What is the rental vacancy rate in Cherry Valley Township, IL?
The rental vacancy rate in Cherry Valley Township, IL is 2.6% (±2.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 1.1% (±1.0 points).
340 (±157) homes, 4.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Cherry Valley Township, the rental vacancy rate went from 7.2% in 2015–2019 to 2.6% in 2020–2024 (−4.6 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 2.6% (±2.2 points)
- Homeowner vacancy rate
- 1.1% (±1.0 points)
- Vacant homes
- 340 (±157)
Vacancy in Cherry Valley Township against Winnebago County, its state and the nation
| Cherry Valley Township | Winnebago County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.6% (±2.2 points) | 4.6% (±0.9 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 1.1% (±1.0 points) | 1.0% (±0.3 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 340 (±157) | 8,988 (±743) | 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 Cherry Valley Township, the rental vacancy rate is not measurably different from Winnebago County (4.6%).
It is also lower than in Illinois (5.0%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Cherry Valley Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Cherry Valley Township | — | 2.6% (±2.2 points) | — |
| Cherry Valley | 2.7 mi | 0.0% (±12.7 points) | Not measurably different |
| New Milford | 3.4 mi | 14.6% (±26.9 points) | Not measurably different |
| Flora Township | 5.3 mi | 0.0% (±17.0 points) | Not measurably different |
| Rockford Township | 5.4 mi | 5.0% (±1.0 points) | Not measurably different |
| Rockford | 5.5 mi | 5.2% (±1.1 points) | Higher |
| Monroe Township | 6.5 mi | 33.8% (±31.0 points) | Higher |
| Monroe Center | 6.8 mi | 0.0% (±54.6 points) | Not measurably different |
| Belvidere | 7.1 mi | 4.0% (±4.2 points) | Not measurably different |
Nearby places with a measurably higher figure: Rockford, IL (5.2%), Monroe Township, IL (33.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Winnebago County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 6 | Pecatonica Township | 6.6% (±10.3 points) |
| 7 | Rockton Township | 5.7% (±6.1 points) |
| 8 | Rockford | 5.2% (±1.1 points) |
| 9 | Rockford Township | 5.0% (±1.0 points) |
| 10 | Roscoe Township | 3.0% (±4.3 points) |
| 11 | Harlem Township (Winnebago County) | 2.8% (±2.0 points) |
| 12 | Cherry Valley Township | 2.6% (±2.2 points) |
| 13 | Loves Park | 2.4% (±2.1 points) |
| 14 (tie) | Machesney Park | 2.3% (±2.2 points) |
| 14 (tie) | Rockton | 2.3% (±4.0 points) |
| 16 | Roscoe | 2.2% (±3.5 points) |
| 17 | Durand | 2.1% (±3.7 points) |
| 18 | Durand Township | 1.3% (±2.3 points) |
Showing 13 of 24 places in Winnebago 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 Cherry Valley Township
Is it hard to find a rental in Cherry Valley Township?
The rental vacancy rate in Cherry Valley Township, IL is 2.6% (±2.2 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 Cherry Valley Township tighter than it was?
In Cherry Valley Township, the rental vacancy rate went from 7.2% in 2015–2019 to 2.6% in 2020–2024 (−4.6 percentage points), a measurable decrease.
How many homes are vacant in Cherry Valley Township?
An estimated 340 (±157) housing units, 4.0% 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 — Cherry Valley township, Winnebago County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Valley township, Winnebago 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 Cherry Valley township, Winnebago County, Illinois (county subdivision:13087, in state:17 county:201).
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
- Housing in Cherry Valley Township at a glance
- Median rent in Cherry Valley Township
- Rent by bedrooms in Cherry Valley Township
- Rent burden in Cherry Valley Township
- Renters and owners in Cherry Valley Township
- Income and affordability in Cherry Valley Township
- Home values in Cherry Valley Township
- Homeowner costs in Cherry Valley Township
- Property taxes in Cherry Valley Township
- Types of homes in Cherry Valley Township
- Bedrooms in Cherry Valley Township
- Age of homes in Cherry Valley Township
- Heating fuel in Cherry Valley Township
- Commute and cars in Cherry Valley Township
- Population growth in Cherry Valley Township
- How long people stay in Cherry Valley Township
- Crowding and facilities in Cherry Valley Township
- Illinois landlord and tenant rules
- Housing across Winnebago County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois