What is the rental vacancy rate in Troy Township, IL?
The rental vacancy rate in Troy Township, IL is 11.6% (±6.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.1% (±0.1 points).
786 (±271) homes, 4.1% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Troy Township, the rental vacancy rate went from 6.6% in 2015–2019 to 11.6% in 2020–2024 (+5.0 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 11.6% (±6.0 points)
- Homeowner vacancy rate
- 0.1% (±0.1 points)
- Vacant homes
- 786 (±271)
Vacancy in Troy Township against Will County, its state and the nation
| Troy Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 11.6% (±6.0 points) | 3.7% (±0.9 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.1% (±0.1 points) | 0.5% (±0.1 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 786 (±271) | 10,005 (±797) | 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 Troy Township, the rental vacancy rate is higher than in Will County (3.7%).
It is also higher than in Illinois (5.0%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Troy Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Troy Township | — | 11.6% (±6.0 points) | — |
| Shorewood | 1.1 mi | 18.5% (±19.3 points) | Not measurably different |
| Joliet | 2.6 mi | 4.3% (±1.5 points) | Lower |
| Rockdale | 3.7 mi | 0.0% (±7.5 points) | Lower |
| Sunnyland | 5.1 mi | 0.0% (±47.0 points) | Not measurably different |
| Plainfield Township | 5.9 mi | 4.0% (±3.9 points) | Lower |
| Joliet Township | 5.9 mi | 2.7% (±1.2 points) | Lower |
| Channahon Township | 6.0 mi | 11.3% (±16.8 points) | Not measurably different |
| Preston Heights | 6.1 mi | 3.0% (±5.0 points) | Lower |
Nearby places with a measurably lower figure: Joliet, IL (4.3%), Rockdale, IL (0.0%), Plainfield Township, IL (4.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Will County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Godley | 20.8% (±28.5 points) |
| 2 | Mokena | 20.5% (±14.4 points) |
| 3 | Shorewood | 18.5% (±19.3 points) |
| 4 | Frankfort Township (Will County) | 13.1% (±9.3 points) |
| 5 | Homer Glen | 12.6% (±13.8 points) |
| 6 | Troy Township | 11.6% (±6.0 points) |
| 7 | Channahon Township | 11.3% (±16.8 points) |
| 8 | Elwood | 10.4% (±16.6 points) |
| 9 | Homer Township | 9.9% (±8.2 points) |
| 10 | New Lenox Township | 9.2% (±10.0 points) |
| 11 | Jackson Township (Will County) | 8.9% (±14.2 points) |
| 12 | Romeoville | 6.5% (±4.3 points) |
Showing 12 of 55 places in Will 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 Troy Township
Is it hard to find a rental in Troy Township?
The rental vacancy rate in Troy Township, IL is 11.6% (±6.0 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 Troy Township tighter than it was?
In Troy Township, the rental vacancy rate went from 6.6% in 2015–2019 to 11.6% in 2020–2024 (+5.0 percentage points), not a measurable change.
How many homes are vacant in Troy Township?
An estimated 786 (±271) housing units, 4.1% 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 — Troy township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Troy township, Will 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 Troy township, Will County, Illinois (county subdivision:76212, in state:17 county:197).
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 Troy Township at a glance
- Median rent in Troy Township
- Rent by bedrooms in Troy Township
- Rent burden in Troy Township
- Renters and owners in Troy Township
- Income and affordability in Troy Township
- Home values in Troy Township
- Homeowner costs in Troy Township
- Property taxes in Troy Township
- Types of homes in Troy Township
- Bedrooms in Troy Township
- Age of homes in Troy Township
- Heating fuel in Troy Township
- Commute and cars in Troy Township
- Population growth in Troy Township
- How long people stay in Troy Township
- Crowding and facilities in Troy Township
- Fair Market Rent in Troy Township
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois