Rental numbers for Lake County, IL
The typical home here runs -$1,490 a month at 7.78% with 25% down. 0 of 19 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%.
- Gross yield
- 6.9%
- typical home, Zillow
- Median ZIP yield
- 6.2%
- 19 ZIPs with full data
- Cash flow
- -$1,490/mo
- at 7.78%, 25% down
- Typical price
- $400,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,292/mo
- Zillow ZORI, Aug 2026
ZIP codes in Lake County
26 with published figures
| 60073Round Lake | $282,000 | $2,347 | 10.0% | 4.3% | -$518 | +5.5% |
| 60085Waukegan | $240,000 | $1,730 | 8.6% | 3.4% | -$607 | +2.1% |
| 60030Grayslake | $360,000 | $2,492 | 8.3% | 2.7% | -$1,118 | +7.7% |
| 60046Lindenhurst | $364,000 | $2,352 | 7.8% | 2.3% | -$1,266 | +8.1% |
| 60064North Chicago | $226,000 | $1,430* | 7.6% | 2.4% | -$768 | n/a |
| 60020Fox Lake | $268,000 | $1,650* | 7.4% | 2.6% | -$859 | n/a |
| 60060Mundelein | $394,000 | $2,355 | 7.2% | 2.2% | -$1,408 | +4.3% |
| 60087Waukegan | $270,000 | $1,587 | 7.1% | 2.1% | -$990 | n/a |
| 60083Wadsworth | $392,000 | $2,250* | 6.9% | 2.0% | -$1,458 | n/a |
| 60061Vernon Hills | $461,000 | $2,619 | 6.8% | 2.2% | -$1,647 | +4.0% |
| 60002Antioch | $359,000 | $1,968 | 6.6% | 1.5% | -$1,478 | n/a |
| 60089Buffalo Grove | $448,000 | $2,383 | 6.4% | 1.8% | -$1,760 | +1.1% |
| 60047Kildeer | $671,000 | $3,483 | 6.2% | 2.3% | -$2,315 | n/a |
| 60099Zion | $270,000 | $1,395 | 6.2% | 0.5% | -$1,338 | n/a |
| 60031Gurnee | $380,000 | $1,957 | 6.2% | 1.4% | -$1,599 | +3.6% |
| 60096Winthrop Harbor | $312,000 | $1,510* | 5.8% | 0.5% | -$1,536 | n/a |
| 60040Highwood | $501,000 | $2,418 | 5.8% | 1.5% | -$2,096 | n/a |
| 60084Wauconda | $367,000 | $1,640* | 5.4% | 0.7% | -$1,757 | n/a |
| 60041Fox Lake | $311,000 | $1,320* | 5.1% | 0.6% | -$1,531 | n/a |
| 60010Barrington | $739,000 | $2,950 | 4.8% | 1.4% | -$3,132 | n/a |
| 60045Lake Forest | $1,215,000 | $4,668 | 4.6% | 1.8% | -$4,721 | n/a |
| 60069Lincolnshire | $706,000 | $2,670* | 4.5% | 1.1% | -$3,172 | n/a |
| 60048Libertyville | $640,000 | $2,378 | 4.5% | 0.8% | -$3,016 | +8.7% |
| 60015Deerfield | $735,000 | $2,668 | 4.4% | 0.9% | -$3,398 | +5.9% |
| 60035Highland Park | $807,000 | $2,908 | 4.3% | 0.9% | -$3,738 | +6.4% |
| 60044Lake Bluff | $668,000 | $2,118 | 3.8% | 0.4% | -$3,382 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.0%
- Rent, 12 months
- +3.2%
- Rent minus price growth
- -2.8 pts
- Property tax
- 2.58%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $294,982 | $1,682 |
| Aug 2022 | $327,064 | $1,869 |
| Aug 2023 | $339,649 | $1,974 |
| Aug 2024 | $360,302 | $2,089 |
| Aug 2025 | $376,786 | $2,220 |
| Aug 2026 | $399,526 | $2,292 |
HUD Fair Market Rent
FY2027, Chicago-Joliet-Naperville, IL HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 4.0
- 1,033 units, last 12 months
- National percentile
- 42th
- among US counties
Tools
Test a listing in Lake County against today's rate.
Open the calculatorPart of the Chicago, IL metro.
Questions
- Is Lake County good for rental property?
- The typical home here runs -$1,490 a month at 7.78% with 25% down. 0 of 19 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.2%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Lake County?
- About 2.58% of value, from Census ACS median taxes paid over median home value. On a $400,000 home that is about $10,312 a year.
- What is Fair Market Rent in Lake County?
- HUD's FY2027 Fair Market Rent here is $1,780 for a 1-bedroom, $2,011 for a 2-bedroom and $2,586 for a 3-bedroom. Typical cash flow at today's rate is -$1,490 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.