What is the median rent in Montgomery Township (Woodford County), IL?

The median gross rent in Montgomery Township (Woodford County), IL is $1,084 (±$99) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 111 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Montgomery Township (Woodford County), the median gross rent went from $733 in 2015–2019 to $1,084 in 2020–2024 (+47.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median gross rent
$1,084 (±$99)
Rented homes
111 (±44)
$2,000 or more
4.5%
Since 2015–2019
+47.9%

How much rent costs in Montgomery Township (Woodford County)

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentMontgomery Township (Woodford County)Woodford CountyIllinoisUnited States
Less than $5009.0% (±11.9 points)8.9%7.0%6.3%
$500 to $99926.1% (±17.0 points)49.0%23.5%20.2%
$1,000 to $1,49948.6% (±19.8 points)33.8%32.6%28.1%
$1,500 to $1,99911.7% (±9.2 points)6.2%18.7%21.1%
$2,000 to $2,4994.5% (±7.1 points)1.5%9.6%12.0%
$2,500 to $2,9990.0% (±28.0 points)0.6%4.1%5.5%
$3,000 or more0.0% (±28.0 points)0.0%4.4%6.8%

The most common range is $1,000 to $1,499, paid by 48.6% of renting households.

4.5% of rented homes in Montgomery Township (Woodford County) cost $2,000 or more a month.

Montgomery Township (Woodford County) against Woodford County, its state and the nation

Estimate (90% margin of error)
Montgomery Township (Woodford County)Woodford CountyIllinoisUnited States
Median gross rent$1,084 (±$99)$912 (±$86)$1,274 (±$5)$1,413
Rented homes paying rent111 (±44)1,924 (±256)1,587,238 (±10,609)42,849,984

In Montgomery Township (Woodford County), median gross rent is higher than in Woodford County ($912).

It is also lower than in Illinois ($1,274).

It is lower than the national figure ($1,413).

In Woodford County, Montgomery Township (Woodford County) ranks 5 of 24 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 597 of 2,063.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Montgomery Township (Woodford County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$733 (±$223)$1,084 (±$99)+47.9%No measurable change after inflation
Households that rent12.4% (±6.4 points)12.2% (±4.3 points)−0.2 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±23.6 points)3.4% (±5.6 points)+3.4 percentage pointsNot 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 Montgomery Township (Woodford County)

Nearest places with a published estimate, compared with Montgomery Township (Woodford County)
PlaceDistanceMedian gross rentCompared with this place
Montgomery Township (Woodford County)—$1,084 (±$99)—
Goodfield2.0 mi$1,156 (±$250)Not measurably different
Congerville2.3 mi$1,054 (±$182)Not measurably different
Olio Township4.6 mi$715 (±$73)Lower
Eureka5.4 mi$692 (±$98)Lower
Deer Creek5.7 mi$1,152 (±$130)Not measurably different
Deer Creek Township6.4 mi$1,152 (±$130)Not measurably different
Carlock6.6 mi$1,348 (±$196)Higher
Palestine Township6.7 mi$1,078 (±$291)Not measurably different

Nearby places with a measurably lower figure: Olio Township, IL ($715), Eureka, IL ($692).

Nearby places with a measurably higher figure: Carlock, IL ($1,348).

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

Median gross rent across Woodford County, place by place

RankPlaceMedian gross rent
1Worth Township (Woodford County)$1,203 (±$159)
2Goodfield$1,156 (±$250)
3 (tie)Roanoke$1,101 (±$94)
3 (tie)Roanoke Township$1,101 (±$94)
5Montgomery Township (Woodford County)$1,084 (±$99)
6Palestine Township$1,078 (±$291)
7Spring Bay$1,071 (±$127)
8Congerville$1,054 (±$182)
9Metamora$1,008 (±$600)
10Minonk$999 (±$174)
11Minonk Township$979 (±$164)

Showing 11 of 24 places in Woodford 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.

What you can do on Seayora in Montgomery Township (Woodford County)

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Montgomery Township (Woodford County), save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Montgomery Township (Woodford County) beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Montgomery Township (Woodford County), and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Montgomery Township (Woodford County)

What is the average rent in Montgomery Township (Woodford County), IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Montgomery Township (Woodford County) is $1,084 (±$99) 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 Montgomery Township (Woodford County)?

In Montgomery Township (Woodford County), the median gross rent went from $733 in 2015–2019 to $1,084 in 2020–2024 (+47.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

How many rentals in Montgomery Township (Woodford County) cost more than $2,000 a month?

4.5% of rented homes in Montgomery Township (Woodford County) have a gross rent of $2,000 or more a month, and 9.0% cost less than $500.

Is rent in Montgomery Township (Woodford County) higher than in Woodford County?

In Montgomery Township (Woodford County), median gross rent is higher than in Woodford County ($912).

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

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 Montgomery township, Woodford County, Illinois (county subdivision:50231, in state:17 county:203).

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.

Request a Census API 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