Lake County, IL — Housing & Real Estate
Home values, rent, homeownership rates, housing types, and property taxes
Housing Overview
Source: Census Bureau ACS (2023)Median Home Value
$326,600
Median Rent
$1,434/mo
Homeownership
74.4%
Vacancy Rate
5.0%
Total Housing Units
270,083
Property Tax
$8,743/yr
Housing Tenure
Source: Census Bureau ACS (2023)Owner-Occupied74.4%
Renter-Occupied25.6%
Housing Types
Source: Census Bureau ACS (2023)Single Family76.8%
Multi-Family21.6%
Mobile Home1.7%
Owner Costs
Source: Census Bureau ACS (2023)With Mortgage
$1,891/mo
Without Mortgage
$2,452/mo
Median Year Built
1982
The median home value in Lake County, IL is $326,600 according to 2023 Census Bureau estimates. The median monthly rent is $1,434. 74.4% of housing units are owner-occupied. There are 270,083 total housing units in the county. The vacancy rate is 5.0%.