What is the rental vacancy rate in Shields Township, IL?

The rental vacancy rate in Shields Township, IL is 5.3% (±2.9 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.7 points).

1,024 (±267) homes, 9.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Shields Township, the rental vacancy rate went from 7.4% in 2015–2019 to 5.3% in 2020–2024 (−2.1 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
5.3% (±2.9 points)
Homeowner vacancy rate
0.7% (±0.7 points)
Vacant homes
1,024 (±267)

Vacancy in Shields Township against Lake County, its state and the nation

Estimate (90% margin of error)
Shields TownshipLake CountyIllinoisUnited States
Rental vacancy rate5.3% (±2.9 points)3.7% (±0.7 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate0.7% (±0.7 points)0.9% (±0.2 points)1.0% (±0.1 points)0.9%
Vacant housing units1,024 (±267)12,163 (±960)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 Shields Township, the rental vacancy rate is not measurably different from Lake County (3.7%).

It is not measurably different from Illinois (5.0%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Shields Township

Nearest places with a published estimate, compared with Shields Township
PlaceDistanceRental vacancy rateCompared with this place
Shields Township—5.3% (±2.9 points)—
Lake Bluff0.2 mi8.9% (±11.5 points)Not measurably different
Knollwood1.2 mi0.0% (±24.5 points)Not measurably different
North Chicago2.5 mi5.2% (±2.4 points)Not measurably different
Green Oaks3.1 mi7.8% (±9.4 points)Not measurably different
Lake Forest3.2 mi5.4% (±6.7 points)Not measurably different
Mettawa4.2 mi0.0% (±96.0 points)Not measurably different
Libertyville Township4.5 mi5.1% (±2.5 points)Not measurably different
Park City5.3 mi6.9% (±6.0 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 Lake County, place by place

RankPlaceRental vacancy rate
13Park City6.9% (±6.0 points)
14Vernon Township6.4% (±3.1 points)
15Round Lake6.0% (±8.2 points)
16Highland Park5.9% (±5.6 points)
17Mundelein5.8% (±3.4 points)
18Lake Forest5.4% (±6.7 points)
19 (tie)Shields Township5.3% (±2.9 points)
19 (tie)West Deerfield Township5.3% (±5.0 points)
21 (tie)Libertyville5.2% (±5.1 points)
21 (tie)North Chicago5.2% (±2.4 points)
23 (tie)Fox Lake5.1% (±4.3 points)
23 (tie)Libertyville Township5.1% (±2.5 points)
25Buffalo Grove5.0% (±3.5 points)

Showing 13 of 71 places in Lake 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 Shields 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 Shields 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 Shields Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

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

Join as a pro · Find a pro

Questions about Shields Township

Is it hard to find a rental in Shields Township?

The rental vacancy rate in Shields Township, IL is 5.3% (±2.9 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 Shields Township tighter than it was?

In Shields Township, the rental vacancy rate went from 7.4% in 2015–2019 to 5.3% in 2020–2024 (−2.1 percentage points), not a measurable change.

How many homes are vacant in Shields Township?

An estimated 1,024 (±267) housing units, 9.5% 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 Shields township, Lake County, Illinois (county subdivision:69485, in state:17 county:097).

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