Sangamon County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Sangamon County IL was $812 in 2019 according to the Census ACS survey.1 Average gross rent in Sangamon County was $808 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 Sangamon County median and average rent data will be released in September of 2021.
Data is also available below for Sangamon County rental vacancy rates, Sangamon County rent as a percent of median income and the fraction of renters in Sangamon County.
Real Gross Rent in Sangamon 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% |
| Sangamon County IL Median Gross Rent | $812 | -4.81% | +2.01% |
Sangamon County IL Real Gross Rent Trends
Median gross rent for Sangamon County peaked in real terms in 2018 at $853 and is now $41 (4.81%) lower. Average gross rent for Sangamon County peaked in real terms in 2018 at $860 and is now $52 (6.05%) lower.
Real Gross Rent: Sangamon County IL Median, Sangamon County IL Average, Illinois Median, US Median
Real Gross Rent History for Sangamon County
| Date | US Median |
Illinois Median |
Sangamon County IL Median |
Sangamon County IL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,020 | $812 | $808 |
| 2018 | $1,077 | $1,013 | $853 | $860 |
| 2017 | $1,043 | $1,004 | $827 | $831 |
| 2016 | $1,027 | $995 | $796 | $805 |
| 2015 | $1,017 | $993 | $798 | $805 |
| 2014 | $986 | $955 | $783 | $790 |
| 2013 | $953 | $932 | $787 | $759 |
| 2012 | $940 | $923 | $750 | $739 |
| 2011 | $941 | $928 | $779 | $766 |
| 2010 | $955 | $948 | $742 | $725 |
| 2009 | $960 | $944 | $782 | $778 |
| 2007 | $927 | $920 | $760 | $764 |
| 2005 | $910 | $918 | $680 | $678 |
Sangamon County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Sangamon County Illinois was 6.82% according to Census ACS data.
Rental Vacancy Rate in Sangamon County Illinois
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Illinois | 5.65% | -0.67% | -0.36% |
| Sangamon County IL | — | — | — |
Trends in Sangamon County IL Rental Vacancy Rate
The rental vacancy rate in Sangamon County peaked in 2008 at 12.60%. Since then it has fallen by 5.78% to 6.82%. Data records for this series originated in 2005. From a 2014 post peak low of 3.03%, the rental vacancy rate has increased by 3.79%.
Rental Vacancy Rate: Sangamon County IL, Illinois, US
Historical Rental Vacancy Rate data for Sangamon County
| Date | US | Illinois | Sangamon County IL |
|---|---|---|---|
| 2019 | 5.97% | 5.65% | — |
| 2018 | 6.15% | 6.32% | 6.82% |
| 2017 | 6.18% | 7.02% | 3.51% |
| 2016 | 5.89% | 6.01% | 7.92% |
| 2015 | 5.85% | 6.21% | 4.80% |
| 2014 | 6.32% | 6.53% | 3.03% |
| 2013 | 6.49% | 6.16% | 3.56% |
| 2012 | 6.77% | 6.39% | 4.42% |
| 2011 | 7.40% | 7.35% | — |
| 2010 | 8.17% | 7.66% | 4.58% |
| 2009 | 8.43% | 7.84% | 9.55% |
| 2007 | 7.87% | 7.69% | 4.46% |
| 2005 | 7.74% | 9.45% | 7.86% |
Rent as a Fraction of Income
Using median household income data for Sangamon County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sangamon County, median monthly gross rent as a fraction of median household income was 15.90% in 2019 according to the ACS.
Sangamon 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% |
| Sangamon County IL | 15.90% | -0.32% | -1.06% |
Trends in Sangamon County IL Rent as a Fraction of Income
The fraction of median Sangamon County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 16.96%. Since then it has fallen by 1.06% to 15.90%.
Fraction of Income towards Rent: Sangamon County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Sangamon County Illinois
| Date | US | Illinois | Sangamon County IL |
|---|---|---|---|
| 2019 | 20.03% | 17.69% | 15.90% |
| 2018 | 20.50% | 18.36% | 16.22% |
| 2017 | 20.13% | 18.55% | 15.64% |
| 2016 | 20.43% | 18.70% | 16.96% |
| 2015 | 20.63% | 18.85% | 15.67% |
| 2014 | 20.89% | 18.91% | 16.16% |
| 2013 | 20.78% | 18.89% | 16.20% |
| 2012 | 20.65% | 18.89% | 15.24% |
| 2011 | 20.70% | 19.36% | 16.94% |
| 2010 | 20.50% | 19.21% | 15.88% |
| 2009 | 20.12% | 18.41% | 15.60% |
| 2007 | 18.66% | 17.36% | 16.23% |
| 2005 | 18.89% | 17.52% | 14.16% |
Renter Fraction in Sangamon County Illinois
You can calculate the renter fraction in Sangamon 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 Sangamon County as a fraction of total Sangamon County households. In 2019 33.42% of households were renters according to Census ACS data.
Sangamon 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% |
| Sangamon County IL | 33.42% | +1.20% | +3.83% |
Trends in the Sangamon County IL Renter Fraction
At 33.42%, the 2019 household based renter fraction in Sangamon County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Sangamon County IL, Illinois, US
History of Sangamon County Renter Fraction
| Date | US | Illinois | Sangamon County IL |
|---|---|---|---|
| 2019 | 35.89% | 33.99% | 33.42% |
| 2018 | 36.05% | 34.01% | 32.22% |
| 2017 | 36.13% | 33.82% | 29.53% |
| 2016 | 36.88% | 34.74% | 29.59% |
| 2015 | 36.97% | 34.72% | 32.27% |
| 2014 | 36.90% | 34.51% | 31.99% |
| 2013 | 36.50% | 34.06% | 30.25% |
| 2012 | 36.09% | 33.40% | 29.21% |
| 2011 | 35.42% | 32.65% | 29.75% |
| 2010 | 34.65% | 32.27% | 31.70% |
| 2009 | 34.13% | 32.00% | 30.18% |
| 2007 | 32.80% | 29.94% | 29.63% |
| 2005 | 33.10% | 30.13% | 29.01% |
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. ↩
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