What is the median rent in Assumption, IL?
The median gross rent in Assumption, IL is $693 (±$232) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 184 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Assumption, the median gross rent went from $633 in 2015–2019 to $693 in 2020–2024 (+9.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $693 (±$232)
- Rented homes
- 184 (±98)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +9.5%
How much rent costs in Assumption
| Monthly gross rent | Assumption | Christian County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 9.8% (±8.7 points) | 17.0% | 7.0% | 6.3% |
| $500 to $999 | 83.7% (±13.3 points) | 65.8% | 23.5% | 20.2% |
| $1,000 to $1,499 | 2.7% (±4.2 points) | 12.1% | 32.6% | 28.1% |
| $1,500 to $1,999 | 3.8% (±6.0 points) | 2.1% | 18.7% | 21.1% |
| $2,000 to $2,499 | 0.0% (±18.3 points) | 0.6% | 9.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±18.3 points) | 0.0% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±18.3 points) | 2.4% | 4.4% | 6.8% |
The most common range is $500 to $999, paid by 83.7% of renting households.
0.0% of rented homes in Assumption cost $2,000 or more a month.
Assumption against Christian County, its state and the nation
| Assumption | Christian County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $693 (±$232) | $785 (±$50) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 184 (±98) | 2,946 (±301) | 1,587,238 (±10,609) | 42,849,984 |
In Assumption, median gross rent is not measurably different from Christian County ($785).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
In Christian County, Assumption ranks 19 of 24 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1771 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Assumption has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $633 (±$120) | $693 (±$232) | +9.5% | No measurable change after inflation |
| Households that rent | 20.4% (±6.7 points) | 35.8% (±11.7 points) | +15.4 percentage points | Measurable increase |
| Rental vacancy rate | 0.0% (±25.3 points) | 0.0% (±15.9 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Assumption
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Assumption | — | $693 (±$232) | — |
| Assumption Township | 1.8 mi | $693 (±$232) | Not measurably different |
| Moweaqua | 7.6 mi | $896 (±$99) | Not measurably different |
| Pana Township | 8.0 mi | $690 (±$66) | Not measurably different |
| Locust Township | 8.1 mi | $680 (±$40) | Not measurably different |
| Owaneco | 8.2 mi | $815 (±$270) | Not measurably different |
| Moweaqua Township | 8.8 mi | $842 (±$153) | Not measurably different |
| Pana | 8.8 mi | $684 (±$70) | Not measurably different |
| Tower Hill Township | 9.1 mi | $643 (±$179) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Christian County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 13 | Morrisonville | $796 (±$688) |
| 14 | Johnson Township (Christian County) | $768 (±$37) |
| 15 | Ricks Township | $766 (±$50) |
| 16 | Palmer | $740 (±$319) |
| 17 | Kincaid | $725 (±$173) |
| 18 | Bear Creek Township (Christian County) | $720 (±$193) |
| 19 (tie) | Assumption | $693 (±$232) |
| 19 (tie) | Assumption Township | $693 (±$232) |
| 21 | Pana Township | $690 (±$66) |
| 22 | Pana | $684 (±$70) |
| 23 | Locust Township | $680 (±$40) |
| 24 | King Township | $591 (±$265) |
Showing 12 of 24 places in Christian 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 Assumption
What is the average rent in Assumption, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Assumption is $693 (±$232) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Assumption?
In Assumption, the median gross rent went from $633 in 2015–2019 to $693 in 2020–2024 (+9.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Assumption cost more than $2,000 a month?
0.0% of rented homes in Assumption have a gross rent of $2,000 or more a month, and 9.8% cost less than $500.
Is rent in Assumption higher than in Christian County?
In Assumption, median gross rent is not measurably different from Christian County ($785).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Assumption city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Assumption city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Assumption city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Assumption city, Illinois (place:02609, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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
- Housing in Assumption at a glance
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- Income and affordability in Assumption
- Home values in Assumption
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- Types of homes in Assumption
- Bedrooms in Assumption
- Age of homes in Assumption
- Heating fuel in Assumption
- Commute and cars in Assumption
- Crime reported to police in Assumption
- Population growth in Assumption
- How long people stay in Assumption
- Illinois landlord and tenant rules
- Housing across Christian County
- Illinois places ranked by median rent
- Housing data for every place in Illinois