What is the rental vacancy rate in Rich Township, IL?
The rental vacancy rate in Rich Township, IL is 2.3% (±1.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.9% (±0.5 points).
1,732 (±423) homes, 5.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Rich Township, the rental vacancy rate went from 7.2% in 2015–2019 to 2.3% in 2020–2024 (−4.9 percentage points), a measurable decrease.
Figures last updated on .
- Rental vacancy rate
- 2.3% (±1.7 points)
- Homeowner vacancy rate
- 0.9% (±0.5 points)
- Vacant homes
- 1,732 (±423)
Vacancy in Rich Township against Cook County, its state and the nation
| Rich Township | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 2.3% (±1.7 points) | 4.5% (±0.2 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.9% (±0.5 points) | 1.1% (±0.1 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 1,732 (±423) | 176,263 (±3,778) | 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 Rich Township, the rental vacancy rate is lower than in Cook County (4.5%).
It is also lower than in Illinois (5.0%).
It is lower than the national figure (5.5%).
Rental vacancy rate in places near Rich Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Rich Township | — | 2.3% (±1.7 points) | — |
| Matteson | 0.8 mi | 0.0% (±2.2 points) | Not measurably different |
| Olympia Fields | 2.2 mi | 19.6% (±20.6 points) | Not measurably different |
| Richton Park | 2.5 mi | 1.4% (±1.7 points) | Not measurably different |
| Flossmoor | 3.0 mi | 0.0% (±19.2 points) | Not measurably different |
| Park Forest | 3.3 mi | 3.9% (±3.5 points) | Not measurably different |
| Country Club Hills | 3.4 mi | 0.0% (±2.5 points) | Not measurably different |
| Frankfort Square | 3.6 mi | 0.0% (±21.3 points) | Not measurably different |
| Hazel Crest | 4.7 mi | 8.4% (±9.2 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 Cook County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 90 (tie) | Hoffman Estates | 2.5% (±1.9 points) |
| 92 | Schaumburg Township | 2.4% (±1.1 points) |
| 93 (tie) | Bridgeview | 2.3% (±2.0 points) |
| 93 (tie) | Burbank | 2.3% (±3.7 points) |
| 93 (tie) | Palos Hills | 2.3% (±3.7 points) |
| 93 (tie) | Phoenix | 2.3% (±3.7 points) |
| 93 (tie) | Rich Township | 2.3% (±1.7 points) |
| 98 | Calumet Township | 2.2% (±2.2 points) |
| 99 | South Holland | 2.1% (±3.8 points) |
| 100 | Schiller Park | 1.9% (±2.9 points) |
| 101 | Stickney Township | 1.8% (±2.6 points) |
| 102 (tie) | Blue Island | 1.7% (±2.0 points) |
| 102 (tie) | Melrose Park | 1.7% (±1.7 points) |
Showing 13 of 148 places in Cook 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 Rich Township
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Questions about Rich Township
Is it hard to find a rental in Rich Township?
The rental vacancy rate in Rich Township, IL is 2.3% (±1.7 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 Rich Township tighter than it was?
In Rich Township, the rental vacancy rate went from 7.2% in 2015–2019 to 2.3% in 2020–2024 (−4.9 percentage points), a measurable decrease.
How many homes are vacant in Rich Township?
An estimated 1,732 (±423) housing units, 5.5% 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 — Rich township, Cook County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rich township, Cook County, 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 Rich township, Cook County, Illinois (county subdivision:63498, in state:17 county:031).
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
- Housing in Rich Township at a glance
- Median rent in Rich Township
- Rent by bedrooms in Rich Township
- Rent burden in Rich Township
- Renters and owners in Rich Township
- Income and affordability in Rich Township
- Home values in Rich Township
- Homeowner costs in Rich Township
- Property taxes in Rich Township
- Types of homes in Rich Township
- Bedrooms in Rich Township
- Age of homes in Rich Township
- Heating fuel in Rich Township
- Commute and cars in Rich Township
- Population growth in Rich Township
- How long people stay in Rich Township
- Crowding and facilities in Rich Township
- Fair Market Rent in Rich Township
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois