Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Royal Lakes village, Illinois?
City · Census ACS 5-Year estimates
The median gross rent in Royal Lakes village, Illinois is $280/month (±$37), based on Census ACS 5-Year estimates (2024). The median home value is $54,300 (±$25,941), and the median household income is —/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Royal Lakes village, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $280 |
| Median Home Value | $54,300 |
| Median Household Income | — |
| Total Housing Units | 91 |
| Renter-Occupied Units | 38 |
| Renter-Occupied Share | 42% |
| Households Paying 50%+ Income | 3 households |
How does Royal Lakes village, Illinois compare?
Median gross rent ranked against all cities in Illinois.
Higher rent than 0% of cities in Illinois · 1134th of 1136
| # | City | Value |
|---|---|---|
| 1 | Burr Ridge village | $3,501 |
| 1 | Bull Valley village | $3,501 |
| 1 | Indian Creek village | $3,501 |
| … 1130 more … | ||
| 1134 | Royal Lakes village(you are here) | $280 |
| 1135 | Elizabethtown village | $241 |
| 1136 | Colp village | $99 |
More data for Royal Lakes village, Illinois
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Frequently asked questions
What is the average rent in Royal Lakes village, Illinois?
The median gross rent in Royal Lakes village, Illinois is $280/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 Royal Lakes village, Illinois?
The median rent for a 2-bedroom in Royal Lakes village, Illinois is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Royal Lakes village, Illinois?
The median home value in Royal Lakes village, Illinois is $54,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Royal Lakes village are rent-burdened?
In Royal Lakes village, Illinois, 3 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 Royal Lakes village, Illinois?
The median household income in Royal Lakes village, Illinois is not available 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 $280 has a margin of error of ±$37. In very small areas, MOEs can be large relative to the estimate.
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