What is the rental vacancy rate in Homer Township, IL?
The rental vacancy rate in Homer Township, IL is 9.9% (±8.2 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.2% (±0.2 points).
472 (±213) homes, 3.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Homer Township, the rental vacancy rate went from 1.7% in 2015–2019 to 9.9% in 2020–2024 (+8.2 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 9.9% (±8.2 points)
- Homeowner vacancy rate
- 0.2% (±0.2 points)
- Vacant homes
- 472 (±213)
Vacancy in Homer Township against Will County, its state and the nation
| Homer Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 9.9% (±8.2 points) | 3.7% (±0.9 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.2% (±0.2 points) | 0.5% (±0.1 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 472 (±213) | 10,005 (±797) | 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 Homer Township, the rental vacancy rate is not measurably different from Will 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 Homer Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Homer Township | — | 9.9% (±8.2 points) | — |
| Homer Glen | 1.1 mi | 12.6% (±13.8 points) | Not measurably different |
| Lockport | 3.4 mi | 1.7% (±2.6 points) | Not measurably different |
| Lemont | 5.3 mi | 0.0% (±4.6 points) | Lower |
| Lemont Township | 5.3 mi | 0.0% (±3.2 points) | Lower |
| Fairmont | 5.3 mi | 0.0% (±12.4 points) | Not measurably different |
| Orland Park | 5.5 mi | 2.6% (±2.7 points) | Not measurably different |
| New Lenox Township | 5.6 mi | 9.2% (±10.0 points) | Not measurably different |
| New Lenox | 5.7 mi | 5.6% (±8.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Lemont, IL (0.0%), Lemont Township, IL (0.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Will County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 3 | Shorewood | 18.5% (±19.3 points) |
| 4 | Frankfort Township (Will County) | 13.1% (±9.3 points) |
| 5 | Homer Glen | 12.6% (±13.8 points) |
| 6 | Troy Township | 11.6% (±6.0 points) |
| 7 | Channahon Township | 11.3% (±16.8 points) |
| 8 | Elwood | 10.4% (±16.6 points) |
| 9 | Homer Township | 9.9% (±8.2 points) |
| 10 | New Lenox Township | 9.2% (±10.0 points) |
| 11 | Jackson Township (Will County) | 8.9% (±14.2 points) |
| 12 | Romeoville | 6.5% (±4.3 points) |
| 13 | Channahon | 6.1% (±9.3 points) |
| 14 | University Park | 5.8% (±8.6 points) |
| 15 | New Lenox | 5.6% (±8.1 points) |
Showing 13 of 55 places in Will 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 Homer Township
Is it hard to find a rental in Homer Township?
The rental vacancy rate in Homer Township, IL is 9.9% (±8.2 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 Homer Township tighter than it was?
In Homer Township, the rental vacancy rate went from 1.7% in 2015–2019 to 9.9% in 2020–2024 (+8.2 percentage points), not a measurable change.
How many homes are vacant in Homer Township?
An estimated 472 (±213) housing units, 3.3% 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 — Homer township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Homer township, Will 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 Homer township, Will County, Illinois (county subdivision:35827, in state:17 county:197).
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 Homer Township at a glance
- Median rent in Homer Township
- Rent by bedrooms in Homer Township
- Rent burden in Homer Township
- Renters and owners in Homer Township
- Income and affordability in Homer Township
- Home values in Homer Township
- Homeowner costs in Homer Township
- Property taxes in Homer Township
- Types of homes in Homer Township
- Bedrooms in Homer Township
- Age of homes in Homer Township
- Heating fuel in Homer Township
- Commute and cars in Homer Township
- Population growth in Homer Township
- How long people stay in Homer Township
- Crowding and facilities in Homer Township
- Fair Market Rent in Homer Township
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois