Housing in Woodford County

The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2024

Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.

Rent in Woodford County averages $912/month for a 2‑bedroom in 2024, compared to the Illinois median of $1,274 and the national median of $1,413. Local renters spend approximately 30% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Woodford County FMR Area are $807 for a studio, $871 for 1‑bedroom, $1,107 for 2‑bedroom, $1,434 for 3‑bedroom, and $1,544 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $195 increase for a 2-bedroom in Woodford County shows a 21% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Woodford County was 3.8% in 2024, compared to Illinois at 5.0% and the national rate of 4.0%.

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