What is the rental vacancy rate in Richton Park, IL?

The rental vacancy rate in Richton Park, IL is 1.4% (±1.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.1% (±1.7 points).

291 (±165) homes, 5.0% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Richton Park, the rental vacancy rate went from 5.9% in 2015–2019 to 1.4% in 2020–2024 (−4.5 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
1.4% (±1.7 points)
Homeowner vacancy rate
1.1% (±1.7 points)
Vacant homes
291 (±165)

Vacancy in Richton Park against Cook County, its state and the nation

Estimate (90% margin of error)
Richton ParkCook CountyIllinoisUnited States
Rental vacancy rate1.4% (±1.7 points)4.5% (±0.2 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate1.1% (±1.7 points)1.1% (±0.1 points)1.0% (±0.1 points)0.9%
Vacant housing units291 (±165)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 Richton Park, 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 Richton Park

Nearest places with a published estimate, compared with Richton Park
PlaceDistanceRental vacancy rateCompared with this place
Richton Park—1.4% (±1.7 points)—
Matteson2.0 mi0.0% (±2.2 points)Not measurably different
Rich Township2.5 mi2.3% (±1.7 points)Not measurably different
University Park2.8 mi5.8% (±8.6 points)Not measurably different
Park Forest2.9 mi3.9% (±3.5 points)Not measurably different
Monee Township3.9 mi4.2% (±6.2 points)Not measurably different
Olympia Fields3.9 mi19.6% (±20.6 points)Not measurably different
Frankfort Square4.3 mi0.0% (±21.3 points)Not measurably different
Monee4.3 mi0.0% (±22.1 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

RankPlaceRental vacancy rate
102 (tie)Blue Island1.7% (±2.0 points)
102 (tie)Melrose Park1.7% (±1.7 points)
104 (tie)Cicero1.6% (±0.9 points)
104 (tie)Cicero Township1.6% (±0.9 points)
106Harvey1.5% (±1.1 points)
107 (tie)Prospect Heights1.4% (±2.2 points)
107 (tie)Richton Park1.4% (±1.7 points)
109 (tie)Sauk Village1.1% (±1.7 points)
109 (tie)Steger1.1% (±1.9 points)
109 (tie)Orland Township1.1% (±1.5 points)
112Dolton0.9% (±1.5 points)
113Rosemont0.7% (±1.0 points)
114Hanover Township (Cook County)0.5% (±0.5 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.

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Questions about Richton Park

Is it hard to find a rental in Richton Park?

The rental vacancy rate in Richton Park, IL is 1.4% (±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 Richton Park tighter than it was?

In Richton Park, the rental vacancy rate went from 5.9% in 2015–2019 to 1.4% in 2020–2024 (−4.5 percentage points), not a measurable change.

How many homes are vacant in Richton Park?

An estimated 291 (±165) housing units, 5.0% 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 Richton Park village, Illinois (place:63706, 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 .

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