What is the rental vacancy rate in Elgin Township, IL?
The rental vacancy rate in Elgin Township, IL is 3.0% (±1.1 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.6% (±0.5 points).
945 (±251) homes, 2.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Elgin Township, the rental vacancy rate went from 4.1% in 2015–2019 to 3.0% in 2020–2024 (−1.1 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 3.0% (±1.1 points)
- Homeowner vacancy rate
- 0.6% (±0.5 points)
- Vacant homes
- 945 (±251)
Vacancy in Elgin Township against Kane County, its state and the nation
| Elgin Township | Kane County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.0% (±1.1 points) | 3.1% (±0.7 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.6% (±0.5 points) | 0.7% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 945 (±251) | 6,215 (±784) | 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 Elgin Township, the rental vacancy rate is not measurably different from Kane County (3.1%).
It is also lower than in Illinois (5.0%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Elgin Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Elgin Township | — | 3.0% (±1.1 points) | — |
| Elgin | 1.0 mi | 2.9% (±1.1 points) | Not measurably different |
| South Elgin | 2.5 mi | 0.0% (±2.0 points) | Lower |
| Sleepy Hollow | 4.4 mi | 0.0% (±34.7 points) | Not measurably different |
| West Dundee | 5.5 mi | 1.9% (±3.0 points) | Not measurably different |
| St. Charles Township | 5.8 mi | 3.7% (±3.1 points) | Not measurably different |
| Hanover Township (Cook County) | 5.9 mi | 0.5% (±0.5 points) | Lower |
| Plato Township | 5.9 mi | 0.0% (±11.2 points) | Not measurably different |
| Dundee Township | 5.9 mi | 0.7% (±0.8 points) | Lower |
Nearby places with a measurably lower figure: South Elgin, IL (0.0%), Hanover Township (Cook County), IL (0.5%), Dundee Township, IL (0.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Kane County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 7 | Geneva Township | 7.0% (±3.9 points) |
| 8 | St. Charles | 4.1% (±3.4 points) |
| 9 | St. Charles Township | 3.7% (±3.1 points) |
| 10 (tie) | Aurora | 3.2% (±1.1 points) |
| 10 (tie) | Batavia Township | 3.2% (±3.3 points) |
| 12 (tie) | Aurora Township | 3.0% (±1.3 points) |
| 12 (tie) | Elgin Township | 3.0% (±1.1 points) |
| 14 | Elgin | 2.9% (±1.1 points) |
| 15 | Rutland Township (Kane County) | 2.5% (±4.0 points) |
| 16 | North Aurora | 2.0% (±2.0 points) |
| 17 | West Dundee | 1.9% (±3.0 points) |
| 18 | Dundee Township | 0.7% (±0.8 points) |
| 19 (tie) | Batavia | 0.0% (±1.5 points) |
Showing 13 of 41 places in Kane 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 Elgin Township
Is it hard to find a rental in Elgin Township?
The rental vacancy rate in Elgin Township, IL is 3.0% (±1.1 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 Elgin Township tighter than it was?
In Elgin Township, the rental vacancy rate went from 4.1% in 2015–2019 to 3.0% in 2020–2024 (−1.1 percentage points), not a measurable change.
How many homes are vacant in Elgin Township?
An estimated 945 (±251) housing units, 2.5% 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 — Elgin township, Kane County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Elgin township, Kane 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 Elgin township, Kane County, Illinois (county subdivision:23087, in state:17 county:089).
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 Elgin Township at a glance
- Median rent in Elgin Township
- Rent by bedrooms in Elgin Township
- Rent burden in Elgin Township
- Renters and owners in Elgin Township
- Income and affordability in Elgin Township
- Home values in Elgin Township
- Homeowner costs in Elgin Township
- Property taxes in Elgin Township
- Types of homes in Elgin Township
- Bedrooms in Elgin Township
- Age of homes in Elgin Township
- Heating fuel in Elgin Township
- Commute and cars in Elgin Township
- Population growth in Elgin Township
- How long people stay in Elgin Township
- Crowding and facilities in Elgin Township
- Fair Market Rent in Elgin Township
- Illinois landlord and tenant rules
- Housing across Kane County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois