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 Size

Housing Units by Size
Studio Type1.10%
One Bedroom12.10%
Two Bedrooms29.80%
Three Bedrooms44.70%
Four Bedrooms10.60%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1961
Median Value of occupied units$74,200
Median Price asked for vacant units$65,500

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1963
Median Monthly Rent asked for vacant units$391

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10%
Home Equity Loan5%
Simple Mortgage51.30%
Debt Free33.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%