Housing data for Lake Villa, IL
Lake Villa, IL has an estimated 8,683 residents and 3,141 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Lake County.
25.7% of households rent.
The median gross rent is $1,533 a month.
Figures last updated on .
- Residents
- 8,683 (±153)
- Housing units
- 3,141 (±191)
- Households that rent
- 25.7%
- Median gross rent
- $1,533
- Residents since 2015–2019
- −0.3%
What stands out in Lake Villa
Homes built before 1980: 20.0% (±6.4 points) in Lake Villa, lower than in Lake County (46.2%).
Households without a vehicle: 2.7% (±1.8 points) in Lake Villa, lower than in Lake County (4.6%).
Average commute: 33.7 minutes (±3.2) in Lake Villa, higher than in Lake County (28.5 minutes).
Commuting by public transportation: 1.1% (±1.2 points) in Lake Villa, lower than in Lake County (2.7%).
Housing in Lake Villa at a glance
- Median rent: $1,533 median gross rent a month
- Rent by bedrooms: $1,717 median gross rent, 2 bedrooms
- Rent burden: 34.8% of renters pay 30% or more of income
- Renters and owners: 25.7% of households rent
- Income and affordability: $118,750 median household income
- Home values: $351,700 median home value
- Homeowner costs: $2,667 median monthly cost with a mortgage
- Property taxes: $10,000 or more median real estate taxes a year
- Types of homes: 22.0% of homes are in buildings of 5 or more units
- Bedrooms: 67.0% of homes have 3 or more bedrooms
- Age of homes: 20.0% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 85.8% heat with utility gas
- Commute and cars: 33.7 minutes average trip to work
- Crime reported to police: 103 violent crimes per 100,000 residents
- Growth: −0.3% residents since 2015–2019
- How long people stay: 24.6% moved in since 2020
- Crowding and facilities: 0.4% of homes have more than 1 person per room
- Fair Market Rent: $2,290 Small Area FMR, 2 bedrooms (ZIP 60046)
Lake Villa against Lake County, its state and the nation
| Lake Villa | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 8,683 (±153) | 714,223 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 3,141 (±191) | 270,618 (±167) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 25.7% (±6.0 points) | 25.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,533 (±$187) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Median household income | $118,750 (±$14,941) | $110,416 (±$1,747) | $83,390 (±$362) | $80,734 |
| Median home value | $351,700 (±$13,713) | $345,700 (±$3,502) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $10,000 or more | $8,923 (±$108) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 20.0% (±6.4 points) | 46.2% (±0.9 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 33.7 minutes (±3.2) | 28.5 minutes (±0.4) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 97.3% (±1.6 points) | 94.3% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 40.4 years (±2.6) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Lake Villa covers 6.5 square miles of land, about 1,329 residents per square mile (Census Bureau Gazetteer).
How Lake Villa has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 8,705 (±123) | 8,683 (±153) | −0.3% | Not a measurable change |
| Housing units | 3,110 (±164) | 3,141 (±191) | +1.0% | Not a measurable change |
| Median gross rent | $1,162 (±$49) | $1,533 (±$187) | +31.9% | No measurable change after inflation |
| Median home value | $259,900 (±$9,759) | $351,700 (±$13,713) | +35.3% | Up after inflation |
| Median household income | $105,341 (±$17,242) | $118,750 (±$14,941) | +12.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,380 (±$172) | $2,667 (±$123) | +12.1% | Down after inflation |
| Households that rent | 30.7% (±4.9 points) | 25.7% (±6.0 points) | −5.0 percentage points | Not a measurable change |
| Rental vacancy rate | 2.0% (±3.3 points) | 0.0% (±4.6 points) | −2.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lake Villa
In 2025, the Lake Villa Police Department reported 103 violent and 309 property crimes per 100,000 residents to the FBI.
Across Lake County, the departments that report recorded 125 violent and 746 property crimes per 100,000 residents that year.
ZIP codes in Lake Villa
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60046 | 28% | 34,613 | $1,655 | $308,100 | $126,042 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Lake Villa
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lake Villa Township | 1.1 mi | $1,666 | $288,700 | 15.0% |
| Venetian Village | 2.1 mi | $1,711 | $231,100 | 16.2% |
| Fox Lake Hills | 2.2 mi | $1,390 | $245,000 | 9.4% |
| Round Lake Beach | 2.4 mi | $1,543 | $199,200 | 20.7% |
| Round Lake Heights | 2.6 mi | $1,453 | $216,800 | 23.7% |
| Lindenhurst | 2.9 mi | $1,768 | $294,100 | 14.5% |
| Antioch Township | 3.6 mi | $1,159 | $283,200 | 20.4% |
| Long Lake | 3.9 mi | $1,530 | $220,100 | 17.5% |
Places in Illinois most like Lake Villa
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Richmond Township | $1,242 | $378,100 | $95,789 | 23.1% |
| Gurnee | $1,655 | $344,300 | $119,628 | 23.9% |
| Warren Township (Lake County) | $1,592 | $325,800 | $104,155 | 26.7% |
| Grayslake | $1,485 | $309,500 | $113,972 | 21.8% |
| Lakemoor | $1,726 | $265,500 | $100,414 | 34.9% |
| North Aurora | $1,504 | $342,100 | $114,305 | 27.7% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Lake Villa, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Lake Villa, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Villa
What is the average rent in Lake Villa, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Villa is $1,533 (±$187) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Lake Villa?
The median gross rent for a one-bedroom home in Lake Villa, IL is $1,065 (±$143) a month (2020–2024 American Community Survey).
Are renters in Lake Villa rent-burdened?
34.8% of renting households in Lake Villa pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lake Villa?
Lake Villa has an estimated 802 (±205) renting households, 25.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake Villa?
The median household income in Lake Villa is $118,750 (±$14,941) a year (2020–2024 American Community Survey).
What is the average home value in Lake Villa, IL?
The Census Bureau publishes the median: $351,700 (±$13,713) for owner-occupied homes in Lake Villa (2020–2024 American Community Survey).
Is Lake Villa growing?
In Lake Villa, the number of residents went from 8,705 in 2015–2019 to 8,683 in 2020–2024 (−0.3%), not a measurable change.
What ZIP codes are in Lake Villa?
The ZIP code that covers Lake Villa is 60046.
What is the median rent in ZIP code 60046?
The median gross rent in ZIP Code Tabulation Area 60046 is $1,655 (±$92) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Villa village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Villa village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Villa village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Villa village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake Villa village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Villa village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Villa village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Lake Villa Police Department (ORI IL0491100)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Villa village, Illinois (place:41586, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .