What is the median rent in Cherry Valley, IL?
The median gross rent in Cherry Valley, IL is $1,024 (±$184) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 265 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cherry Valley, the median gross rent went from $739 in 2015–2019 to $1,024 in 2020–2024 (+38.6%).
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
- $1,024 (±$184)
- Rented homes
- 265 (±117)
- $2,000 or more
- 15.8%
- Since 2015–2019
- +38.6%
How much rent costs in Cherry Valley
| Monthly gross rent | Cherry Valley | Winnebago County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±13.2 points) | 8.5% | 7.0% | 6.3% |
| $500 to $999 | 46.8% (±21.8 points) | 39.5% | 23.5% | 20.2% |
| $1,000 to $1,499 | 37.4% (±27.7 points) | 37.7% | 32.6% | 28.1% |
| $1,500 to $1,999 | 0.0% (±13.2 points) | 10.1% | 18.7% | 21.1% |
| $2,000 to $2,499 | 0.0% (±13.2 points) | 2.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 4.9% (±8.2 points) | 0.6% | 4.1% | 5.5% |
| $3,000 or more | 10.9% (±16.3 points) | 1.1% | 4.4% | 6.8% |
The most common range is $500 to $999, paid by 46.8% of renting households.
15.8% of rented homes in Cherry Valley cost $2,000 or more a month.
Cherry Valley against Winnebago County, its state and the nation
| Cherry Valley | Winnebago County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,024 (±$184) | $1,021 (±$19) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 265 (±117) | 37,857 (±1,161) | 1,587,238 (±10,609) | 42,849,984 |
In Cherry Valley, median gross rent is not measurably different from Winnebago County ($1,021).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
In Winnebago County, Cherry Valley ranks 11 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 694 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cherry Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $739 (±$115) | $1,024 (±$184) | +38.6% | No measurable change after inflation |
| Households that rent | 29.5% (±6.5 points) | 18.7% (±7.2 points) | −10.8 percentage points | Measurable decrease |
| Rental vacancy rate | 7.5% (±10.7 points) | 0.0% (±12.7 points) | −7.5 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 Cherry Valley
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cherry Valley | — | $1,024 (±$184) | — |
| Cherry Valley Township | 2.7 mi | $960 (±$32) | Not measurably different |
| Flora Township | 4.8 mi | $1,704 (±$405) | Higher |
| Rockford | 4.8 mi | $985 (±$19) | Not measurably different |
| Belvidere | 4.9 mi | $991 (±$68) | Not measurably different |
| Rockford Township | 5.2 mi | $994 (±$19) | Not measurably different |
| Belvidere Township | 5.4 mi | $974 (±$68) | Not measurably different |
| New Milford | 5.8 mi | $744 (±$330) | Not measurably different |
| Loves Park | 7.2 mi | $1,120 (±$41) | Not measurably different |
Nearby places with a measurably higher figure: Flora Township, IL ($1,704).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Winnebago County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 5 | Winnebago Township | $1,134 (±$329) |
| 6 | Loves Park | $1,120 (±$41) |
| 7 | Machesney Park | $1,102 (±$59) |
| 8 | Pecatonica Township | $1,064 (±$166) |
| 9 | Shirland Township | $1,063 (±$639) |
| 10 | Pecatonica | $1,038 (±$311) |
| 11 | Cherry Valley | $1,024 (±$184) |
| 12 | Rockford Township | $994 (±$19) |
| 13 | Winnebago | $992 (±$173) |
| 14 | Rockford | $985 (±$19) |
| 15 | South Beloit | $972 (±$114) |
| 16 | Cherry Valley Township | $960 (±$32) |
| 17 | Rockton Township | $932 (±$133) |
Showing 13 of 21 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
What is the average rent in Cherry Valley, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Cherry Valley is $1,024 (±$184) 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 Cherry Valley?
In Cherry Valley, the median gross rent went from $739 in 2015–2019 to $1,024 in 2020–2024 (+38.6%).
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 Cherry Valley cost more than $2,000 a month?
15.8% of rented homes in Cherry Valley have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Cherry Valley higher than in Winnebago County?
In Cherry Valley, median gross rent is not measurably different from Winnebago County ($1,021).
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 — Cherry Valley village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Valley village, 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 Cherry Valley village, Illinois (place:13074, 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
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- Renters and owners in Cherry Valley
- Income and affordability in Cherry Valley
- Home values in Cherry Valley
- Homeowner costs in Cherry Valley
- Property taxes in Cherry Valley
- Types of homes in Cherry Valley
- Bedrooms in Cherry Valley
- Age of homes in Cherry Valley
- Heating fuel in Cherry Valley
- Commute and cars in Cherry Valley
- Crime reported to police in Cherry Valley
- Population growth in Cherry Valley
- How long people stay in Cherry Valley
- Illinois landlord and tenant rules
- Housing across Winnebago County
- Illinois places ranked by median rent
- Housing data for every place in Illinois