What is the median rent in Loves Park, IL?
The median gross rent in Loves Park, IL is $1,120 (±$41) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 3,956 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Loves Park, the median gross rent went from $848 in 2015–2019 to $1,120 in 2020–2024 (+32.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,120 (±$41)
- Rented homes
- 3,956 (±374)
- $2,000 or more
- 7.0%
- Since 2015–2019
- +32.1%
How much rent costs in Loves Park
| Monthly gross rent | Loves Park | Winnebago County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 3.3% (±1.6 points) | 8.5% | 7.0% | 6.3% |
| $500 to $999 | 31.1% (±6.1 points) | 39.5% | 23.5% | 20.2% |
| $1,000 to $1,499 | 48.8% (±6.5 points) | 37.7% | 32.6% | 28.1% |
| $1,500 to $1,999 | 9.8% (±3.8 points) | 10.1% | 18.7% | 21.1% |
| $2,000 to $2,499 | 6.9% (±4.6 points) | 2.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±0.9 points) | 0.6% | 4.1% | 5.5% |
| $3,000 or more | 0.1% (±0.2 points) | 1.1% | 4.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 48.8% of renting households.
7.0% of rented homes in Loves Park cost $2,000 or more a month.
Loves Park against Winnebago County, its state and the nation
| Loves Park | Winnebago County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,120 (±$41) | $1,021 (±$19) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 3,956 (±374) | 37,857 (±1,161) | 1,587,238 (±10,609) | 42,849,984 |
In Loves Park, median gross rent is higher than in Winnebago County ($1,021).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
In Winnebago County, Loves Park ranks 6 of 21 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 544 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Loves Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $848 (±$27) | $1,120 (±$41) | +32.1% | Up after inflation |
| Households that rent | 31.3% (±3.2 points) | 39.1% (±3.3 points) | +7.8 percentage points | Measurable increase |
| Rental vacancy rate | 3.5% (±2.6 points) | 2.4% (±2.1 points) | −1.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Loves Park
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Loves Park | — | $1,120 (±$41) | — |
| Harlem Township (Winnebago County) | 1.9 mi | $1,150 (±$35) | Not measurably different |
| Machesney Park | 2.4 mi | $1,102 (±$59) | Not measurably different |
| Caledonia Township | 5.5 mi | $1,539 (±$232) | Higher |
| Caledonia | 5.8 mi | $1,711 (±$386) | Higher |
| Roscoe | 6.1 mi | $1,437 (±$95) | Higher |
| Owen Township | 6.3 mi | $1,692 (±$309) | Higher |
| Rockford | 6.4 mi | $985 (±$19) | Lower |
| Candlewick Lake | 6.6 mi | $1,520 (±$250) | Higher |
Nearby places with a measurably lower figure: Rockford, IL ($985).
Nearby places with a measurably higher figure: Caledonia Township, IL ($1,539), Caledonia, IL ($1,711), Roscoe, IL ($1,437).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Winnebago County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Owen Township | $1,692 (±$309) |
| 2 | Roscoe Township | $1,600 (±$96) |
| 3 | Roscoe | $1,437 (±$95) |
| 4 | Harlem Township (Winnebago County) | $1,150 (±$35) |
| 5 | Winnebago Township | $1,134 (±$329) |
| 6 | Loves Park | $1,120 (±$41) |
| 7 | Machesney Park | $1,102 (±$59) |
| 8 | Pecatonica Township | $1,064 (±$166) |
| 9 | Shirland Township | $1,063 (±$639) |
| 10 | Pecatonica | $1,038 (±$311) |
| 11 | Cherry Valley | $1,024 (±$184) |
| 12 | Rockford Township | $994 (±$19) |
Showing 12 of 21 places in Winnebago 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 Loves Park
What is the average rent in Loves Park, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Loves Park is $1,120 (±$41) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Loves Park?
In Loves Park, the median gross rent went from $848 in 2015–2019 to $1,120 in 2020–2024 (+32.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Loves Park cost more than $2,000 a month?
7.0% of rented homes in Loves Park have a gross rent of $2,000 or more a month, and 3.3% cost less than $500.
Is rent in Loves Park higher than in Winnebago County?
In Loves Park, median gross rent is higher than in Winnebago County ($1,021).
It is also lower than in Illinois ($1,274).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loves Park city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Loves Park city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Loves Park city, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Loves Park city, Illinois (place:45031, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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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- Income and affordability in Loves Park
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- Homeowner costs in Loves Park
- Property taxes in Loves Park
- Types of homes in Loves Park
- Bedrooms in Loves Park
- Age of homes in Loves Park
- Vacancy rate in Loves Park
- Heating fuel in Loves Park
- Commute and cars in Loves Park
- Crime reported to police in Loves Park
- Population growth in Loves Park
- How long people stay in Loves Park
- Crowding and facilities in Loves Park
- Illinois landlord and tenant rules
- Housing across Winnebago County
- Illinois places ranked by median rent
- Housing data for every place in Illinois