How much is a 2-bedroom apartment in Grandwood Park, IL?

In Grandwood Park, IL, the median gross rent for a one-bedroom home is $1,369 (±$104) a month (2020–2024 American Community Survey, table B25031).

A three-bedroom home rents for a median of $2,155 (±$179).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $2,011.

Figures last updated on .

1 bedroom
$1,369 (±$104)
3 bedrooms
$2,155 (±$179)
4 bedrooms
$1,563 (±$731)

Rent by bedroom count in Grandwood Park

Median gross rent by number of bedrooms, estimate (90% margin of error)
Grandwood ParkLake CountyIllinoisUnited States
1 bedroom$1,369 (±$104)$1,186 (±$46)$1,121 (±$9)$1,235
3 bedrooms$2,155 (±$179)$1,797 (±$49)$1,480 (±$12)$1,584
4 bedrooms$1,563 (±$731)$2,143 (±$107)$1,677 (±$33)$1,957

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area
Census median, this placeHUD Fair Market Rent
1 bedroom$1,369 (±$104)$1,780
2 bedrooms—$2,011
3 bedrooms$2,155 (±$179)$2,586

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Grandwood Park

Nearest places with a published estimate, compared with Grandwood Park
PlaceDistanceMedian gross rent, 2 bedroomsCompared with this place
Grandwood Park———
Warren Township (Lake County)2.6 mi$1,633 (±$78)—
Lindenhurst2.6 mi$1,714 (±$78)—
Gages Lake2.8 mi$1,670 (±$162)—
Old Mill Creek2.9 mi$1,650 (±$330)—
Gurnee3.1 mi$1,741 (±$94)—
Lake Villa Township4.0 mi$1,691 (±$94)—
Avon Township4.2 mi$1,524 (±$122)—
Grayslake4.2 mi$1,567 (±$161)—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Grandwood Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Grandwood Park

How much is a one-bedroom apartment in Grandwood Park?

The median gross rent for a one-bedroom home in Grandwood Park, IL is $1,369 (±$104) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Grandwood Park?

The median gross rent for a three-bedroom home in Grandwood Park, IL is $2,155 (±$179) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Grandwood Park CDP, Illinois (place:30900, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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