What is the rental vacancy rate in Algonquin Township, IL?
The rental vacancy rate in Algonquin Township, IL is 4.8% (±2.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.4 points).
1,212 (±362) homes, 3.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Algonquin Township, the rental vacancy rate went from 4.4% in 2015–2019 to 4.8% in 2020–2024 (+0.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 4.8% (±2.8 points)
- Homeowner vacancy rate
- 0.5% (±0.4 points)
- Vacant homes
- 1,212 (±362)
Vacancy in Algonquin Township against McHenry County, its state and the nation
| Algonquin Township | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.8% (±2.8 points) | 2.9% (±1.2 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.4 points) | 0.5% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 1,212 (±362) | 3,735 (±567) | 421,003 (±7,877) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Algonquin Township, the rental vacancy rate is not measurably different from McHenry County (2.9%).
It is not measurably different from Illinois (5.0%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Algonquin Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Algonquin Township | — | 4.8% (±2.8 points) | — |
| Trout Valley | 1.4 mi | 20.0% (±52.6 points) | Not measurably different |
| Cary | 1.7 mi | 6.2% (±5.6 points) | Not measurably different |
| Lake in the Hills | 2.4 mi | 0.4% (±0.7 points) | Lower |
| Fox River Grove | 3.2 mi | 0.0% (±16.1 points) | Not measurably different |
| Algonquin | 3.6 mi | 7.7% (±8.1 points) | Not measurably different |
| Crystal Lake | 3.8 mi | 3.4% (±3.5 points) | Not measurably different |
| Oakwood Hills | 3.9 mi | 0.0% (±35.3 points) | Not measurably different |
| Prairie Grove | 5.2 mi | 0.0% (±60.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Lake in the Hills, IL (0.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across McHenry County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Alden Township | 46.5% (±48.1 points) |
| 2 | Johnsburg | 28.4% (±36.0 points) |
| 3 | Trout Valley | 20.0% (±52.6 points) |
| 4 | Algonquin | 7.7% (±8.1 points) |
| 5 | Cary | 6.2% (±5.6 points) |
| 6 | McHenry Township | 5.4% (±4.6 points) |
| 7 | Algonquin Township | 4.8% (±2.8 points) |
| 8 | Crystal Lake | 3.4% (±3.5 points) |
| 9 | Marengo | 2.7% (±4.5 points) |
| 10 | Marengo Township | 2.5% (±4.1 points) |
| 11 (tie) | McHenry | 2.3% (±3.6 points) |
| 11 (tie) | Richmond | 2.3% (±3.7 points) |
| 13 | Richmond Township | 2.2% (±3.5 points) |
Showing 13 of 45 places in McHenry County, ranked from highest to lowest.
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 Algonquin Township
Is it hard to find a rental in Algonquin Township?
The rental vacancy rate in Algonquin Township, IL is 4.8% (±2.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Algonquin Township tighter than it was?
In Algonquin Township, the rental vacancy rate went from 4.4% in 2015–2019 to 4.8% in 2020–2024 (+0.4 percentage points), not a measurable change.
How many homes are vacant in Algonquin Township?
An estimated 1,212 (±362) housing units, 3.6% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Algonquin township, McHenry County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Algonquin township, McHenry County, Illinois
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 Algonquin township, McHenry County, Illinois (county subdivision:00698, in state:17 county:111).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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 .
Related
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- Illinois landlord and tenant rules
- Housing across McHenry County
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- Housing data for every place in Illinois