What is the rental vacancy rate in Lake Villa Township, IL?
The rental vacancy rate in Lake Villa Township, IL is 0.0% (±1.8 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.5% (±0.5 points).
358 (±150) homes, 2.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Lake Villa Township, the rental vacancy rate went from 2.5% in 2015–2019 to 0.0% in 2020–2024 (−2.5 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 0.0% (±1.8 points)
- Homeowner vacancy rate
- 0.5% (±0.5 points)
- Vacant homes
- 358 (±150)
Vacancy in Lake Villa Township against Lake County, its state and the nation
| Lake Villa Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 0.0% (±1.8 points) | 3.7% (±0.7 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.5% (±0.5 points) | 0.9% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 358 (±150) | 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 Lake Villa Township, the rental vacancy rate is lower than in Lake County (3.7%).
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 Villa Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Lake Villa Township | — | 0.0% (±1.8 points) | — |
| Venetian Village | 1.0 mi | 0.0% (±22.8 points) | Not measurably different |
| Lake Villa | 1.1 mi | 0.0% (±4.6 points) | Not measurably different |
| Lindenhurst | 1.9 mi | 0.0% (±4.9 points) | Not measurably different |
| Round Lake Beach | 2.3 mi | 1.8% (±2.3 points) | Not measurably different |
| Round Lake Heights | 2.9 mi | 0.0% (±17.4 points) | Not measurably different |
| Fox Lake Hills | 3.2 mi | 0.0% (±33.7 points) | Not measurably different |
| Avon Township | 3.8 mi | 3.6% (±2.8 points) | Higher |
| Grandwood Park | 4.0 mi | 10.4% (±7.8 points) | Higher |
Nearby places with a measurably higher figure: Avon Township, IL (3.6%), Grandwood Park, IL (10.4%).
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 |
|---|---|---|
| 44 (tie) | Tower Lakes | 0.0% (±88.4 points) |
| 44 (tie) | Venetian Village | 0.0% (±22.8 points) |
| 44 (tie) | Volo | 0.0% (±8.8 points) |
| 44 (tie) | Wadsworth | 0.0% (±31.7 points) |
| 44 (tie) | Winthrop Harbor | 0.0% (±9.8 points) |
| 44 (tie) | Benton Township (Lake County) | 0.0% (±2.7 points) |
| 44 (tie) | Lake Villa Township | 0.0% (±1.8 points) |
| 44 (tie) | Newport Township | 0.0% (±17.7 points) |
Showing 8 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 Lake Villa Township
Is it hard to find a rental in Lake Villa Township?
The rental vacancy rate in Lake Villa Township, IL is 0.0% (±1.8 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 Lake Villa Township tighter than it was?
In Lake Villa Township, the rental vacancy rate went from 2.5% in 2015–2019 to 0.0% in 2020–2024 (−2.5 percentage points), not a measurable change.
How many homes are vacant in Lake Villa Township?
An estimated 358 (±150) housing units, 2.5% 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 — Lake Villa township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Villa 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 Lake Villa township, Lake County, Illinois (county subdivision:41599, 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 Lake Villa Township at a glance
- Median rent in Lake Villa Township
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- Rent burden in Lake Villa Township
- Renters and owners in Lake Villa Township
- Income and affordability in Lake Villa Township
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- Homeowner costs in Lake Villa Township
- Property taxes in Lake Villa Township
- Types of homes in Lake Villa Township
- Bedrooms in Lake Villa Township
- Age of homes in Lake Villa Township
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- Population growth in Lake Villa Township
- How long people stay in Lake Villa Township
- Crowding and facilities in Lake Villa Township
- Fair Market Rent in Lake Villa Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois