Piper City, IL

City

Rent in Piper City

Median Gross Rent

$768

Rent-to-Income Ratio

38.3%

Renter Share

29.2%

Median Renter Income

$28,750

Avg Household Size

1.6

Median Rent by Bedrooms

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

2 Bedrooms: $733
3 Bedrooms: $788

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: 77.0%
$1,000-$1,500: 21.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 2.0%

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): 24.0%
20-30% (moderate): 12.0%
30-50% (cost-burdened): 30.0%
50%+ (severely cost-burdened): 19.0%
Not Computed: 15.0%

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: $44,896
Renter Households: $28,750

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: 92.0%
$1,000-$1,500: 6.0%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 2.0%

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

Nearby Neighborhoods in Piper City

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