housing costs · Illinois
Housing costs in Lake County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,477 | ± $29 | evidence → |
| 2019–2023 | $1,434 | ± $26 | evidence → |
| 2018–2022 | $1,382 | ± $23 | evidence → |
| 2017–2021 | $1,286 | ± $22 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $345,700 | ± $3,502 | evidence → |
| 2019–2023 | $326,600 | ± $3,775 | evidence → |
| 2018–2022 | $313,700 | ± $4,235 | evidence → |
| 2017–2021 | $279,500 | ± $3,026 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.7 % | ± 1.0 % | evidence → |
| 2019–2023 | 28.9 % | ± 0.8 % | evidence → |
| 2018–2022 | 28.6 % | ± 0.9 % | evidence → |
| 2017–2021 | 28.3 % | ± 0.7 % | evidence → |
In context
Median rent in Lake County is $1,477, above the Illinois median of $811 across 102 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.