What is the median rent in Monticello Township, IL?
The median gross rent in Monticello Township, IL is $1,382 (±$331) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 401 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Monticello Township, the median gross rent went from $970 in 2015–2019 to $1,382 in 2020–2024 (+42.5%).
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
- $1,382 (±$331)
- Rented homes
- 401 (±162)
- $2,000 or more
- 7.2%
- Since 2015–2019
- +42.5%
How much rent costs in Monticello Township
| Monthly gross rent | Monticello Township | Piatt County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±8.9 points) | 5.4% | 7.0% | 6.3% |
| $500 to $999 | 27.7% (±23.3 points) | 41.8% | 23.5% | 20.2% |
| $1,000 to $1,499 | 30.7% (±20.4 points) | 29.7% | 32.6% | 28.1% |
| $1,500 to $1,999 | 34.4% (±25.2 points) | 16.4% | 18.7% | 21.1% |
| $2,000 to $2,499 | 0.0% (±8.9 points) | 0.0% | 9.6% | 12.0% |
| $2,500 to $2,999 | 7.2% (±12.1 points) | 3.1% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±8.9 points) | 3.6% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 34.4% of renting households.
7.2% of rented homes in Monticello Township cost $2,000 or more a month.
Monticello Township against Piatt County, its state and the nation
| Monticello Township | Piatt County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,382 (±$331) | $1,046 (±$175) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 401 (±162) | 923 (±174) | 1,587,238 (±10,609) | 42,849,984 |
In Monticello Township, median gross rent is not measurably different from Piatt County ($1,046).
It is not measurably different from Illinois ($1,274).
It is not measurably different from the national figure ($1,413).
In Piatt County, Monticello Township ranks 1 of 15 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 293 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Monticello Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $970 (±$109) | $1,382 (±$331) | +42.5% | No measurable change after inflation |
| Households that rent | 23.5% (±5.4 points) | 15.6% (±5.8 points) | −7.9 percentage points | Not a measurable change |
| Rental vacancy rate | 6.9% (±10.4 points) | 0.0% (±8.6 points) | −6.9 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 Monticello Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Monticello Township | — | $1,382 (±$331) | — |
| Monticello | 2.0 mi | $1,379 (±$355) | Not measurably different |
| Bement Township | 6.3 mi | $807 (±$231) | Lower |
| Bement | 6.7 mi | $807 (±$231) | Lower |
| Willow Branch Township | 7.5 mi | $1,344 (±$685) | Not measurably different |
| Goose Creek Township | 8.2 mi | $840 (±$150) | Lower |
| De Land | 8.9 mi | $644 (±$301) | Lower |
| Scott Township (Champaign County) | 9.2 mi | $1,136 (±$435) | Not measurably different |
| Cisco | 9.7 mi | $1,146 (±$390) | Not measurably different |
Nearby places with a measurably lower figure: Bement Township, IL ($807), Bement, IL ($807), Goose Creek Township, IL ($840).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Piatt County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Monticello Township | $1,382 (±$331) |
| 2 | Monticello | $1,379 (±$355) |
| 3 | Willow Branch Township | $1,344 (±$685) |
| 4 | Cisco | $1,146 (±$390) |
| 5 (tie) | Mansfield | $1,021 (±$146) |
| 5 (tie) | Blue Ridge Township | $1,021 (±$146) |
| 7 | Atwood | $856 (±$282) |
Showing 7 of 15 places in Piatt 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 Monticello Township
What is the average rent in Monticello Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Monticello Township is $1,382 (±$331) 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 Monticello Township?
In Monticello Township, the median gross rent went from $970 in 2015–2019 to $1,382 in 2020–2024 (+42.5%).
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 Monticello Township cost more than $2,000 a month?
7.2% of rented homes in Monticello Township have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Monticello Township higher than in Piatt County?
In Monticello Township, median gross rent is not measurably different from Piatt County ($1,046).
It is not measurably different from Illinois ($1,274).
It is not measurably different from 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 — Monticello township, Piatt County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monticello township, Piatt County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monticello township, Piatt 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 Monticello township, Piatt County, Illinois (county subdivision:50257, in state:17 county:147).
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 Monticello Township at a glance
- Renters and owners in Monticello Township
- Income and affordability in Monticello Township
- Home values in Monticello Township
- Homeowner costs in Monticello Township
- Property taxes in Monticello Township
- Types of homes in Monticello Township
- Bedrooms in Monticello Township
- Age of homes in Monticello Township
- Heating fuel in Monticello Township
- Commute and cars in Monticello Township
- Population growth in Monticello Township
- How long people stay in Monticello Township
- Crowding and facilities in Monticello Township
- Illinois landlord and tenant rules
- Housing across Piatt County
- Illinois places ranked by median rent
- Housing data for every place in Illinois