Special Interest

Housing in Lake County

The inside story on rent prices
Lake
Illinois
United States
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
20%
25%
30%
35%
40%
$1,348
$1,227
$1,434
$4,283
$4,103
$4,917
Median Monthly Rent for 2 Bdrm
Median Renter Household Income
Rent to Income Ratio %
32%
30%
29%
Source: US Census Bureau - ACS 5 Yr 2023

Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Lake County and Illinois in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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How affordable is housing in Lake County?

Towns Near Waukegan

City
County
State
Miles
Lake
IL
0.0 mi.
Lake
IL
2.1 mi.
Lake
IL
3.5 mi.
Lake
IL
4.2 mi.
Lake
IL
5.0 mi.
Lake
IL
6.4 mi.
Lake
IL
6.6 mi.
Lake
IL
6.7 mi.
Lake
IL
7.1 mi.
Lake
IL
8.1 mi.
Lake
IL
8.8 mi.
Lake
IL
9.5 mi.
Lake
IL
9.7 mi.
Lake
IL
10.2 mi.
Lake
IL
10.4 mi.
Lake
IL
10.7 mi.
Lake
IL
11.3 mi.
Lake
IL
11.5 mi.
Lake
IL
12.5 mi.
Lake
IL
12.7 mi.
Lake
IL
14.0 mi.
Lake
IL
14.4 mi.
Lake
IL
14.4 mi.
Lake
IL
15.0 mi.
Lake
IL
15.0 mi.
Lake
IL
15.1 mi.
Lake
IL
15.5 mi.
Lake
IL
17.6 mi.
Lake
IL
19.3 mi.
60085
60087
60064
60088
60031
60044
60099
10000 km
Leaflet Map data: © OpenStreetMap

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