Department of Numbers

Adams County Illinois Residential Rent and Rental Statistics

The median monthly gross residential rent in Adams County IL was $667 in 2017 according to the Census ACS survey.1 Average gross rent in Adams County was $629 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Adams County median and average rent data will be released in September of 2019.

Data is also available below for Adams County rental vacancy rates, Adams County rent as a percent of median income and the fraction of renters in Adams County.

Show dollars as: Nominal Real

Real Gross Rent in Adams County Illinois (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Illinois Median Gross Rent $974 +0.93% +5.07%
Adams County IL Median Gross Rent $667 -3.33% +7.23%

Adams County IL Real Gross Rent Trends

Median gross rent for Adams County peaked in real terms in 2016 at $690 and is now $23 (3.33%) lower. Average gross rent for Adams County peaked in real terms in 2016 at $676 and is now $47 (6.95%) lower.

Real Gross Rent: Adams County IL Median, Adams County IL Average, Illinois Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Adams County

Date US
Median
Illinois
Median
Adams County IL
Median
Adams County IL
Average
2017 $1,012 $974 $667 $629
2016 $996 $965 $690 $676
2015 $987 $963 $562 $605
2014 $956 $927 $622 $605
2013 $924 $904 $544 $557
2012 $912 $896 $665 $643
2011 $912 $900 $580 $592
2010 $927 $919 $631 $565
2009 $931 $915 $631 $585
2008 $947 $932 $651 $655
2007 $899 $892 $546 $546
2006 $909 $906 $607 $584

Adams County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Adams County Illinois was 6.75% according to Census ACS data.

Rental Vacancy Rate in Adams County Illinois

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Illinois 7.02% +1.01% +0.49%
Adams County IL 6.75% -1.12% +2.80%

Trends in Adams County IL Rental Vacancy Rate

The rental vacancy rate in Adams County peaked in 2008 at 8.65%. Since then it has fallen by 1.90% to 6.75%. Data records for this series originated in 2005. From a 2010 post peak low of 2.09%, the rental vacancy rate has increased by 4.66%.

Rental Vacancy Rate: Adams County IL, Illinois, US

Rental vacancy rate in Illinois

Historical Rental Vacancy Rate data for Adams County

Date US Illinois Adams County IL
2017 6.18% 7.02% 6.75%
2016 5.89% 6.01% 7.87%
2015 5.85% 6.21%
2014 6.32% 6.53% 3.95%
2013 6.49% 6.16% 5.10%
2012 6.77% 6.39% 4.86%
2011 7.40% 7.35% 6.02%
2010 8.17% 7.66% 2.09%
2009 8.43% 7.84%
2008 7.86% 6.87% 8.65%
2007 7.87% 7.69%
2006 7.70% 8.69%

Rent as a Fraction of Income

Using median household income data for Adams County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Adams County, median monthly gross rent as a fraction of median household income was 16.44% in 2017 according to the ACS.

Adams County Illinois Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Illinois 18.55% -0.15% -0.35%
Adams County IL 16.44% +0.66% +0.47%

Trends in Adams County IL Rent as a Fraction of Income

The fraction of median Adams County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 17.19%. Since then it has fallen by 0.75% to 16.44%.

Fraction of Income towards Rent: Adams County IL, Illinois, US

Percent of median household income going towards median monthly gross rent in Adams County Illinois

Historical Data for Annual Rent as a Fraction of Income in Adams County Illinois

Date US Illinois Adams County IL
2017 20.13% 18.55% 16.44%
2016 20.43% 18.70% 15.78%
2015 20.63% 18.85% 14.08%
2014 20.89% 18.91% 15.97%
2013 20.78% 18.89% 15.48%
2012 20.65% 18.89% 16.69%
2011 20.70% 19.36% 15.59%
2010 20.50% 19.21% 17.19%
2009 20.12% 18.41% 16.84%
2008 19.00% 17.31% 15.17%
2007 18.66% 17.36% 13.05%
2006 18.90% 17.56% 15.60%

Renter Fraction in Adams County Illinois

You can calculate the renter fraction in Adams County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Adams County as a fraction of total Adams County households. In 2017 25.72% of households were renters according to Census ACS data.

Adams County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Illinois 33.82% -0.92% -0.69%
Adams County IL 25.72% -2.58% -4.46%

Trends in the Adams County IL Renter Fraction

The Adams County household renter fraction peaked in in 2013 at 36.28% and is now 10.56% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Adams County IL, Illinois, US

Fraction of renters in Adams County

History of Adams County Renter Fraction

Date US Illinois Adams County IL
2017 36.13% 33.82% 25.72%
2016 36.88% 34.74% 28.30%
2015 36.97% 34.72% 29.01%
2014 36.90% 34.51% 30.18%
2013 36.50% 34.06% 36.28%
2012 36.09% 33.40% 28.20%
2011 35.42% 32.65% 26.61%
2010 34.65% 32.27% 29.49%
2009 34.13% 32.00% 27.67%
2008 33.36% 30.73% 24.47%
2007 32.80% 29.94% 26.77%
2006 32.73% 30.12% 30.50%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.