What is the median rent in Vernon Township, IL?
The median gross rent in Vernon Township, IL is $1,949 (±$88) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 6,446 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Vernon Township, the median gross rent went from $1,748 in 2015–2019 to $1,949 in 2020–2024 (+11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
Figures last updated on .
- Median gross rent
- $1,949 (±$88)
- Rented homes
- 6,446 (±550)
- $2,000 or more
- 47.0%
- Since 2015–2019
- +11.5%
How much rent costs in Vernon Township
| Monthly gross rent | Vernon Township | Lake County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 2.1% (±1.5 points) | 5.1% | 7.0% | 6.3% |
| $500 to $999 | 3.8% (±2.0 points) | 14.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 17.1% (±4.6 points) | 31.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 30.0% (±5.5 points) | 26.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 21.7% (±4.4 points) | 12.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 10.1% (±4.0 points) | 4.6% | 4.1% | 5.5% |
| $3,000 or more | 15.2% (±3.3 points) | 5.3% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 30.0% of renting households.
47.0% of rented homes in Vernon Township cost $2,000 or more a month.
Vernon Township against Lake County, its state and the nation
| Vernon Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,949 (±$88) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 6,446 (±550) | 62,163 (±1,559) | 1,587,238 (±10,609) | 42,849,984 |
In Vernon Township, median gross rent is higher than in Lake County ($1,477).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
In Lake County, Vernon Township ranks 14 of 64 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 51 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Vernon Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,748 (±$57) | $1,949 (±$88) | +11.5% | Down after inflation |
| Households that rent | 23.9% (±1.4 points) | 26.3% (±2.1 points) | +2.4 percentage points | Not a measurable change |
| Rental vacancy rate | 7.5% (±3.0 points) | 6.4% (±3.1 points) | −1.1 percentage points | Not 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 Vernon Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Vernon Township | — | $1,949 (±$88) | — |
| Lincolnshire | 1.4 mi | $2,858 (±$463) | Higher |
| Buffalo Grove | 2.4 mi | $2,037 (±$148) | Not measurably different |
| Indian Creek | 2.6 mi | $3,500 or more | — |
| Vernon Hills | 2.7 mi | $1,903 (±$125) | Not measurably different |
| Riverwoods | 3.1 mi | $1,842 (±$329) | Not measurably different |
| Long Grove | 3.4 mi | $3,500 or more | — |
| West Deerfield Township | 4.5 mi | $2,284 (±$194) | Higher |
| Wheeling | 4.9 mi | $1,663 (±$86) | Lower |
Nearby places with a measurably lower figure: Wheeling, IL ($1,663).
Nearby places with a measurably higher figure: Lincolnshire, IL ($2,858), West Deerfield Township, IL ($2,284).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lake County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 8 | West Deerfield Township | $2,284 (±$194) |
| 9 | Volo | $2,169 (±$208) |
| 10 | Lake Bluff | $2,063 (±$800) |
| 11 | Buffalo Grove | $2,037 (±$148) |
| 12 | Ela Township | $2,011 (±$192) |
| 13 | Cuba Township | $1,978 (±$1,029) |
| 14 | Vernon Township | $1,949 (±$88) |
| 15 | Highland Park | $1,925 (±$124) |
| 16 | Moraine Township | $1,910 (±$110) |
| 17 | Lake Zurich | $1,909 (±$167) |
| 18 | Vernon Hills | $1,903 (±$125) |
| 19 | Highwood | $1,900 (±$209) |
| 20 | Riverwoods | $1,842 (±$329) |
Showing 13 of 64 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 Vernon Township
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Questions about Vernon Township
What is the average rent in Vernon Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Vernon Township is $1,949 (±$88) 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 Vernon Township?
In Vernon Township, the median gross rent went from $1,748 in 2015–2019 to $1,949 in 2020–2024 (+11.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose more slowly than prices: a measurable decrease after inflation.
How many rentals in Vernon Township cost more than $2,000 a month?
47.0% of rented homes in Vernon Township have a gross rent of $2,000 or more a month, and 2.1% cost less than $500.
Is rent in Vernon Township higher than in Lake County?
In Vernon Township, median gross rent is higher than in Lake County ($1,477).
It is also higher than in Illinois ($1,274).
It is higher 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Vernon township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Vernon township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Vernon township, Lake County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Vernon township, Lake County, Illinois (county subdivision:77668, 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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free 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 .
Related
- Housing in Vernon Township at a glance
- Rent by bedrooms in Vernon Township
- Rent burden in Vernon Township
- Renters and owners in Vernon Township
- Income and affordability in Vernon Township
- Home values in Vernon Township
- Homeowner costs in Vernon Township
- Property taxes in Vernon Township
- Types of homes in Vernon Township
- Bedrooms in Vernon Township
- Age of homes in Vernon Township
- Vacancy rate in Vernon Township
- Heating fuel in Vernon Township
- Commute and cars in Vernon Township
- Population growth in Vernon Township
- How long people stay in Vernon Township
- Crowding and facilities in Vernon Township
- Fair Market Rent in Vernon Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by median rent
- Housing data for every place in Illinois