -0.67% | -0.36% |
Rock Island County IL | 5.72% | — | -2.68% |
Trends in Rock Island County IL Rental Vacancy Rate
The rental vacancy rate in Rock Island County peaked in 2016 at 8.40%. Since then it has fallen by 2.68% to 5.72%. Data records for this series originated in 2005.
Rental Vacancy Rate: Rock Island County IL, Illinois, US
Historical Rental Vacancy Rate data for Rock Island County
Date | US | Illinois | Rock Island County IL |
---|---|---|---|
2019 | 5.97% | 5.65% | 5.72% |
2018 | 6.15% | 6.32% | — |
2017 | 6.18% | 7.02% | 8.01% |
2016 | 5.89% | 6.01% | 8.40% |
2015 | 5.85% | 6.21% | — |
2014 | 6.32% | 6.53% | — |
2013 | 6.49% | 6.16% | — |
2012 | 6.77% | 6.39% | 2.30% |
2011 | 7.40% | 7.35% | 6.30% |
2010 | 8.17% | 7.66% | 3.16% |
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 Rock Island County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Rock Island County, median monthly gross rent as a fraction of median household income was 14.94% in 2019 according to the ACS.
Rock Island 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% |
Rock Island County IL | 14.94% | -3.26% | -1.59% |
Trends in Rock Island County IL Rent as a Fraction of Income
The fraction of median Rock Island County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 18.20%. Since then it has fallen by 3.26% to 14.94%.
Fraction of Income towards Rent: Rock Island County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Rock Island County Illinois
Date | US | Illinois | Rock Island County IL |
---|---|---|---|
2019 | 20.03% | 17.69% | 14.94% |
2018 | 20.50% | 18.36% | 18.20% |
2017 | 20.13% | 18.55% | 16.71% |
2016 | 20.43% | 18.70% | 16.53% |
2015 | 20.63% | 18.85% | 15.98% |
2014 | 20.89% | 18.91% | 16.79% |
2013 | 20.78% | 18.89% | 16.77% |
2012 | 20.65% | 18.89% | 16.10% |
2011 | 20.70% | 19.36% | 17.86% |
2010 | 20.50% | 19.21% | 15.52% |
2009 | 20.12% | 18.41% | 14.06% |
2007 | 18.66% | 17.36% | 14.74% |
2005 | 18.89% | 17.52% | 15.67% |
Renter Fraction in Rock Island County Illinois
You can calculate the renter fraction in Rock Island 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 Rock Island County as a fraction of total Rock Island County households. In 2019 34.94% of households were renters according to Census ACS data.
Rock Island 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% |
Rock Island County IL | 34.94% | +6.02% | +4.52% |
Trends in the Rock Island County IL Renter Fraction
At 34.94%, the 2019 household based renter fraction in Rock Island County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Rock Island County IL, Illinois, US
History of Rock Island County Renter Fraction
Date | US | Illinois | Rock Island County IL |
---|---|---|---|
2019 | 35.89% | 33.99% | 34.94% |
2018 | 36.05% | 34.01% | 28.92% |
2017 | 36.13% | 33.82% | 32.38% |
2016 | 36.88% | 34.74% | 30.42% |
2015 | 36.97% | 34.72% | 30.80% |
2014 | 36.90% | 34.51% | 31.28% |
2013 | 36.50% | 34.06% | 32.21% |
2012 | 36.09% | 33.40% | 30.45% |
2011 | 35.42% | 32.65% | 29.41% |
2010 | 34.65% | 32.27% | 27.87% |
2009 | 34.13% | 32.00% | 30.30% |
2007 | 32.80% | 29.94% | 28.94% |
2005 | 33.10% | 30.13% | 26.16% |
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. ↩