Zip 61866 (Rantoul, IL) Housing

The housing market in Rantoul, IL (61866) is quite positive. The median value of homes is $107,500, which is considerably lower than the US median housing value of $338,100. However, home appreciation in the area has been strong as well; with a 1 year house appreciation rate of 8.72%, it is higher than the US average of 8.27%. Therefore, this community provides a great opportunity for prospective home owners to invest and benefit from the strong housing market in Rantoul.

The median home cost in Rantoul (zip 61866) is $107,500. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Rantoul (zip 61866) is up 14.5%.

Average Age of Homes

- The median age of Rantoul (zip 61866) real estate is 54 years old

The Rental Market in Rantoul (zip 61866)

- Renters make up 40.5% of the Rantoul (zip 61866) population
- 8.0% of houses and apartments in Rantoul (zip 61866), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rantoul, Illinois	United States
	6,418.0	139,647,020.0
	56	42
	$107,500	$338,100
	14.5%	16.6%
	36.1%	57.0%
	46.3%	101.1%
	$24.05	$10.98
	$2,263	$2,690
	45.0%	57.4%
	14.7%	11.2%
	40.4%	31.4%
Vacant Housing
	8.0%	1.9%
	0.3%	0.4%
	1.2%	0.7%
	2.1%	0.4%
	0.0%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	8.2%	2.6%
	6.8%	2.4%
	10.7%	2.8%
	14.0%	3.9%
	15.6%	4.5%
	28.0%	11.3%
	7.7%	13.0%
	5.4%	20.1%
	2.4%	13.6%
	1.1%	8.3%
	0.2%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.2%	0.2%
	6.1%	13.6%
	6.1%	13.6%
	3.5%	13.6%
	8.9%	13.2%
	18.9%	14.8%
	3.5%	13.6%
	24.9%	10.0%
	8.3%	4.7%
	8.0%	12.2%

Reviews for Rantoul

See all (0)

Write a Review

Start Your Review of Rantoul

Commute

The premier source for comprehensive city data for over 30 years.