What is the median rent in Eldorado, IL?
The median gross rent in Eldorado, IL is $657 (±$123) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 580 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Eldorado, the median gross rent went from $642 in 2015–2019 to $657 in 2020–2024 (+2.3%).
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
- $657 (±$123)
- Rented homes
- 580 (±126)
- $2,000 or more
- 1.7%
- Since 2015–2019
- +2.3%
How much rent costs in Eldorado
| Monthly gross rent | Eldorado | Saline County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 40.3% (±13.7 points) | 27.0% | 7.0% | 6.3% |
| $500 to $999 | 50.5% (±13.0 points) | 54.0% | 23.5% | 20.2% |
| $1,000 to $1,499 | 7.4% (±7.3 points) | 8.8% | 32.6% | 28.1% |
| $1,500 to $1,999 | 0.0% (±6.3 points) | 1.7% | 18.7% | 21.1% |
| $2,000 to $2,499 | 0.0% (±6.3 points) | 0.0% | 9.6% | 12.0% |
| $2,500 to $2,999 | 1.7% (±2.6 points) | 0.4% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±6.3 points) | 8.0% | 4.4% | 6.8% |
The most common range is $500 to $999, paid by 50.5% of renting households.
1.7% of rented homes in Eldorado cost $2,000 or more a month.
Eldorado against Saline County, its state and the nation
| Eldorado | Saline County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $657 (±$123) | $726 (±$60) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 580 (±126) | 2,370 (±300) | 1,587,238 (±10,609) | 42,849,984 |
In Eldorado, median gross rent is not measurably different from Saline County ($726).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
In Saline County, Eldorado ranks 10 of 14 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1857 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Eldorado has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $642 (±$73) | $657 (±$123) | +2.3% | No measurable change after inflation |
| Households that rent | 27.5% (±6.9 points) | 37.6% (±7.3 points) | +10.1 percentage points | Measurable increase |
| Rental vacancy rate | 8.2% (±8.0 points) | 0.0% (±5.1 points) | −8.2 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 Eldorado
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Eldorado | — | $657 (±$123) | — |
| East Eldorado Township | 0.9 mi | $668 (±$44) | Not measurably different |
| Raleigh | 5.0 mi | $600 (±$155) | Not measurably different |
| Muddy | 5.0 mi | $531 (±$64) | Not measurably different |
| North Fork Township | 6.6 mi | $438 (±$158) | Lower |
| Equality | 7.5 mi | $428 (±$97) | Lower |
| Harrisburg | 7.7 mi | $760 (±$78) | Not measurably different |
| Harrisburg Township | 7.8 mi | $754 (±$75) | Not measurably different |
| Omaha Township | 8.3 mi | $1,326 (±$426) | Higher |
Nearby places with a measurably lower figure: North Fork Township, IL ($438), Equality, IL ($428).
Nearby places with a measurably higher figure: Omaha Township, IL ($1,326).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Saline County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 4 | Brushy Township | $853 (±$8) |
| 5 | Stonefort | $766 (±$41) |
| 6 | Harrisburg | $760 (±$78) |
| 7 | Harrisburg Township | $754 (±$75) |
| 8 | Stonefort Township | $742 (±$66) |
| 9 | East Eldorado Township | $668 (±$44) |
| 10 | Eldorado | $657 (±$123) |
| 11 | Raleigh | $600 (±$155) |
| 12 | Muddy | $531 (±$64) |
| 13 (tie) | Carrier Mills | $478 (±$148) |
| 13 (tie) | Carrier Mills Township | $478 (±$148) |
Showing 11 of 14 places in Saline 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 Eldorado
What is the average rent in Eldorado, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Eldorado is $657 (±$123) 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 Eldorado?
In Eldorado, the median gross rent went from $642 in 2015–2019 to $657 in 2020–2024 (+2.3%).
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 Eldorado cost more than $2,000 a month?
1.7% of rented homes in Eldorado have a gross rent of $2,000 or more a month, and 40.3% cost less than $500.
Is rent in Eldorado higher than in Saline County?
In Eldorado, median gross rent is not measurably different from Saline County ($726).
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 — Eldorado city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Eldorado city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Eldorado 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 Eldorado city, Illinois (place:23009, 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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- Age of homes in Eldorado
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- Crime reported to police in Eldorado
- Population growth in Eldorado
- How long people stay in Eldorado
- Illinois landlord and tenant rules
- Housing across Saline County
- Illinois places ranked by median rent
- Housing data for every place in Illinois