What is the median rent in Lake Villa Township, IL?
The median gross rent in Lake Villa Township, IL is $1,666 (±$93) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 1,963 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Lake Villa Township, the median gross rent went from $1,302 in 2015–2019 to $1,666 in 2020–2024 (+28.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,666 (±$93)
- Rented homes
- 1,963 (±292)
- $2,000 or more
- 24.5%
- Since 2015–2019
- +28.0%
How much rent costs in Lake Villa Township
| Monthly gross rent | Lake Villa Township | Lake County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 6.3% (±4.7 points) | 5.1% | 7.0% | 6.3% |
| $500 to $999 | 4.8% (±3.0 points) | 14.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 26.1% (±7.6 points) | 31.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 38.2% (±8.4 points) | 26.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 10.6% (±4.8 points) | 12.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 5.2% (±4.5 points) | 4.6% | 4.1% | 5.5% |
| $3,000 or more | 8.7% (±6.5 points) | 5.3% | 4.4% | 6.8% |
The most common range is $1,500 to $1,999, paid by 38.2% of renting households.
24.5% of rented homes in Lake Villa Township cost $2,000 or more a month.
Lake Villa Township against Lake County, its state and the nation
| Lake Villa Township | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,666 (±$93) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 1,963 (±292) | 62,163 (±1,559) | 1,587,238 (±10,609) | 42,849,984 |
In Lake Villa Township, median gross rent is higher than in Lake County ($1,477).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
In Lake County, Lake Villa Township ranks 30 of 64 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 143 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Lake Villa Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,302 (±$87) | $1,666 (±$93) | +28.0% | No measurable change after inflation |
| Households that rent | 17.3% (±1.9 points) | 15.0% (±2.0 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 2.5% (±2.4 points) | 0.0% (±1.8 points) | −2.5 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.
Median gross rent in places near Lake Villa Township
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Lake Villa Township | — | $1,666 (±$93) | — |
| Venetian Village | 1.0 mi | $1,711 (±$243) | Not measurably different |
| Lake Villa | 1.1 mi | $1,533 (±$187) | Not measurably different |
| Lindenhurst | 1.9 mi | $1,768 (±$113) | Not measurably different |
| Round Lake Beach | 2.3 mi | $1,543 (±$131) | Not measurably different |
| Round Lake Heights | 2.9 mi | $1,453 (±$143) | Lower |
| Fox Lake Hills | 3.2 mi | $1,390 (±$437) | Not measurably different |
| Avon Township | 3.8 mi | $1,510 (±$112) | Lower |
| Grandwood Park | 4.0 mi | $1,836 (±$275) | Not measurably different |
Nearby places with a measurably lower figure: Round Lake Heights, IL ($1,453), Avon Township, IL ($1,510).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Lake County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 24 | Venetian Village | $1,711 (±$243) |
| 25 | Round Lake | $1,710 (±$311) |
| 26 | Gages Lake | $1,693 (±$151) |
| 27 | Libertyville Township | $1,690 (±$80) |
| 28 | Old Mill Creek | $1,688 (±$188) |
| 29 | Shields Township | $1,680 (±$89) |
| 30 | Lake Villa Township | $1,666 (±$93) |
| 31 | Knollwood | $1,659 (±$333) |
| 32 | Gurnee | $1,655 (±$83) |
| 33 | Libertyville | $1,637 (±$123) |
| 34 | Fremont Township | $1,598 (±$876) |
| 35 | Warren Township (Lake County) | $1,592 (±$60) |
| 36 | Channel Lake | $1,584 (±$215) |
Showing 13 of 64 places in Lake County, ranked from highest to lowest.
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 Township
What is the average rent in Lake Villa Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Villa Township is $1,666 (±$93) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Lake Villa Township?
In Lake Villa Township, the median gross rent went from $1,302 in 2015–2019 to $1,666 in 2020–2024 (+28.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Lake Villa Township cost more than $2,000 a month?
24.5% of rented homes in Lake Villa Township have a gross rent of $2,000 or more a month, and 6.3% cost less than $500.
Is rent in Lake Villa Township higher than in Lake County?
In Lake Villa Township, median gross rent is higher than in Lake County ($1,477).
It is also higher than in Illinois ($1,274).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Villa township, Lake County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 township, Lake County, Illinois (county subdivision:41599, in state:17 county:097).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
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- Renters and owners in Lake Villa Township
- Income and affordability in Lake Villa Township
- Home values in Lake Villa Township
- Homeowner costs in Lake Villa Township
- Property taxes in Lake Villa Township
- Types of homes in Lake Villa Township
- Bedrooms in Lake Villa Township
- Age of homes in Lake Villa Township
- Vacancy rate in Lake Villa Township
- Heating fuel in Lake Villa Township
- Commute and cars in Lake Villa Township
- Population growth in Lake Villa Township
- How long people stay in Lake Villa Township
- Crowding and facilities in Lake Villa Township
- Fair Market Rent in Lake Villa Township
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by median rent
- Housing data for every place in Illinois