What is the median rent in Olio Township, IL?

The median gross rent in Olio Township, IL is $715 (±$73) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 561 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Olio Township, the median gross rent went from $607 in 2015–2019 to $715 in 2020–2024 (+17.8%).

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
$715 (±$73)
Rented homes
561 (±183)
$2,000 or more
4.3%
Since 2015–2019
+17.8%

How much rent costs in Olio Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentOlio TownshipWoodford CountyIllinoisUnited States
Less than $50017.6% (±13.9 points)8.9%7.0%6.3%
$500 to $99967.6% (±21.4 points)49.0%23.5%20.2%
$1,000 to $1,4997.8% (±8.1 points)33.8%32.6%28.1%
$1,500 to $1,9992.7% (±4.6 points)6.2%18.7%21.1%
$2,000 to $2,4994.3% (±6.4 points)1.5%9.6%12.0%
$2,500 to $2,9990.0% (±6.5 points)0.6%4.1%5.5%
$3,000 or more0.0% (±6.5 points)0.0%4.4%6.8%

The most common range is $500 to $999, paid by 67.6% of renting households.

4.3% of rented homes in Olio Township cost $2,000 or more a month.

Olio Township against Woodford County, its state and the nation

Estimate (90% margin of error)
Olio TownshipWoodford CountyIllinoisUnited States
Median gross rent$715 (±$73)$912 (±$86)$1,274 (±$5)$1,413
Rented homes paying rent561 (±183)1,924 (±256)1,587,238 (±10,609)42,849,984

In Olio Township, median gross rent is lower 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, Olio Township ranks 23 of 24 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 1736 of 2,063.

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

How rent in Olio Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$607 (±$127)$715 (±$73)+17.8%No measurable change after inflation
Households that rent37.7% (±8.4 points)27.9% (±8.1 points)−9.8 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±4.2 points)0.0% (±6.3 points)0.0 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 Olio Township

Nearest places with a published estimate, compared with Olio Township
PlaceDistanceMedian gross rentCompared with this place
Olio Township—$715 (±$73)—
Eureka2.9 mi$692 (±$98)Not measurably different
Montgomery Township (Woodford County)4.6 mi$1,084 (±$99)Higher
Secor5.0 mi$782 (±$17)Not measurably different
Roanoke Township5.6 mi$1,101 (±$94)Higher
Palestine Township5.9 mi$1,078 (±$291)Higher
Goodfield6.0 mi$1,156 (±$250)Higher
Roanoke6.0 mi$1,101 (±$94)Higher
Congerville6.7 mi$1,054 (±$182)Higher

Nearby places with a measurably higher figure: Montgomery Township (Woodford County), IL ($1,084), Roanoke Township, IL ($1,101), Palestine Township, IL ($1,078).

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
17El Paso Township$888 (±$135)
18El Paso$881 (±$149)
19Metamora Township$860 (±$483)
20Washburn$856 (±$164)
21Bay View Gardens$787 (±$55)
22Secor$782 (±$17)
23Olio Township$715 (±$73)
24Eureka$692 (±$98)

Showing 8 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 Olio Township

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 Olio Township, 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 Olio Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Olio Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Olio Township

What is the average rent in Olio Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Olio Township is $715 (±$73) 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 Olio Township?

In Olio Township, the median gross rent went from $607 in 2015–2019 to $715 in 2020–2024 (+17.8%).

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 Olio Township cost more than $2,000 a month?

4.3% of rented homes in Olio Township have a gross rent of $2,000 or more a month, and 17.6% cost less than $500.

Is rent in Olio Township higher than in Woodford County?

In Olio Township, median gross rent is lower 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 Olio township, Woodford County, Illinois (county subdivision:55821, 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