What is the rental vacancy rate in North Chicago, IL?
The rental vacancy rate in North Chicago, IL is 5.2% (±2.4 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 3.9% (±3.1 points).
858 (±205) homes, 10.9% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In North Chicago, the rental vacancy rate went from 6.9% in 2015–2019 to 5.2% in 2020–2024 (−1.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 5.2% (±2.4 points)
- Homeowner vacancy rate
- 3.9% (±3.1 points)
- Vacant homes
- 858 (±205)
Vacancy in North Chicago against Lake County, its state and the nation
| North Chicago | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 5.2% (±2.4 points) | 3.7% (±0.7 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 3.9% (±3.1 points) | 0.9% (±0.2 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 858 (±205) | 12,163 (±960) | 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 North Chicago, the rental vacancy rate is not measurably different from Lake County (3.7%).
It is not measurably different from Illinois (5.0%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near North Chicago
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| North Chicago | — | 5.2% (±2.4 points) | — |
| Lake Bluff | 2.4 mi | 8.9% (±11.5 points) | Not measurably different |
| Knollwood | 2.4 mi | 0.0% (±24.5 points) | Not measurably different |
| Shields Township | 2.5 mi | 5.3% (±2.9 points) | Not measurably different |
| Green Oaks | 2.9 mi | 7.8% (±9.4 points) | Not measurably different |
| Park City | 3.1 mi | 6.9% (±6.0 points) | Not measurably different |
| Waukegan | 3.7 mi | 1.9% (±1.0 points) | Lower |
| Waukegan Township | 4.0 mi | 3.0% (±1.0 points) | Not measurably different |
| Libertyville Township | 4.9 mi | 5.1% (±2.5 points) | Not measurably different |
Nearby places with a measurably lower figure: Waukegan, IL (1.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Lake County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 16 | Highland Park | 5.9% (±5.6 points) |
| 17 | Mundelein | 5.8% (±3.4 points) |
| 18 | Lake Forest | 5.4% (±6.7 points) |
| 19 (tie) | Shields Township | 5.3% (±2.9 points) |
| 19 (tie) | West Deerfield Township | 5.3% (±5.0 points) |
| 21 (tie) | Libertyville | 5.2% (±5.1 points) |
| 21 (tie) | North Chicago | 5.2% (±2.4 points) |
| 23 (tie) | Fox Lake | 5.1% (±4.3 points) |
| 23 (tie) | Libertyville Township | 5.1% (±2.5 points) |
| 25 | Buffalo Grove | 5.0% (±3.5 points) |
| 26 | Moraine Township | 4.7% (±4.2 points) |
| 27 | Vernon Hills | 4.2% (±3.7 points) |
| 28 | Fremont Township | 4.0% (±6.3 points) |
Showing 13 of 71 places in Lake 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 North Chicago
Is it hard to find a rental in North Chicago?
The rental vacancy rate in North Chicago, IL is 5.2% (±2.4 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 North Chicago tighter than it was?
In North Chicago, the rental vacancy rate went from 6.9% in 2015–2019 to 5.2% in 2020–2024 (−1.7 percentage points), not a measurable change.
How many homes are vacant in North Chicago?
An estimated 858 (±205) housing units, 10.9% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Chicago city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — North Chicago city, Illinois
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 North Chicago city, Illinois (place:53559, 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.
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 .
Related
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- Fair Market Rent in North Chicago
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