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Rankin Housing Market Report

August 2026 • Updated daily from MLS data

$119,950
Average Price
2
Active Listings
59
Avg Days on Market
$82
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Rankin broken down by property type

Price Distribution

How Rankin home prices are distributed across price ranges

Under $100K
1
1
$100K–$200K
1
1
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Rankin

0
1 Bed
1
2 Bed
0
3 Bed
0
4 Bed
1
5+ Bed

Demographics & Community

Census data for Rankin, Illinois

490
Population
$36,607
Median Household Income
32.5
Median Age
$58,700
Census Median Home Value

Housing Occupancy

Total Housing Units236
Owner-Occupied120 (67.8%)
Renter-Occupied57 (32.2%)
Vacant Units59
Median Rent$727/mo

Commute & Education

Median Commute170 min
Work From Home1.6%
0
Bachelor's Degree+5.9%
High School Diploma+6.1%

Affordability & Housing Costs

HUD data for the Rankin area

Fair Market Rent (2024)

Studio$691/mo
1 Bedroom$728/mo
2 Bedroom$956/mo
3 Bedroom$1,191/mo
4 Bedroom$1,273/mo

Income Limits (2024)

Median Family Income$75,600
Low Income (4-person)$65,100
Very Low Income (4-person)$40,700
Extremely Low (4-person)$31,200

School Districts

School districts serving Rankin properties

11

Featured Listings in Rankin

Top properties currently on the market

Save $1,199 on the Average Rankin Home

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