What is the median rent in Monee Township, IL?
The median gross rent in Monee Township, IL is $1,629 (±$151) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,141 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Monee Township, the median gross rent went from $977 in 2015–2019 to $1,629 in 2020–2024 (+66.7%).
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
- $1,629 (±$151)
- Rented homes
- 1,141 (±252)
- $2,000 or more
- 18.8%
- Since 2015–2019
- +66.7%
How much rent costs in Monee Township
| Monthly gross rent | Monee Township | Will County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 5.7% (±5.3 points) | 4.8% | 7.0% | 6.3% |
| $500 to $999 | 2.5% (±3.6 points) | 13.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 30.9% (±14.4 points) | 33.9% | 32.6% | 28.1% |
| $1,500 to $1,999 | 42.2% (±14.6 points) | 24.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 12.8% (±9.0 points) | 14.1% | 9.6% | 12.0% |
| $2,500 to $2,999 | 4.9% (±5.8 points) | 5.8% | 4.1% | 5.5% |
| $3,000 or more | 1.1% (±2.0 points) | 3.4% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 42.2% of renting households.
18.8% of rented homes in Monee Township cost $2,000 or more a month.
Monee Township against Will County, its state and the nation
| Monee Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,629 (±$151) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 1,141 (±252) | 39,997 (±1,562) | 1,587,238 (±10,609) | 42,849,984 |
In Monee Township, median gross rent is higher than in Will County ($1,462).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
In Will County, Monee Township ranks 14 of 51 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 164 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Monee Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $977 (±$85) | $1,629 (±$151) | +66.7% | Up after inflation |
| Households that rent | 23.4% (±3.6 points) | 22.1% (±4.6 points) | −1.3 percentage points | Not a measurable change |
| Rental vacancy rate | 11.9% (±4.5 points) | 4.2% (±6.2 points) | −7.7 percentage points | Measurable decrease |
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 Monee Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Monee Township | — | $1,629 (±$151) | — |
| Monee | 0.9 mi | $1,477 (±$277) | Not measurably different |
| University Park | 2.0 mi | $1,649 (±$161) | Not measurably different |
| Richton Park | 3.9 mi | $1,294 (±$126) | Lower |
| Park Forest | 4.7 mi | $1,365 (±$100) | Lower |
| Will Township | 5.3 mi | $1,077 (±$304) | Lower |
| Green Garden Township | 5.7 mi | $1,123 (±$83) | Lower |
| Matteson | 5.9 mi | $1,580 (±$462) | Not measurably different |
| Crete | 5.9 mi | $1,309 (±$351) | Not measurably different |
Nearby places with a measurably lower figure: Richton Park, IL ($1,294), Park Forest, IL ($1,365), Will Township, IL ($1,077).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Will County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 8 | Homer Glen | $1,861 (±$223) |
| 9 | Du Page Township | $1,776 (±$70) |
| 10 | Bolingbrook | $1,749 (±$86) |
| 11 | Channahon | $1,708 (±$158) |
| 12 | University Park | $1,649 (±$161) |
| 13 | Ridgewood | $1,634 (±$152) |
| 14 | Monee Township | $1,629 (±$151) |
| 15 | Frankfort Square | $1,622 (±$257) |
| 16 | Lockport Township | $1,570 (±$110) |
| 17 | Lockport | $1,525 (±$183) |
| 18 (tie) | Crest Hill | $1,481 (±$91) |
| 18 (tie) | Jackson Township (Will County) | $1,481 (±$814) |
| 20 | Shorewood | $1,479 (±$398) |
Showing 13 of 51 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 Monee Township
What is the average rent in Monee Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Monee Township is $1,629 (±$151) 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 Monee Township?
In Monee Township, the median gross rent went from $977 in 2015–2019 to $1,629 in 2020–2024 (+66.7%).
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 Monee Township cost more than $2,000 a month?
18.8% of rented homes in Monee Township have a gross rent of $2,000 or more a month, and 5.7% cost less than $500.
Is rent in Monee Township higher than in Will County?
In Monee Township, median gross rent is higher than in Will County ($1,462).
It is also higher than in Illinois ($1,274).
It is higher 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 — Monee township, Will County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monee township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monee township, Will County, 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 Monee township, Will County, Illinois (county subdivision:49958, 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 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
- Housing in Monee Township at a glance
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- Renters and owners in Monee Township
- Income and affordability in Monee Township
- Home values in Monee Township
- Homeowner costs in Monee Township
- Property taxes in Monee Township
- Types of homes in Monee Township
- Bedrooms in Monee Township
- Age of homes in Monee Township
- Heating fuel in Monee Township
- Commute and cars in Monee Township
- Population growth in Monee Township
- How long people stay in Monee Township
- Crowding and facilities in Monee Township
- Fair Market Rent in Monee Township
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by median rent
- Housing data for every place in Illinois