What is the rental vacancy rate in Loves Park, IL?

The rental vacancy rate in Loves Park, IL is 2.4% (±2.1 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.9% (±0.9 points).

373 (±166) homes, 3.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Loves Park, the rental vacancy rate went from 3.5% in 2015–2019 to 2.4% in 2020–2024 (−1.1 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
2.4% (±2.1 points)
Homeowner vacancy rate
0.9% (±0.9 points)
Vacant homes
373 (±166)

Vacancy in Loves Park against Winnebago County, its state and the nation

Estimate (90% margin of error)
Loves ParkWinnebago CountyIllinoisUnited States
Rental vacancy rate2.4% (±2.1 points)4.6% (±0.9 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.9% (±0.9 points)1.0% (±0.3 points)1.0% (±0.1 points)0.9%
Vacant housing units373 (±166)8,988 (±743)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 Loves Park, the rental vacancy rate is not measurably different from Winnebago County (4.6%).

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

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

Rental vacancy rate in places near Loves Park

Nearest places with a published estimate, compared with Loves Park
PlaceDistanceRental vacancy rateCompared with this place
Loves Park—2.4% (±2.1 points)—
Harlem Township (Winnebago County)1.9 mi2.8% (±2.0 points)Not measurably different
Machesney Park2.4 mi2.3% (±2.2 points)Not measurably different
Caledonia Township5.5 mi0.0% (±23.5 points)Not measurably different
Caledonia5.8 mi0.0% (±53.1 points)Not measurably different
Roscoe6.1 mi2.2% (±3.5 points)Not measurably different
Owen Township6.3 mi0.0% (±24.4 points)Not measurably different
Rockford6.4 mi5.2% (±1.1 points)Higher
Candlewick Lake6.6 mi22.2% (±32.6 points)Not measurably different

Nearby places with a measurably higher figure: Rockford, IL (5.2%).

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

Rental vacancy rate across Winnebago County, place by place

RankPlaceRental vacancy rate
7Rockton Township5.7% (±6.1 points)
8Rockford5.2% (±1.1 points)
9Rockford Township5.0% (±1.0 points)
10Roscoe Township3.0% (±4.3 points)
11Harlem Township (Winnebago County)2.8% (±2.0 points)
12Cherry Valley Township2.6% (±2.2 points)
13Loves Park2.4% (±2.1 points)
14 (tie)Machesney Park2.3% (±2.2 points)
14 (tie)Rockton2.3% (±4.0 points)
16Roscoe2.2% (±3.5 points)
17Durand2.1% (±3.7 points)
18Durand Township1.3% (±2.3 points)
19 (tie)Cherry Valley0.0% (±12.7 points)

Showing 13 of 24 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

Is it hard to find a rental in Loves Park?

The rental vacancy rate in Loves Park, IL is 2.4% (±2.1 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 Loves Park tighter than it was?

In Loves Park, the rental vacancy rate went from 3.5% in 2015–2019 to 2.4% in 2020–2024 (−1.1 percentage points), not a measurable change.

How many homes are vacant in Loves Park?

An estimated 373 (±166) housing units, 3.5% 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 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 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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