Median rent for residential apartments in as of Mar, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
18 Algonquin apartments for rent
Algonquin
Algonquin, IL has a population of 30,413, including 83% white, 9% asian, and 7% latino.
| Population | 30,413 |
| Median Age | 39.4 |
| Poverty Rate | 3% |
| Median Income (Household) | $100,027 |
| Number Of Employees | 16,132 |
| Median Property Value | $240,600 |
City Overview
The median household income in Algonquin, IL is around $100,027, while the median age is 39.4. This city is a home to major universities: n/a, n/a, and n/a. 16,132 employees work in Algonquin, IL. The homeownership rate among the residents is 89.04%. The median property value that you should keep in mind is $240,600.
Business & Economy
Wage by Common Jobs
Average salary: $39,215
- 1. Elementary & middle school teachers$54,372
- 2. Retail salespersons$47,194
- 3. Secretaries & administrative assistants$39,632
- 4. Nursing, psychiatric, & home health aides$28,369
- 5. Cashiers$26,508
Employment by Occupations
Numbers claim that the employment rate in Algonquin, IL changed by 2%, so let’s see what are the most common job groups in this area. People of Algonquin, IL prefer to work in Management, Administrative and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by 2% recently, there must be a strong understanding of industries people of Algonquin, IL work in. The most common industries are Manufacturing, Healthcare & Social Assistance and Retail trade. Please note that not all the residents of Algonquin, IL work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Algonquin, IL is a home for 83% white residents. The second common group is asian with 9% residents. The list of the most common racial or ethnic groups is closed by latino with 7% residents.
Non-English Speakers
Education
Past year Algonquin, IL universities awarded around n/a degrees. Statistics show that the population of students in Algonquin, IL include n/a male students and n/a female students. Algonquin, IL offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the n/a with the majority of graduates. The n/a and n/a hold the second and the third place respectively. The share of the public colleges in Algonquin, IL is n/a% and n/a% go to the private colleges.
Health and Safety
The age groups that most likely have the health care coverage in Algonquin, IL are 6-17 years old for men and 6-17 years old for women. Algonquin, IL offers a 54 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 60 to 1, speaking of mental health doctors ratio, it’s 151 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 54 |
| Dentists | 1 to 60 |
| Mental Health | 1 to 151 |
| Other | 1 to 29 |
Transportation
Commute Time
Average travel time: 34.45 minutes
- USA
- Algonquin, IL
Commuter Transportation
The workers of Algonquin, IL traveled to their offices around 34.45 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
- USA
- Algonquin, IL
Housing Trends
Algonquin, IL, USA Housing Trends
Average rent in Algonquin: $1,400 (-19.5%)
| Rent Price | Mar | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,544 | +0% |
| 2 bed rentals | $1,000 | -43.9% |
| 3 bed rentals | $1,600 | -9.9% |
| 4+ bed rentals | $1,851 | +0% |
| Rent Type Price | Mar | vs Last Month |
|---|---|---|
| Apartment rentals | $1,759 | +0% |
| House rentals | $1,600 | -23.2% |
| Townhouse rentals | $1,000 | -33.6% |
Over the Apr 2020, the average rent for an apartment in/near Algonquin, IL decreased by 24.2% to . Breaking it down in details, we now see that the average price for 1-bed apartment stands at with no changes this month. Pricing for 2-bed apartment also decreased by 78.2% and a place of this size will now cost you . 3-bed apartment rent pricing starts at , it decreased by 11% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around for a big-family home.
Looking at the median rent price for an apartment in Algonquin, IL, you can note that it remains flat with a price tag of . Statistics show that house rent price decreased by 30.1% this month making it up to .
Rent vs Own
- Rent89%
- Own11%
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