What is the median rent in Spring Bay Township, IL?

The median gross rent in Spring Bay Township, IL is $923 (±$166) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 140 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Spring Bay Township, the median gross rent went from $689 in 2015–2019 to $923 in 2020–2024 (+34.0%).

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
$923 (±$166)
Rented homes
140 (±51)
$2,000 or more
0.0%
Since 2015–2019
+34.0%

How much rent costs in Spring Bay Township

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentSpring Bay TownshipWoodford CountyIllinoisUnited States
Less than $5000.7% (±1.8 points)8.9%7.0%6.3%
$500 to $99956.4% (±16.8 points)49.0%23.5%20.2%
$1,000 to $1,49941.4% (±16.4 points)33.8%32.6%28.1%
$1,500 to $1,9991.4% (±2.2 points)6.2%18.7%21.1%
$2,000 to $2,4990.0% (±23.2 points)1.5%9.6%12.0%
$2,500 to $2,9990.0% (±23.2 points)0.6%4.1%5.5%
$3,000 or more0.0% (±23.2 points)0.0%4.4%6.8%

The most common range is $500 to $999, paid by 56.4% of renting households.

0.0% of rented homes in Spring Bay Township cost $2,000 or more a month.

Spring Bay Township against Woodford County, its state and the nation

Estimate (90% margin of error)
Spring Bay TownshipWoodford CountyIllinoisUnited States
Median gross rent$923 (±$166)$912 (±$86)$1,274 (±$5)$1,413
Rented homes paying rent140 (±51)1,924 (±256)1,587,238 (±10,609)42,849,984

In Spring Bay Township, median gross rent is not measurably different from Woodford County ($912).

It is also lower than in Illinois ($1,274).

It is lower than the national figure ($1,413).

In Woodford County, Spring Bay Township ranks 15 of 24 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 959 of 2,063.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Spring Bay Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$689 (±$53)$923 (±$166)+34.0%No measurable change after inflation
Households that rent22.7% (±7.0 points)14.7% (±4.4 points)−8.0 percentage pointsNot a measurable change
Rental vacancy rate2.6% (±4.6 points)3.2% (±5.8 points)+0.6 percentage pointsNot 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 Spring Bay Township

Nearest places with a published estimate, compared with Spring Bay Township
PlaceDistanceMedian gross rentCompared with this place
Spring Bay Township—$923 (±$166)—
Bay View Gardens1.5 mi$787 (±$55)Not measurably different
Spring Bay2.0 mi$1,071 (±$127)Not measurably different
Richwoods Township3.6 mi$913 (±$45)Not measurably different
Peoria Heights3.9 mi$913 (±$45)Not measurably different
Worth Township (Woodford County)4.6 mi$1,203 (±$159)Higher
Medina Township4.8 mi$1,282 (±$103)Higher
Peoria City Township5.4 mi$971 (±$37)Not measurably different
Peoria5.5 mi$1,005 (±$36)Not measurably different

Nearby places with a measurably higher figure: Worth Township (Woodford County), IL ($1,203), Medina Township, IL ($1,282).

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

Median gross rent across Woodford County, place by place

RankPlaceMedian gross rent
9Metamora$1,008 (±$600)
10Minonk$999 (±$174)
11Minonk Township$979 (±$164)
12 (tie)Benson$950 (±$279)
12 (tie)Clayton Township (Woodford County)$950 (±$279)
14Kappa$925 (±$260)
15Spring Bay Township$923 (±$166)
16Cazenovia Township$900 (±$133)
17El Paso Township$888 (±$135)
18El Paso$881 (±$149)
19Metamora Township$860 (±$483)
20Washburn$856 (±$164)
21Bay View Gardens$787 (±$55)

Showing 13 of 24 places in Woodford 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 Spring Bay Township

What is the average rent in Spring Bay Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Spring Bay Township is $923 (±$166) 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 Spring Bay Township?

In Spring Bay Township, the median gross rent went from $689 in 2015–2019 to $923 in 2020–2024 (+34.0%).

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 Spring Bay Township cost more than $2,000 a month?

0.0% of rented homes in Spring Bay Township have a gross rent of $2,000 or more a month, and 0.7% cost less than $500.

Is rent in Spring Bay Township higher than in Woodford County?

In Spring Bay Township, median gross rent is not measurably different from Woodford County ($912).

It is also lower than in 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

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 Spring Bay township, Woodford County, Illinois (county subdivision:71611, in state:17 county:203).

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.

Request a Census API 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 .

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