What is the median rent in Volo, IL?

The median gross rent in Volo, IL is $2,169 (±$208) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 408 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Volo, the median gross rent went from $1,600 in 2015–2019 to $2,169 in 2020–2024 (+35.6%).

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
$2,169 (±$208)
Rented homes
408 (±252)
$2,000 or more
71.3%
Since 2015–2019
+35.6%

How much rent costs in Volo

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentVoloLake CountyIllinoisUnited States
Less than $5000.0% (±8.8 points)5.1%7.0%6.3%
$500 to $9990.0% (±8.8 points)14.9%23.5%20.2%
$1,000 to $1,4995.1% (±9.7 points)31.3%32.6%28.1%
$1,500 to $1,99923.5% (±24.6 points)26.2%18.7%21.1%
$2,000 to $2,49963.0% (±33.7 points)12.4%9.6%12.0%
$2,500 to $2,9998.3% (±14.8 points)4.6%4.1%5.5%
$3,000 or more0.0% (±8.8 points)5.3%4.4%6.8%

The most common range is $2,000 to $2,499, paid by 63.0% of renting households.

71.3% of rented homes in Volo cost $2,000 or more a month.

Volo against Lake County, its state and the nation

Estimate (90% margin of error)
VoloLake CountyIllinoisUnited States
Median gross rent$2,169 (±$208)$1,477 (±$29)$1,274 (±$5)$1,413
Rented homes paying rent408 (±252)62,163 (±1,559)1,587,238 (±10,609)42,849,984

In Volo, 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, Volo ranks 9 of 64 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 30 of 2,063.

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

How rent in Volo has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$1,600 (±$185)$2,169 (±$208)+35.6%No measurable change after inflation
Households that rent8.5% (±4.8 points)18.0% (±10.1 points)+9.5 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±17.8 points)0.0% (±8.8 points)0.0 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 Volo

Nearest places with a published estimate, compared with Volo
PlaceDistanceMedian gross rentCompared with this place
Volo—$2,169 (±$208)—
Lakemoor2.3 mi$1,726 (±$32)Lower
Grant Township (Lake County)2.8 mi$1,331 (±$145)Lower
Round Lake3.0 mi$1,710 (±$311)Lower
Long Lake3.3 mi$1,530 (±$615)Not measurably different
Wauconda Township3.3 mi$1,566 (±$258)Lower
Wauconda3.9 mi$1,371 (±$113)Lower
Round Lake Park4.0 mi$1,402 (±$161)Lower
Island Lake4.2 mi$1,874 (±$208)Lower

Nearby places with a measurably lower figure: Lakemoor, IL ($1,726), Grant Township (Lake County), IL ($1,331), Round Lake, IL ($1,710).

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

RankPlaceMedian gross rent
1 (tie)Long Grove$3,500 or more
4Lincolnshire$2,858 (±$463)
5Deer Park$2,754 (±$508)
6North Barrington$2,679 (±$1,101)
7Deerfield$2,482 (±$335)
8West Deerfield Township$2,284 (±$194)
9Volo$2,169 (±$208)
10Lake Bluff$2,063 (±$800)
11Buffalo Grove$2,037 (±$148)
12Ela Township$2,011 (±$192)
13Cuba Township$1,978 (±$1,029)
14Vernon Township$1,949 (±$88)
15Highland Park$1,925 (±$124)

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 Volo

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Questions about Volo

What is the average rent in Volo, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Volo is $2,169 (±$208) 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 Volo?

In Volo, the median gross rent went from $1,600 in 2015–2019 to $2,169 in 2020–2024 (+35.6%).

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 Volo cost more than $2,000 a month?

71.3% of rented homes in Volo have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

Is rent in Volo higher than in Lake County?

In Volo, 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

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 Volo village, Illinois (place:78227, in state:17).

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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