Housing in Knox 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 Knox County averages $788/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 28% of household income on rent, below the national average of 32%.

HUD 2026 50th Percentile Rent Estimates for Knox County FMR Area are $697 for a studio, $702 for 1‑bedroom, $921 for 2‑bedroom, $1,206 for 3‑bedroom, and $1,219 for 4‑bedroom.

HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $133 increase for a 2-bedroom in Knox County shows a 17% rise over that period.

The U.S. Bureau of Labor Statistics annual unemployment rate for Knox County was 5.2% in 2024, compared to Illinois at 5.0% and the national rate of 4.0%.

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Towns near Yates City

City
County
State
Miles
Knox
IL
0.0
Knox
IL
5.2
Knox
IL
5.3
Knox
IL
7.0
Warren
IL
8.1
Warren
IL
9.6
Knox
IL
10.5
Knox
IL
11.0
Knox
IL
11.3
Knox
IL
11.4
Knox
IL
12.0
Warren
IL
13.9
Knox
IL
14.5
Warren
IL
14.6
Knox
IL
15.3
Knox
IL
15.4
Knox
IL
15.6
Knox
IL
18.0
Warren
IL
19.6
Warren
IL
20.6
Knox
IL
21.2
Warren
IL
21.6
Warren
IL
24.4
Henderson
IL
26.3
Henderson
IL
28.7
Henderson
IL
29.3
Henderson
IL
32.2
Henderson
IL
32.9
Henderson
IL
33.6
Henderson
IL
38.4
Henderson
IL
39.9

Renter Qualifications

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