Winnebago County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Winnebago County IL was $835 in 2019 according to the Census ACS survey.1 Average gross rent in Winnebago County was $835 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 Winnebago County median and average rent data will be released in September of 2021.
Data is also available below for Winnebago County rental vacancy rates, Winnebago County rent as a percent of median income and the fraction of renters in Winnebago County.
Real Gross Rent in Winnebago 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% |
| Winnebago County IL Median Gross Rent | $835 | +2.96% | +9.01% |
Winnebago County IL Real Gross Rent Trends
At $835, real median gross rent in Winnebago County was at its highest level in 2019 since the series began in 2005. At $835, real average gross rent in Winnebago County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Winnebago County IL Median, Winnebago County IL Average, Illinois Median, US Median
Real Gross Rent History for Winnebago County
| Date | US Median |
Illinois Median |
Winnebago County IL Median |
Winnebago County IL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,020 | $835 | $835 |
| 2018 | $1,077 | $1,013 | $811 | $823 |
| 2017 | $1,043 | $1,004 | $784 | $791 |
| 2016 | $1,027 | $995 | $766 | $772 |
| 2015 | $1,017 | $993 | $781 | $780 |
| 2014 | $986 | $955 | $766 | $801 |
| 2013 | $953 | $932 | $760 | $779 |
| 2012 | $940 | $923 | $761 | $771 |
| 2011 | $941 | $928 | $807 | $825 |
| 2010 | $955 | $948 | $771 | $752 |
| 2009 | $960 | $944 | $761 | $790 |
| 2007 | $927 | $920 | $778 | $778 |
| 2005 | $910 | $918 | $731 | $746 |
Winnebago 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 Winnebago County Illinois was 10.04% according to Census ACS data.
Rental Vacancy Rate in Winnebago County Illinois
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Illinois | 5.65% | -0.67% | -0.36% |
| Winnebago County IL | — | — | — |
Trends in Winnebago County IL Rental Vacancy Rate
The rental vacancy rate in Winnebago County peaked in 2005 at 14.54%. Since then it has fallen by 4.50% to 10.04%. Data records for this series originated in 2005. From a 2009 post peak low of 1.78%, the rental vacancy rate has increased by 8.26%.
Rental Vacancy Rate: Winnebago County IL, Illinois, US
Historical Rental Vacancy Rate data for Winnebago County
| Date | US | Illinois | Winnebago County IL |
|---|---|---|---|
| 2019 | 5.97% | 5.65% | — |
| 2018 | 6.15% | 6.32% | 10.04% |
| 2017 | 6.18% | 7.02% | 6.27% |
| 2016 | 5.89% | 6.01% | 3.91% |
| 2015 | 5.85% | 6.21% | 6.22% |
| 2014 | 6.32% | 6.53% | 5.98% |
| 2013 | 6.49% | 6.16% | 6.35% |
| 2012 | 6.77% | 6.39% | 7.88% |
| 2011 | 7.40% | 7.35% | 8.82% |
| 2010 | 8.17% | 7.66% | 2.09% |
| 2009 | 8.43% | 7.84% | 1.78% |
| 2007 | 7.87% | 7.69% | 5.13% |
| 2005 | 7.74% | 9.45% | 14.54% |
Rent as a Fraction of Income
Using median household income data for Winnebago County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Winnebago County, median monthly gross rent as a fraction of median household income was 16.85% in 2019 according to the ACS.
Winnebago 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% |
| Winnebago County IL | 16.85% | -1.08% | -0.80% |
Trends in Winnebago County IL Rent as a Fraction of Income
The fraction of median Winnebago County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 20.56%. Since then it has fallen by 3.71% to 16.85%.
Fraction of Income towards Rent: Winnebago County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Winnebago County Illinois
| Date | US | Illinois | Winnebago County IL |
|---|---|---|---|
| 2019 | 20.03% | 17.69% | 16.85% |
| 2018 | 20.50% | 18.36% | 17.93% |
| 2017 | 20.13% | 18.55% | 17.10% |
| 2016 | 20.43% | 18.70% | 17.66% |
| 2015 | 20.63% | 18.85% | 17.81% |
| 2014 | 20.89% | 18.91% | 18.49% |
| 2013 | 20.78% | 18.89% | 18.46% |
| 2012 | 20.65% | 18.89% | 17.46% |
| 2011 | 20.70% | 19.36% | 20.56% |
| 2010 | 20.50% | 19.21% | 18.91% |
| 2009 | 20.12% | 18.41% | 18.32% |
| 2007 | 18.66% | 17.36% | 16.52% |
| 2005 | 18.89% | 17.52% | 16.16% |
Renter Fraction in Winnebago County Illinois
You can calculate the renter fraction in Winnebago 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 Winnebago County as a fraction of total Winnebago County households. In 2019 35.01% of households were renters according to Census ACS data.
Winnebago 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% |
| Winnebago County IL | 35.01% | +1.41% | -2.54% |
Trends in the Winnebago County IL Renter Fraction
The Winnebago County household renter fraction peaked in in 2016 at 37.55% and is now 2.54% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Winnebago County IL, Illinois, US
History of Winnebago County Renter Fraction
| Date | US | Illinois | Winnebago County IL |
|---|---|---|---|
| 2019 | 35.89% | 33.99% | 35.01% |
| 2018 | 36.05% | 34.01% | 33.60% |
| 2017 | 36.13% | 33.82% | 32.75% |
| 2016 | 36.88% | 34.74% | 37.55% |
| 2015 | 36.97% | 34.72% | 33.69% |
| 2014 | 36.90% | 34.51% | 36.29% |
| 2013 | 36.50% | 34.06% | 33.13% |
| 2012 | 36.09% | 33.40% | 34.31% |
| 2011 | 35.42% | 32.65% | 32.57% |
| 2010 | 34.65% | 32.27% | 31.82% |
| 2009 | 34.13% | 32.00% | 33.01% |
| 2007 | 32.80% | 29.94% | 27.66% |
| 2005 | 33.10% | 30.13% | 27.78% |
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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