What is the median rent in Richmond Township, IL?
The median gross rent in Richmond Township, IL is $1,242 (±$104) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 640 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Richmond Township, the median gross rent went from $970 in 2015–2019 to $1,242 in 2020–2024 (+28.0%).
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
- $1,242 (±$104)
- Rented homes
- 640 (±114)
- $2,000 or more
- 3.2%
- Since 2015–2019
- +28.0%
How much rent costs in Richmond Township
| Monthly gross rent | Richmond Township | McHenry County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 4.1% (±4.8 points) | 4.6% | 7.0% | 6.3% |
| $500 to $999 | 16.6% (±10.2 points) | 13.6% | 23.5% | 20.2% |
| $1,000 to $1,499 | 49.2% (±12.3 points) | 39.5% | 32.6% | 28.1% |
| $1,500 to $1,999 | 27.0% (±9.8 points) | 26.5% | 18.7% | 21.1% |
| $2,000 to $2,499 | 1.6% (±2.5 points) | 11.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 1.6% (±2.2 points) | 3.0% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±5.7 points) | 1.4% | 4.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 49.2% of renting households.
3.2% of rented homes in Richmond Township cost $2,000 or more a month.
Richmond Township against McHenry County, its state and the nation
| Richmond Township | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,242 (±$104) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 640 (±114) | 19,548 (±1,113) | 1,587,238 (±10,609) | 42,849,984 |
In Richmond Township, median gross rent is lower than in McHenry County ($1,401).
It is not measurably different from Illinois ($1,274).
It is lower than the national figure ($1,413).
In McHenry County, Richmond Township ranks 25 of 39 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 411 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Richmond Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $970 (±$73) | $1,242 (±$104) | +28.0% | No measurable change after inflation |
| Households that rent | 24.3% (±5.3 points) | 23.1% (±4.3 points) | −1.2 percentage points | Not a measurable change |
| Rental vacancy rate | 4.1% (±6.3 points) | 2.2% (±3.5 points) | −1.9 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 Richmond Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Richmond Township | — | $1,242 (±$104) | — |
| Richmond | 0.9 mi | $1,220 (±$84) | Not measurably different |
| Genoa City | 3.7 mi | $1,181 (±$265) | Not measurably different |
| Ringwood | 4.0 mi | $1,025 (±$374) | Not measurably different |
| Burton Township (McHenry County) | 4.1 mi | $1,210 (±$263) | Not measurably different |
| Twin Lakes | 4.8 mi | $870 (±$188) | Lower |
| Johnsburg | 5.6 mi | $1,128 (±$125) | Not measurably different |
| Pistakee Highlands | 5.6 mi | $1,906 (±$871) | Not measurably different |
| McHenry Township | 5.8 mi | $1,396 (±$83) | Higher |
Nearby places with a measurably lower figure: Twin Lakes, WI ($870).
Nearby places with a measurably higher figure: McHenry Township, IL ($1,396).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across McHenry County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 19 | Algonquin Township | $1,520 (±$94) |
| 20 | Crystal Lake | $1,468 (±$94) |
| 21 | McCullom Lake | $1,443 (±$210) |
| 22 | Cary | $1,428 (±$258) |
| 23 | McHenry Township | $1,396 (±$83) |
| 24 | Greenwood | $1,366 (±$48) |
| 25 | Richmond Township | $1,242 (±$104) |
| 26 | Dorr Township | $1,239 (±$79) |
| 27 | Richmond | $1,220 (±$84) |
| 28 | Woodstock | $1,212 (±$63) |
| 29 | Burton Township (McHenry County) | $1,210 (±$263) |
| 30 | Chemung Township | $1,198 (±$88) |
| 31 | Harvard | $1,183 (±$66) |
Showing 13 of 39 places in McHenry 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 Richmond Township
What is the average rent in Richmond Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Richmond Township is $1,242 (±$104) 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 Richmond Township?
In Richmond Township, the median gross rent went from $970 in 2015–2019 to $1,242 in 2020–2024 (+28.0%).
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 Richmond Township cost more than $2,000 a month?
3.2% of rented homes in Richmond Township have a gross rent of $2,000 or more a month, and 4.1% cost less than $500.
Is rent in Richmond Township higher than in McHenry County?
In Richmond Township, median gross rent is lower than in McHenry County ($1,401).
It is not measurably different from 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richmond township, McHenry County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richmond township, McHenry County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Richmond township, McHenry 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 Richmond township, McHenry County, Illinois (county subdivision:63654, in state:17 county:111).
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 Richmond Township at a glance
- Rent by bedrooms in Richmond Township
- Rent burden in Richmond Township
- Renters and owners in Richmond Township
- Income and affordability in Richmond Township
- Home values in Richmond Township
- Homeowner costs in Richmond Township
- Property taxes in Richmond Township
- Types of homes in Richmond Township
- Bedrooms in Richmond Township
- Age of homes in Richmond Township
- Heating fuel in Richmond Township
- Commute and cars in Richmond Township
- Population growth in Richmond Township
- How long people stay in Richmond Township
- Crowding and facilities in Richmond Township
- Fair Market Rent in Richmond Township
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by median rent
- Housing data for every place in Illinois