Boyd / Cravat, IL

Rent in Boyd / Cravat

Median Gross Rent

$623

Rent-to-Income Ratio

24.9%

Renter Share

13.8%

Median Renter Income

$22,813

Avg Household Size

1.8

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $443
2 Bedrooms: $650
3 Bedrooms: $911
4 Bedrooms: $1,036

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 75.6%
$1,000-$1,500: 12.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 12.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 25.3%
20-30% (moderate): 19.6%
30-50% (cost-burdened): 24.4%
50%+ (severely cost-burdened): 14.7%
Not Computed: 16.0%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $72,448
Renter Households: $22,813

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 83.6%
$1,000-$1,500: 4.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 12.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources