Checked
Rent Prices in Loami, IL
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $907/mo
- Illinois $1,274/mo
- 2-bedroom median rent
- $961/mo
- Illinois $1,284/mo
- Renters paying 30%+ of income
- 55.9%
- Illinois 47.9%
- Renter households
- 76
- Illinois 1,657,539
Loami 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 | Not reported |
| 2 bedrooms | $961/mo |
| 3 bedrooms | Not reported |
| 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 income3855.9%
- Pay 50% or more of income34.4%
The median renter household spends 31.2% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Springfield, IL MSA
2 bedrooms: $1,237/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 |
|---|---|---|---|---|---|
| Loami, IL | $907/mo | Not reported | $961/mo | Not reported | 55.9% |
| Sangamon County | $983/mo | $765/mo | $997/mo | $1,196/mo | 45.8% |
| 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 Loami, IL?
- The median gross rent in Loami, IL is $907 a month, and a typical 2-bedroom rents for $961/mo.
- How does Loami compare with Illinois?
- The median rent in Loami is $907/mo, compared with $1,274/mo for Illinois as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates