Lasalle County Illinois Residential Rent and Rental Statistics
The median monthly gross residential rent in Lasalle County IL was $763 in 2019 according to the Census ACS survey.1 Average gross rent in Lasalle County was $711 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Lasalle County median and average rent data will be released in September of 2021.
Data is also available below for Lasalle County rental vacancy rates, Lasalle County rent as a percent of median income and the fraction of renters in Lasalle County.
Real Gross Rent in Lasalle County Illinois (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Illinois Median Gross Rent | $1,020 | +0.69% | +2.51% |
| Lasalle County IL Median Gross Rent | $763 | +4.95% | +2.14% |
Lasalle County IL Real Gross Rent Trends
Median gross rent for Lasalle County peaked in real terms in 2006 at $837 and is now $74 (8.84%) lower. From a recent low of 653.0 in 2007, real median gross rent has now increased by $110 (16.85%). Average gross rent for Lasalle County peaked in real terms in 2017 at $791 and is now $80 (10.11%) lower.
Real Gross Rent: Lasalle County IL Median, Lasalle County IL Average, Illinois Median, US Median
Real Gross Rent History for Lasalle County
| Date | US Median |
Illinois Median |
Lasalle County IL Median |
Lasalle County IL Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,020 | $763 | $711 |
| 2018 | $1,077 | $1,013 | $727 | $759 |
| 2017 | $1,043 | $1,004 | $819 | $791 |
| 2016 | $1,027 | $995 | $747 | $727 |
| 2015 | $1,017 | $993 | $780 | $736 |
| 2014 | $986 | $955 | $723 | $673 |
| 2013 | $953 | $932 | $687 | $735 |
| 2012 | $940 | $923 | $701 | $649 |
| 2011 | $941 | $928 | $689 | $685 |
| 2010 | $955 | $948 | $738 | $647 |
| 2009 | $960 | $944 | $692 | $701 |
| 2007 | $927 | $920 | $653 | $661 |
| 2005 | $910 | $918 | $723 | $663 |
Lasalle County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Lasalle County Illinois was 2.92% according to Census ACS data.
Rental Vacancy Rate in Lasalle County Illinois
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Illinois | 5.65% | -0.67% | -0.36% |
| Lasalle County IL | 2.92% | — | -2.77% |
Trends in Lasalle County IL Rental Vacancy Rate
The rental vacancy rate in Lasalle County peaked in 2014 at 11.89%. Since then it has fallen by 8.97% to 2.92%. Data records for this series originated in 2005.
Rental Vacancy Rate: Lasalle County IL, Illinois, US
Historical Rental Vacancy Rate data for Lasalle County
| Date | US | Illinois | Lasalle County IL |
|---|---|---|---|
| 2019 | 5.97% | 5.65% | 2.92% |
| 2018 | 6.15% | 6.32% | — |
| 2017 | 6.18% | 7.02% | — |
| 2016 | 5.89% | 6.01% | 5.69% |
| 2015 | 5.85% | 6.21% | 4.75% |
| 2014 | 6.32% | 6.53% | 11.89% |
| 2013 | 6.49% | 6.16% | 4.67% |
| 2012 | 6.77% | 6.39% | 7.71% |
| 2011 | 7.40% | 7.35% | 6.34% |
| 2010 | 8.17% | 7.66% | 3.93% |
| 2009 | 8.43% | 7.84% | 6.44% |
| 2007 | 7.87% | 7.69% | 8.03% |
| 2005 | 7.74% | 9.45% | 10.77% |
Rent as a Fraction of Income
Using median household income data for Lasalle County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Lasalle County, median monthly gross rent as a fraction of median household income was 15.48% in 2019 according to the ACS.
Lasalle County Illinois Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Illinois | 17.69% | -0.67% | -1.01% |
| Lasalle County IL | 15.48% | -1.04% | +0.60% |
Trends in Lasalle County IL Rent as a Fraction of Income
The fraction of median Lasalle County household income required to pay median monthly gross rent peaked in 2006 (relative to the 2005 series origin) at 17.54%. Since then it has fallen by 2.05% to 15.48%. From a 2009 low of 13.68%, the fraction of income going to rent has increased by 1.81%.
Fraction of Income towards Rent: Lasalle County IL, Illinois, US
Historical Data for Annual Rent as a Fraction of Income in Lasalle County Illinois
| Date | US | Illinois | Lasalle County IL |
|---|---|---|---|
| 2019 | 20.03% | 17.69% | 15.48% |
| 2018 | 20.50% | 18.36% | 16.53% |
| 2017 | 20.13% | 18.55% | 16.75% |
| 2016 | 20.43% | 18.70% | 14.89% |
| 2015 | 20.63% | 18.85% | 16.98% |
| 2014 | 20.89% | 18.91% | 16.30% |
| 2013 | 20.78% | 18.89% | 16.11% |
| 2012 | 20.65% | 18.89% | 16.08% |
| 2011 | 20.70% | 19.36% | 15.65% |
| 2010 | 20.50% | 19.21% | 15.78% |
| 2009 | 20.12% | 18.41% | 13.68% |
| 2007 | 18.66% | 17.36% | 13.87% |
| 2005 | 18.89% | 17.52% | 16.90% |
Renter Fraction in Lasalle County Illinois
You can calculate the renter fraction in Lasalle 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 Lasalle County as a fraction of total Lasalle County households. In 2019 28.08% of households were renters according to Census ACS data.
Lasalle County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Illinois | 33.99% | -0.02% | -0.75% |
| Lasalle County IL | 28.08% | -1.83% | +0.14% |
Trends in the Lasalle County IL Renter Fraction
The Lasalle County household renter fraction peaked in in 2018 at 29.91% and is now 1.83% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Lasalle County IL, Illinois, US
History of Lasalle County Renter Fraction
| Date | US | Illinois | Lasalle County IL |
|---|---|---|---|
| 2019 | 35.89% | 33.99% | 28.08% |
| 2018 | 36.05% | 34.01% | 29.91% |
| 2017 | 36.13% | 33.82% | 29.30% |
| 2016 | 36.88% | 34.74% | 27.94% |
| 2015 | 36.97% | 34.72% | 29.23% |
| 2014 | 36.90% | 34.51% | 25.46% |
| 2013 | 36.50% | 34.06% | 26.10% |
| 2012 | 36.09% | 33.40% | 26.02% |
| 2011 | 35.42% | 32.65% | 25.11% |
| 2010 | 34.65% | 32.27% | 24.30% |
| 2009 | 34.13% | 32.00% | 21.60% |
| 2007 | 32.80% | 29.94% | 27.61% |
| 2005 | 33.10% | 30.13% | 25.54% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Illinois
- / Lasalle County
