What is the rental vacancy rate in Grant Township (Lake County), IL?
The rental vacancy rate in Grant Township (Lake County), IL is 3.3% (±2.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 2.3% (±1.7 points).
763 (±240) homes, 6.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Grant Township (Lake County), the rental vacancy rate went from 5.3% in 2015–2019 to 3.3% in 2020–2024 (−2.0 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 3.3% (±2.8 points)
- Homeowner vacancy rate
- 2.3% (±1.7 points)
- Vacant homes
- 763 (±240)
Vacancy in Grant Township (Lake County) against Lake County, its state and the nation
| Grant Township (Lake County) | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 3.3% (±2.8 points) | 3.7% (±0.7 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 2.3% (±1.7 points) | 0.9% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 763 (±240) | 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 Grant Township (Lake County), 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 Grant Township (Lake County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Grant Township (Lake County) | — | 3.3% (±2.8 points) | — |
| Long Lake | 1.7 mi | 0.0% (±17.2 points) | Not measurably different |
| Volo | 2.8 mi | 0.0% (±8.8 points) | Not measurably different |
| Round Lake Heights | 3.0 mi | 0.0% (±17.4 points) | Not measurably different |
| Lakemoor | 3.0 mi | 0.0% (±4.2 points) | Not measurably different |
| Pistakee Highlands | 3.4 mi | 0.0% (±24.1 points) | Not measurably different |
| Fox Lake Hills | 3.5 mi | 0.0% (±33.7 points) | Not measurably different |
| Round Lake | 3.5 mi | 6.0% (±8.2 points) | Not measurably different |
| Fox Lake | 4.2 mi | 5.1% (±4.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 27 | Vernon Hills | 4.2% (±3.7 points) |
| 28 | Fremont Township | 4.0% (±6.3 points) |
| 29 | Ela Township | 3.9% (±2.7 points) |
| 30 | Avon Township | 3.6% (±2.8 points) |
| 31 (tie) | Zion | 3.4% (±2.5 points) |
| 31 (tie) | Zion Township | 3.4% (±2.5 points) |
| 33 | Grant Township (Lake County) | 3.3% (±2.8 points) |
| 34 (tie) | Warren Township (Lake County) | 3.0% (±1.6 points) |
| 34 (tie) | Waukegan Township | 3.0% (±1.0 points) |
| 36 | Wauconda | 2.8% (±4.4 points) |
| 37 | Wauconda Township | 2.7% (±3.2 points) |
| 38 | Highwood | 2.5% (±4.3 points) |
| 39 | Gurnee | 2.4% (±2.7 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 Grant Township (Lake County)
Is it hard to find a rental in Grant Township (Lake County)?
The rental vacancy rate in Grant Township (Lake County), IL is 3.3% (±2.8 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 Grant Township (Lake County) tighter than it was?
In Grant Township (Lake County), the rental vacancy rate went from 5.3% in 2015–2019 to 3.3% in 2020–2024 (−2.0 percentage points), not a measurable change.
How many homes are vacant in Grant Township (Lake County)?
An estimated 763 (±240) housing units, 6.5% 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 — Grant township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Grant township, Lake 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 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 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 Grant Township (Lake County) at a glance
- Median rent in Grant Township (Lake County)
- Rent by bedrooms in Grant Township (Lake County)
- Rent burden in Grant Township (Lake County)
- Renters and owners in Grant Township (Lake County)
- Income and affordability in Grant Township (Lake County)
- 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)
- Heating fuel in Grant Township (Lake County)
- 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 rental vacancy rate
- Housing data for every place in Illinois