What is the rental vacancy rate in Hanover Township (Cook County), IL?

The rental vacancy rate in Hanover Township (Cook County), IL is 0.5% (±0.5 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.5% (±0.3 points).

1,127 (±274) homes, 3.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Hanover Township (Cook County), the rental vacancy rate went from 2.5% in 2015–2019 to 0.5% in 2020–2024 (−2.0 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
0.5% (±0.5 points)
Homeowner vacancy rate
0.5% (±0.3 points)
Vacant homes
1,127 (±274)

Vacancy in Hanover Township (Cook County) against Cook County, its state and the nation

Estimate (90% margin of error)
Hanover Township (Cook County)Cook CountyIllinoisUnited States
Rental vacancy rate0.5% (±0.5 points)4.5% (±0.2 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.5% (±0.3 points)1.1% (±0.1 points)1.0% (±0.1 points)0.9%
Vacant housing units1,127 (±274)176,263 (±3,778)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 Hanover Township (Cook County), the rental vacancy rate is lower than in Cook County (4.5%).

It is also lower than in Illinois (5.0%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Hanover Township (Cook County)

Nearest places with a published estimate, compared with Hanover Township (Cook County)
PlaceDistanceRental vacancy rateCompared with this place
Hanover Township (Cook County)—0.5% (±0.5 points)—
Streamwood1.4 mi0.0% (±2.6 points)Not measurably different
Hoffman Estates3.9 mi2.5% (±1.9 points)Higher
Hanover Park4.4 mi0.0% (±1.5 points)Not measurably different
South Barrington4.8 mi0.0% (±58.2 points)Not measurably different
Bartlett4.8 mi2.3% (±2.3 points)Not measurably different
East Dundee5.3 mi0.0% (±7.7 points)Not measurably different
Wayne Township5.8 mi1.8% (±2.9 points)Not measurably different
Schaumburg Township5.9 mi2.4% (±1.1 points)Higher

Nearby places with a measurably higher figure: Hoffman Estates, IL (2.5%), Schaumburg Township, IL (2.4%).

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

Rental vacancy rate across Cook County, place by place

RankPlaceRental vacancy rate
107 (tie)Richton Park1.4% (±1.7 points)
109 (tie)Sauk Village1.1% (±1.7 points)
109 (tie)Steger1.1% (±1.9 points)
109 (tie)Orland Township1.1% (±1.5 points)
112Dolton0.9% (±1.5 points)
113Rosemont0.7% (±1.0 points)
114Hanover Township (Cook County)0.5% (±0.5 points)
115 (tie)Alsip0.0% (±1.3 points)
115 (tie)Bedford Park0.0% (±58.2 points)
115 (tie)Bellwood0.0% (±2.9 points)
115 (tie)Berkeley0.0% (±11.0 points)
115 (tie)Broadview0.0% (±3.0 points)
115 (tie)Country Club Hills0.0% (±2.5 points)

Showing 13 of 148 places in Cook 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.

What you can do on Seayora in Hanover Township (Cook County)

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Questions about Hanover Township (Cook County)

Is it hard to find a rental in Hanover Township (Cook County)?

The rental vacancy rate in Hanover Township (Cook County), IL is 0.5% (±0.5 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 Hanover Township (Cook County) tighter than it was?

In Hanover Township (Cook County), the rental vacancy rate went from 2.5% in 2015–2019 to 0.5% in 2020–2024 (−2.0 percentage points), a measurable decrease.

How many homes are vacant in Hanover Township (Cook County)?

An estimated 1,127 (±274) housing units, 3.3% 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 Hanover township, Cook County, Illinois (county subdivision:32694, in state:17 county:031).

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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