What is the rental vacancy rate in Rantoul, IL?

The rental vacancy rate in Rantoul, IL is 14.3% (±6.2 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.6% (±1.0 points).

715 (±256) homes, 11.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Rantoul, the rental vacancy rate went from 15.4% in 2015–2019 to 14.3% in 2020–2024 (−1.1 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
14.3% (±6.2 points)
Homeowner vacancy rate
0.6% (±1.0 points)
Vacant homes
715 (±256)

Vacancy in Rantoul against Champaign County, its state and the nation

Estimate (90% margin of error)
RantoulChampaign CountyIllinoisUnited States
Rental vacancy rate14.3% (±6.2 points)9.0% (±1.3 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.6% (±1.0 points)1.4% (±0.5 points)1.0% (±0.1 points)0.9%
Vacant housing units715 (±256)9,643 (±838)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 Rantoul, the rental vacancy rate is not measurably different from Champaign County (9.0%).

It is also higher than in Illinois (5.0%).

It is higher than the national figure (5.5%).

Rental vacancy rate in places near Rantoul

Nearest places with a published estimate, compared with Rantoul
PlaceDistanceRental vacancy rateCompared with this place
Rantoul—14.3% (±6.2 points)—
Rantoul Township2.3 mi13.0% (±5.5 points)Not measurably different
Thomasboro4.4 mi5.3% (±8.5 points)Not measurably different
Ludlow Township4.4 mi14.6% (±11.7 points)Not measurably different
Ludlow6.0 mi4.7% (±7.7 points)Not measurably different
Harwood Township6.2 mi17.9% (±27.0 points)Not measurably different
Gifford7.0 mi26.7% (±36.4 points)Not measurably different
Condit Township7.3 mi0.0% (±100.0 points)Not measurably different
Compromise Township8.3 mi14.0% (±20.5 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Rental vacancy rate across Champaign County, place by place

RankPlaceRental vacancy rate
2Newcomb Township34.4% (±47.1 points)
3Ivesdale30.8% (±50.0 points)
4Gifford26.7% (±36.4 points)
5Fisher21.6% (±21.3 points)
6Harwood Township17.9% (±27.0 points)
7Ludlow Township14.6% (±11.7 points)
8Rantoul14.3% (±6.2 points)
9Compromise Township14.0% (±20.5 points)
10Royal13.6% (±24.2 points)
11Rantoul Township13.0% (±5.5 points)
12Sadorus Township12.9% (±21.6 points)
13Brown Township11.0% (±15.2 points)
14Urbana Township10.3% (±10.1 points)

Showing 13 of 53 places in Champaign 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 Rantoul

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 Rantoul, 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 Rantoul beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

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

Join as a pro · Find a pro

Questions about Rantoul

Is it hard to find a rental in Rantoul?

The rental vacancy rate in Rantoul, IL is 14.3% (±6.2 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 Rantoul tighter than it was?

In Rantoul, the rental vacancy rate went from 15.4% in 2015–2019 to 14.3% in 2020–2024 (−1.1 percentage points), not a measurable change.

How many homes are vacant in Rantoul?

An estimated 715 (±256) housing units, 11.7% of the total, including seasonal homes and homes waiting to be sold or rented.

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 Rantoul village, Illinois (place:62783, 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.

Request a Census API 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