Rantoul, IL

Full City Profile · Illinois · Champaign County County

2.8 /5.0
C+ Fair
12,515 Population 1,474/sq mi density
$49,821 Median Income $25,865 per capita
$109,200 Home Value $142,056 Zillow
$899 Median Rent 25.0% income on rent
52°F Avg Temperature
575 Violent Crime/100K 1,893 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$49,821 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$109,200 home value, $899/mo rent
F
Safety
1.0 / 5.0
575 violent crimes/100K (51% above avg)
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Housing Overview

Median Home Value
$109,200
61% below
US avg: $281,900
Median Rent
$899/mo
23% below
US avg: $1,163/mo
Homeownership Rate
49.6%
24% below US avg (65.4%)
Total Housing Units
6,080
Median year built: 1965

Home Value by Source

Census Median
$109,200
Zillow (ZHVI)
$142,056
Redfin Median Sale
$125,537
Median Sale Price
$125,537
Median List Price
$120,750
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.6%
Owner-Occupied
50.4%
Renter-Occupied
50%
50%
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: $899/mo · Zillow rent: $825/mo

Market Indicators (Redfin)

Median Sale Price
$125,537
Median Days on Market
67 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
6
Price Drops
11.8%
of listings with price reduction
Price Per Sq Ft
$92
Active Inventory
17
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
49.6%

Complete Housing Data

Home Values

Census Median Value$109,200
Zillow Home Value (ZHVI)$142,056
Redfin Median Sale$125,537
Median Sale Price$125,537
Median List Price$120,750
Price Per Sq Ft$92

Rent

Census Median Rent$899
Zillow Rent (ZORI)$825
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 Market67
Sale-to-List Ratio0.9%
Price Drops11.8%
Homes Sold6
Active Inventory17
Price Per Sq Ft$92

Ownership & Stock

Owner-Occupied49.6%
Renter-Occupied50.4%
Homeownership Rate49.6%
Total Housing Units6,080
Median Year Built1965
Rent Burden25.0%