What is the median rent in Grant Township (Lake County), IL?
The median gross rent in Grant Township (Lake County), IL is $1,331 (±$145) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 2,578 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Grant Township (Lake County), the median gross rent went from $1,233 in 2015–2019 to $1,331 in 2020–2024 (+7.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $1,331 (±$145)
- Rented homes
- 2,578 (±533)
- $2,000 or more
- 10.0%
- Since 2015–2019
- +7.9%
How much rent costs in Grant Township (Lake County)
| Monthly gross rent | Grant Township (Lake County) | Lake County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 8.1% (±5.3 points) | 5.1% | 7.0% | 6.3% |
| $500 to $999 | 16.8% (±8.6 points) | 14.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 35.9% (±11.0 points) | 31.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 29.1% (±8.7 points) | 26.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 5.2% (±3.9 points) | 12.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 1.9% (±2.5 points) | 4.6% | 4.1% | 5.5% |
| $3,000 or more | 2.9% (±3.0 points) | 5.3% | 4.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 35.9% of renting households.
10.0% of rented homes in Grant Township (Lake County) cost $2,000 or more a month.
Grant Township (Lake County) against Lake County, its state and the nation
| Grant Township (Lake County) | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,331 (±$145) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 2,578 (±533) | 62,163 (±1,559) | 1,587,238 (±10,609) | 42,849,984 |
In Grant Township (Lake County), median gross rent is not measurably different from Lake County ($1,477).
It is not measurably different from Illinois ($1,274).
It is not measurably different from the national figure ($1,413).
In Lake County, Grant Township (Lake County) ranks 52 of 64 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 332 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Grant Township (Lake County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,233 (±$67) | $1,331 (±$145) | +7.9% | Down after inflation |
| Households that rent | 24.5% (±3.3 points) | 24.6% (±4.5 points) | +0.1 percentage points | Not a measurable change |
| Rental vacancy rate | 5.3% (±4.1 points) | 3.3% (±2.8 points) | −2.0 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 Grant Township (Lake County)
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Grant Township (Lake County) | — | $1,331 (±$145) | — |
| Long Lake | 1.7 mi | $1,530 (±$615) | Not measurably different |
| Volo | 2.8 mi | $2,169 (±$208) | Higher |
| Round Lake Heights | 3.0 mi | $1,453 (±$143) | Not measurably different |
| Lakemoor | 3.0 mi | $1,726 (±$32) | Higher |
| Pistakee Highlands | 3.4 mi | $1,906 (±$871) | Not measurably different |
| Fox Lake Hills | 3.5 mi | $1,390 (±$437) | Not measurably different |
| Round Lake | 3.5 mi | $1,710 (±$311) | Higher |
| Fox Lake | 4.2 mi | $1,047 (±$94) | Lower |
Nearby places with a measurably lower figure: Fox Lake, IL ($1,047).
Nearby places with a measurably higher figure: Volo, IL ($2,169), Lakemoor, IL ($1,726), Round Lake, IL ($1,710).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lake County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 46 | Round Lake Park | $1,402 (±$161) |
| 47 | Fox Lake Hills | $1,390 (±$437) |
| 48 | Wauconda | $1,371 (±$113) |
| 49 | Newport Township | $1,359 (±$487) |
| 50 | Green Oaks | $1,356 (±$1,316) |
| 51 | Benton Township (Lake County) | $1,332 (±$74) |
| 52 | Grant Township (Lake County) | $1,331 (±$145) |
| 53 | Winthrop Harbor | $1,313 (±$175) |
| 54 | Beach Park | $1,254 (±$312) |
| 55 | Hainesville | $1,225 (±$207) |
| 56 | Waukegan | $1,205 (±$38) |
| 57 (tie) | Zion | $1,186 (±$96) |
| 57 (tie) | Zion Township | $1,186 (±$96) |
Showing 13 of 64 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 Grant Township (Lake County)
What is the average rent in Grant Township (Lake County), IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Grant Township (Lake County) is $1,331 (±$145) 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 Grant Township (Lake County)?
In Grant Township (Lake County), the median gross rent went from $1,233 in 2015–2019 to $1,331 in 2020–2024 (+7.9%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Grant Township (Lake County) cost more than $2,000 a month?
10.0% of rented homes in Grant Township (Lake County) have a gross rent of $2,000 or more a month, and 8.1% cost less than $500.
Is rent in Grant Township (Lake County) higher than in Lake County?
In Grant Township (Lake County), median gross rent is not measurably different from Lake County ($1,477).
It is not measurably different from Illinois ($1,274).
It is not measurably different from 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 — Grant township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grant township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Grant township, Lake County, 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 Grant township, Lake County, Illinois (county subdivision:30952, 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 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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- Home values in Grant Township (Lake County)
- Homeowner costs in Grant Township (Lake County)
- Property taxes in Grant Township (Lake County)
- Types of homes in Grant Township (Lake County)
- Bedrooms in Grant Township (Lake County)
- Age of homes in Grant Township (Lake County)
- Vacancy rate in Grant Township (Lake County)
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- Commute and cars in Grant Township (Lake County)
- Population growth in Grant Township (Lake County)
- How long people stay in Grant Township (Lake County)
- Crowding and facilities in Grant Township (Lake County)
- Fair Market Rent in Grant Township (Lake County)
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by median rent
- Housing data for every place in Illinois