What is the rental vacancy rate in Lake in the Hills, IL?
The rental vacancy rate in Lake in the Hills, IL is 0.4% (±0.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.5 points).
260 (±129) homes, 2.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lake in the Hills, the rental vacancy rate went from 0.0% in 2015–2019 to 0.4% in 2020–2024 (+0.4 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.4% (±0.7 points)
- Homeowner vacancy rate
- 0.0% (±0.5 points)
- Vacant homes
- 260 (±129)
Vacancy in Lake in the Hills against McHenry County, its state and the nation
| Lake in the Hills | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.4% (±0.7 points) | 2.9% (±1.2 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.5 points) | 0.5% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 260 (±129) | 3,735 (±567) | 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 Lake in the Hills, the rental vacancy rate is lower than in McHenry County (2.9%).
It is also lower than in Illinois (5.0%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Lake in the Hills
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lake in the Hills | — | 0.4% (±0.7 points) | — |
| Algonquin | 1.4 mi | 7.7% (±8.1 points) | Not measurably different |
| Algonquin Township | 2.4 mi | 4.8% (±2.8 points) | Higher |
| Trout Valley | 3.5 mi | 20.0% (±52.6 points) | Not measurably different |
| Crystal Lake | 3.8 mi | 3.4% (±3.5 points) | Not measurably different |
| Cary | 4.1 mi | 6.2% (±5.6 points) | Higher |
| Carpentersville | 4.1 mi | 0.0% (±1.1 points) | Not measurably different |
| Lakewood | 4.8 mi | 0.0% (±44.2 points) | Not measurably different |
| Dundee Township | 4.8 mi | 0.7% (±0.8 points) | Not measurably different |
Nearby places with a measurably higher figure: Algonquin Township, IL (4.8%), Cary, IL (6.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across McHenry County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 11 (tie) | McHenry | 2.3% (±3.6 points) |
| 11 (tie) | Richmond | 2.3% (±3.7 points) |
| 13 | Richmond Township | 2.2% (±3.5 points) |
| 14 | Huntley | 1.5% (±2.3 points) |
| 15 | Dorr Township | 1.2% (±2.1 points) |
| 16 | Woodstock | 1.0% (±1.7 points) |
| 17 | Lake in the Hills | 0.4% (±0.7 points) |
| 18 (tie) | Bull Valley | 0.0% (±82.3 points) |
| 18 (tie) | Fox River Grove | 0.0% (±16.1 points) |
| 18 (tie) | Greenwood | 0.0% (±46.5 points) |
| 18 (tie) | Harvard | 0.0% (±2.9 points) |
| 18 (tie) | Hebron | 0.0% (±29.2 points) |
| 18 (tie) | Holiday Hills | 0.0% (±66.4 points) |
Showing 13 of 45 places in McHenry 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 Lake in the Hills
Is it hard to find a rental in Lake in the Hills?
The rental vacancy rate in Lake in the Hills, IL is 0.4% (±0.7 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 Lake in the Hills tighter than it was?
In Lake in the Hills, the rental vacancy rate went from 0.0% in 2015–2019 to 0.4% in 2020–2024 (+0.4 percentage points), not a measurable change.
How many homes are vacant in Lake in the Hills?
An estimated 260 (±129) housing units, 2.6% 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 — Lake in the Hills village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake in the Hills village, 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 Lake in the Hills village, Illinois (place:41183, in state:17).
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
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- Home values in Lake in the Hills
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- Types of homes in Lake in the Hills
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- Population growth in Lake in the Hills
- How long people stay in Lake in the Hills
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- Fair Market Rent in Lake in the Hills
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois