What is the rental vacancy rate in Ela Township, IL?

The rental vacancy rate in Ela Township, IL is 3.9% (±2.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.8% (±1.0 points).

436 (±202) homes, 2.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Ela Township, the rental vacancy rate went from 15.8% in 2015–2019 to 3.9% in 2020–2024 (−11.9 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
3.9% (±2.7 points)
Homeowner vacancy rate
0.8% (±1.0 points)
Vacant homes
436 (±202)

Vacancy in Ela Township against Lake County, its state and the nation

Estimate (90% margin of error)
Ela TownshipLake CountyIllinoisUnited States
Rental vacancy rate3.9% (±2.7 points)3.7% (±0.7 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.8% (±1.0 points)0.9% (±0.2 points)1.0% (±0.1 points)0.9%
Vacant housing units436 (±202)12,163 (±960)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 Ela Township, the rental vacancy rate is not measurably different from Lake County (3.7%).

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 Ela Township

Nearest places with a published estimate, compared with Ela Township
PlaceDistanceRental vacancy rateCompared with this place
Ela Township—3.9% (±2.7 points)—
Forest Lake1.2 mi0.0% (±31.2 points)Not measurably different
Kildeer1.2 mi0.0% (±71.2 points)Not measurably different
Lake Zurich1.3 mi0.0% (±2.3 points)Lower
Deer Park2.4 mi8.6% (±7.0 points)Not measurably different
Long Grove2.6 mi28.6% (±30.0 points)Not measurably different
Hawthorn Woods2.8 mi17.5% (±30.4 points)Not measurably different
North Barrington3.5 mi0.0% (±69.5 points)Not measurably different
Barrington4.6 mi2.6% (±4.1 points)Not measurably different

Nearby places with a measurably lower figure: Lake Zurich, IL (0.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Lake County, place by place

RankPlaceRental vacancy rate
23 (tie)Fox Lake5.1% (±4.3 points)
23 (tie)Libertyville Township5.1% (±2.5 points)
25Buffalo Grove5.0% (±3.5 points)
26Moraine Township4.7% (±4.2 points)
27Vernon Hills4.2% (±3.7 points)
28Fremont Township4.0% (±6.3 points)
29Ela Township3.9% (±2.7 points)
30Avon Township3.6% (±2.8 points)
31 (tie)Zion3.4% (±2.5 points)
31 (tie)Zion Township3.4% (±2.5 points)
33Grant Township (Lake County)3.3% (±2.8 points)
34 (tie)Warren Township (Lake County)3.0% (±1.6 points)
34 (tie)Waukegan Township3.0% (±1.0 points)

Showing 13 of 71 places in Lake 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 Ela Township

Is it hard to find a rental in Ela Township?

The rental vacancy rate in Ela Township, IL is 3.9% (±2.7 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 Ela Township tighter than it was?

In Ela Township, the rental vacancy rate went from 15.8% in 2015–2019 to 3.9% in 2020–2024 (−11.9 percentage points), a measurable decrease.

How many homes are vacant in Ela Township?

An estimated 436 (±202) housing units, 2.6% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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 Ela township, Lake County, Illinois (county subdivision:22853, in state:17 county:097).

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.

Request a Census API 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 .

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