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Rent Prices in Lacon, IL
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $817/mo
- Illinois $1,274/mo
- 2-bedroom median rent
- $821/mo
- Illinois $1,284/mo
- Renters paying 30%+ of income
- 53.1%
- Illinois 47.9%
- Renter households
- 226
- Illinois 1,657,539
Lacon has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Median rent by number of bedrooms
Gross rent: contract rent plus utilities
| Bedrooms | Median rent |
|---|---|
| Studio (no bedroom) | Not reported |
| 1 bedroom | $520/mo |
| 2 bedrooms | $821/mo |
| 3 bedrooms | $1,240/mo |
| 4 bedrooms | Not reported |
| 5 or more bedrooms | Not reported |
Rent as a share of income
Renter households where the share could be computed
- Pay 30% or more of income12053.1%
- Pay 50% or more of income6930.5%
The median renter household spends 35.0% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Peoria, IL MSA
2 bedrooms: $1,212/mo. HUD Fair Market Rent is used for housing assistance and is not an asking rent.
How it compares
Swipe the table sideways to see more columns.
| Area | Median rent | 1 bedroom | 2 bedrooms | 3 bedrooms | Renters paying 30%+ of income |
|---|---|---|---|---|---|
| Lacon, IL | $817/mo | $520/mo | $821/mo | $1,240/mo | 53.1% |
| Marshall County | $782/mo | $566/mo | $814/mo | $990/mo | 40.9% |
| Illinois | $1,274/mo | $1,121/mo | $1,284/mo | $1,480/mo | 47.9% |
| United States | $1,413/mo | $1,235/mo | $1,407/mo | $1,584/mo | 51.1% |
Frequently asked questions
- What is the median rent in Lacon, IL?
- The median gross rent in Lacon, IL is $817 a month, and a typical 2-bedroom rents for $821/mo.
- How does Lacon compare with Illinois?
- The median rent in Lacon is $817/mo, compared with $1,274/mo for Illinois as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates