Rankin, IL Housing Statistics

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A-

71%

Med. Home Val. NAT. AVG.

34%

Rent NAT. AVG.

4%

Owner Occ. NAT. AVG.

Rankin Housing Information

Index	Rankin	Illinois	National
Median home price	$94,263	$308,565	$326,622
Median rent asked	$953	$1,374	$1,444
Avg. people per household	2.8	2.6	2.6
Owner occupied households	65.9%	66.0%	63.6%
Renter occupied households	34.1%	34.0%	36.4%

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Homes For Sale In Rankin, IL

7054 E 4300 North Rd

Rankin, IL

40598 State Route 49

Rankin, IL

40980 State Route 49

Rankin, IL

415 E 5th Ave

Rankin, IL

Housing Quick Facts

The median home price in Rankin is 71% lower than the national average.
The median rent asked in Rankin is 34% lower than the national average.
The average number of people per household in Rankin is 8% higher than the national average.
The number of owner occupied households in Rankin is 4% higher than the national average.
The number of renter occupied households in Rankin is 6% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hoopeston, IL	5,383	$103,096	68%
Wellington, IL	244	$107,517	67%
Milford, IL	1,272	$108,557	67%
Henning, IL	266	$113,430	65%
Ludlow, IL	442	$113,913	65%
Rankin, IL	535	$94,263	71%

Cities with similar population

	Population	Home Price	National Avg.
Friendship, OH	535	$0	100%
Parkerfield, KS	535	$281,271	14%
Winterstown, PA	535	$306,586	6%
Tionesta, PA	535	$161,545	51%
Huntington, AR	535	$86,518	74%
Rankin, IL	535	$94,263	71%

Source: The Rankin, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.