Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Morgan County, Illinois?
County · Census ACS 5-Year estimates
The median gross rent in Morgan County, Illinois is $722/month (±$37), based on Census ACS 5-Year estimates (2024). The median home value is $130,800 (±$7,173), and the median household income is $66,306/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Average Rent in Morgan County, Illinois and Neighbouring Counties
Housing Metrics for Morgan County, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $722 |
| Median Home Value | $130,800 |
| Median Household Income | $66,306 |
| Total Housing Units | 13,076 |
| Renter-Occupied Units | 3,563 |
| Renter-Occupied Share | 27% |
| Households Paying 50%+ Income | 443 households |
Median Rent by Bedroom Count
| Bedroom | Median Rent | YoY |
|---|---|---|
| Studio | $646 | n/a |
| 1 BR | $524 | n/a |
| 2 BR | $775 | -33.6% |
| 3 BR | $861 | -20.6% |
| 4 BR | $1,218 | -26.9% |
| 5+ BR | $1,306 | n/a |
How does Morgan County, Illinois compare?
Median gross rent ranked against all counties in Illinois.
Higher rent than 14% of counties in Illinois · 89th of 102
| # | County | Value |
|---|---|---|
| 1 | Kendall County | $1,781 |
| 2 | DuPage County | $1,688 |
| 3 | Lake County | $1,477 |
| … 85 more … | ||
| 89 | Morgan County(you are here) | $722 |
| … 10 more … | ||
| 100 | Gallatin County | $541 |
| 101 | Pope County | $449 |
| 102 | Hardin County | $379 |
More data for Morgan County, Illinois
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Frequently asked questions
What is the average rent in Morgan County, Illinois?
The median gross rent in Morgan County, Illinois is $722/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Morgan County, Illinois?
The median rent for a 2-bedroom in Morgan County, Illinois is $775/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$32. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Morgan County, Illinois?
The median home value in Morgan County, Illinois is $130,800 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Morgan County are rent-burdened?
In Morgan County, Illinois, 443 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Morgan County, Illinois?
The median household income in Morgan County, Illinois is $66,306/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $722 has a margin of error of ±$37. In very small areas, MOEs can be large relative to the estimate.
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