Rantoul, IL Real Estate
According to census data in the year 2000 there were 6,165 housing units in Rantoul.
This represents a 1.7% growth from 6,059 in 1990.
Of those housing units, 6,110 were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.
Homeownership rate in Rantoul is about 50.7%.
Rantoul's vacancy rate, including seasonal lodging, is about 13.5%.
Average household size is 2.41 people.
The majority of houses, apartments or condos in Rantoul were built after 1962.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1961|
|Median Value of occupied units||$74,200|
|Median Price asked for vacant units||$65,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.19|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$391|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.5%|