Dekalb County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Dekalb County IL was $846 in 2017 according to the Census ACS survey.1 Average gross rent in Dekalb County was $901 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 Dekalb County median and average rent data will be released in September of 2019.
Data is also available below for Dekalb County rental vacancy rates, Dekalb County rent as a percent of median income and the fraction of renters in Dekalb County.
Real Gross Rent in Dekalb 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% |
Dekalb County IL Median Gross Rent | $846 | -8.04% | -1.74% |
Dekalb County IL Real Gross Rent Trends
Median gross rent for Dekalb County peaked in real terms in 2015 at $940 and is now $94 (10.00%) lower. Average gross rent for Dekalb County peaked in real terms in 2010 at $962 and is now $61 (6.34%) lower.
Real Gross Rent: Dekalb County IL Median, Dekalb County IL Average, Illinois Median, US Median
Real Gross Rent History for Dekalb County
Date | US Median |
Illinois Median |
Dekalb County IL Median |
Dekalb County IL Average |
---|---|---|---|---|
2017 | $1,012 | $974 | $846 | $901 |
2016 | $996 | $965 | $920 | $923 |
2015 | $987 | $963 | $940 | $946 |
2014 | $956 | $927 | $861 | $914 |
2013 | $924 | $904 | $825 | $895 |
2012 | $912 | $896 | $855 | $889 |
2011 | $912 | $900 | $842 | $837 |
2010 | $927 | $919 | $879 | $962 |
2009 | $931 | $915 | $847 | $864 |
2008 | $947 | $932 | $848 | $911 |
2007 | $899 | $892 | $901 | $886 |
2006 | $909 | $906 | $867 | $892 |
Dekalb 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 Dekalb County Illinois was 3.04% according to Census ACS data.
Rental Vacancy Rate in Dekalb County Illinois
2017 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 6.18% | +0.29% | -0.14% |
Illinois | 7.02% | +1.01% | +0.49% |
Dekalb County IL | 3.04% | -1.76% | -4.26% |
Trends in Dekalb County IL Rental Vacancy Rate
The rental vacancy rate in Dekalb County peaked in 2014 at 7.30%. Since then it has fallen by 4.26% to 3.04%. Data records for this series originated in 2005.
Rental Vacancy Rate: Dekalb County IL, Illinois, US
Historical Rental Vacancy Rate data for Dekalb County
Date | US | Illinois | Dekalb County IL |
---|---|---|---|
2017 | 6.18% | 7.02% | 3.04% |
2016 | 5.89% | 6.01% | 4.80% |
2015 | 5.85% | 6.21% | — |
2014 | 6.32% | 6.53% | 7.30% |
2013 | 6.49% | 6.16% | — |
2012 | 6.77% | 6.39% | — |
2011 | 7.40% | 7.35% | 4.06% |
2010 | 8.17% | 7.66% | — |
2009 | 8.43% | 7.84% | — |
2008 | 7.86% | 6.87% | — |
2007 | 7.87% | 7.69% | — |
2006 | 7.70% | 8.69% | — |
Rent as a Fraction of Income
Using median household income data for Dekalb County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dekalb County, median monthly gross rent as a fraction of median household income was 16.94% in 2017 according to the ACS.
Dekalb 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% |
Dekalb County IL | 16.94% | -1.40% | -0.94% |
Trends in Dekalb County IL Rent as a Fraction of Income
The fraction of median Dekalb County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 21.67%. Since then it has fallen by 4.74% to 16.94%.
Fraction of Income towards Rent: Dekalb County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Dekalb County Illinois
Date | US | Illinois | Dekalb County IL |
---|---|---|---|
2017 | 20.13% | 18.55% | 16.94% |
2016 | 20.43% | 18.70% | 18.34% |
2015 | 20.63% | 18.85% | 19.77% |
2014 | 20.89% | 18.91% | 17.88% |
2013 | 20.78% | 18.89% | 18.34% |
2012 | 20.65% | 18.89% | 21.67% |
2011 | 20.70% | 19.36% | 18.80% |
2010 | 20.50% | 19.21% | 18.89% |
2009 | 20.12% | 18.41% | 18.49% |
2008 | 19.00% | 17.31% | 16.59% |
2007 | 18.66% | 17.36% | 17.29% |
2006 | 18.90% | 17.56% | 17.11% |
Renter Fraction in Dekalb County Illinois
You can calculate the renter fraction in Dekalb 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 Dekalb County as a fraction of total Dekalb County households. In 2017 45.31% of households were renters according to Census ACS data.
Dekalb 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% |
Dekalb County IL | 45.31% | +3.38% | +3.23% |
Trends in the Dekalb County IL Renter Fraction
At 45.31%, the 2017 household based renter fraction in Dekalb County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Dekalb County IL, Illinois, US
History of Dekalb County Renter Fraction
Date | US | Illinois | Dekalb County IL |
---|---|---|---|
2017 | 36.13% | 33.82% | 45.31% |
2016 | 36.88% | 34.74% | 41.93% |
2015 | 36.97% | 34.72% | 44.18% |
2014 | 36.90% | 34.51% | 42.08% |
2013 | 36.50% | 34.06% | 43.31% |
2012 | 36.09% | 33.40% | 42.78% |
2011 | 35.42% | 32.65% | 38.07% |
2010 | 34.65% | 32.27% | 37.17% |
2009 | 34.13% | 32.00% | 41.35% |
2008 | 33.36% | 30.73% | 36.99% |
2007 | 32.80% | 29.94% | 36.36% |
2006 | 32.73% | 30.12% | 36.52% |
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. ↩