All Countries
Rankin, IL
Full City Profile · Illinois · Iroquois County County
2.8
/5.0
C+
Fair
560
Population
966/sq mi density
$47,125
Median Income
$22,305 per capita
$57,700
Home Value
$94,889 Zillow
$718
Median Rent
41.7% income on rent
52°F
Avg Temperature
275 sunny days/yr
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.5 / 5.0
$47,125 median income, 14.9% unemployment
A+
Affordability
5.0 / 5.0
$57,700 home value, $718/mo rent
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher
Housing Overview
Median Home Value
$57,700
80% below
US avg: $281,900
Median Rent
$718/mo
38% below
US avg: $1,163/mo
Homeownership Rate
68.0%
4% above US avg (65.4%)
Total Housing Units
236
Median year built: 1938
Home Value by Source
Census Median
$57,700
Zillow (ZHVI)
$94,889
Median Sale Price
$109,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.0%
Owner-Occupied
32.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$718/mo
Market Indicators (Redfin)
Median Days on Market
186 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$66
Active Inventory
2
homes for sale
Affordability & Housing Stock
Rent Burden
41.7%
of renters spending 30%+ of income on housing
35% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
68.0%
Complete Housing Data
Home Values
| Census Median Value | $57,700 |
| Zillow Home Value (ZHVI) | $94,889 |
| Median Sale Price | $109,000 |
| Price Per Sq Ft | $66 |
Rent
| Census Median Rent | $718 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 186 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 2 |
| Active Inventory | 2 |
| Price Per Sq Ft | $66 |
Ownership & Stock
| Owner-Occupied | 68.0% |
| Renter-Occupied | 32.0% |
| Homeownership Rate | 68.0% |
| Total Housing Units | 236 |
| Median Year Built | 1938 |
| Rent Burden | 41.7% |