What percentage of people rent in University Park, IL?

Name: Renters and owners in University Park, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

36.3% (±8.1 points) of the occupied homes in University Park, IL are rented (2020–2024 American Community Survey).

That is 914 renting households against 1,602 that own their home.

In University Park, the share of households that rent went from 46.2% in 2015–2019 to 36.3% in 2020–2024 (−9.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 36.3% (±8.1 points)
Renting households: 914 (±215)
Median renter income: $55,052 (±$11,201)

Who rents and who owns in University Park

Tenure, estimate (90% margin of error)
	University Park	Will County	Illinois	United States
Renter-occupied share	36.3% (±8.1 points)	17.2% (±0.6 points)	32.9% (±0.2 points)	34.8%
Renting households	914 (±215)	42,123 (±1,561)	1,657,539 (±10,322)	45,017,354
Owning households	1,602 (±260)	202,150 (±1,705)	3,378,910 (±14,728)	84,210,142
Average renter household size	3.3 (±0.3)	2.4 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.9 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$55,052 (±$11,201)	$53,701 (±$2,319)	$50,420 (±$471)	$52,966
Median owner household income	$88,571 (±$21,121)	$123,406 (±$1,822)	$103,505 (±$377)	$100,009

In University Park, the renter share is higher than in Will County (17.2%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Will County, University Park ranks 4 of 57 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 257 of 2,751.

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

How renting in University Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	46.2% (±5.9 points)	36.3% (±8.1 points)	−9.9 percentage points	Not a measurable change
Median gross rent	$978 (±$88)	$1,649 (±$161)	+68.6%	Up after inflation
Median household income	$52,250 (±$9,182)	$73,844 (±$12,510)	+41.3%	No measurable change after inflation

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.

Households that rent in places near University Park

Nearest places with a published estimate, compared with University Park
Place	Distance	Households that rent	Compared with this place
University Park	—	36.3% (±8.1 points)	—
Monee Township	2.0 mi	22.1% (±4.6 points)	Lower
Richton Park	2.8 mi	48.1% (±5.4 points)	Higher
Park Forest	2.8 mi	34.2% (±5.2 points)	Not measurably different
Monee	2.8 mi	7.0% (±5.6 points)	Lower
Crete	4.6 mi	10.0% (±3.7 points)	Lower
Matteson	4.6 mi	22.6% (±5.7 points)	Lower
South Chicago Heights	4.7 mi	39.4% (±11.4 points)	Not measurably different
Rich Township	4.8 mi	25.5% (±2.1 points)	Lower

Nearby places with a measurably lower figure: Monee Township, IL (22.1%), Monee, IL (7.0%), Crete, IL (10.0%).

Nearby places with a measurably higher figure: Richton Park, IL (48.1%).

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

Households that rent across Will County, place by place

Rank	Place	Households that rent
1	Rockdale	53.8% (±11.7 points)
2	Joliet Township	42.3% (±1.9 points)
3	Preston Heights	42.0% (±10.4 points)
4 (tie)	University Park	36.3% (±8.1 points)
4 (tie)	Wilmington Township	36.3% (±6.3 points)
6	Wilmington (Will County)	35.6% (±6.2 points)
7	Ingalls Park	34.8% (±10.5 points)
8	Crest Hill	32.7% (±4.1 points)
9	Ridgewood	30.5% (±15.2 points)
10	Fairmont	30.1% (±9.7 points)

Showing 10 of 57 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 University Park

How many renters are there in University Park?

University Park has an estimated 914 (±215) renting households, 36.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in University Park?

In University Park, the share of households that rent went from 46.2% in 2015–2019 to 36.3% in 2020–2024 (−9.9 percentage points), not a measurable change.

How big are renting households in University Park?

A renting household in University Park has 3.3 people on average, against 2.6 in an owned home.

How much do renters earn in University Park?

The median renting household in University Park, IL has an income of $55,052 (±$11,201) a year, against $88,571 for households that own their home.

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) and detailed tables (acs/acs5) for University Park village, Illinois (place:76935, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.