What is the rental vacancy rate in Lake Zurich, IL?

The rental vacancy rate in Lake Zurich, IL is 0.0% (±2.3 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.0% (±2.4 points).

196 (±160) homes, 2.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Lake Zurich, the rental vacancy rate went from 12.5% in 2015–2019 to 0.0% in 2020–2024 (−12.5 percentage points), a measurable decrease.

Figures last updated on .

Rental vacancy rate
0.0% (±2.3 points)
Homeowner vacancy rate
2.0% (±2.4 points)
Vacant homes
196 (±160)

Vacancy in Lake Zurich against Lake County, its state and the nation

Estimate (90% margin of error)
Lake ZurichLake CountyIllinoisUnited States
Rental vacancy rate0.0% (±2.3 points)3.7% (±0.7 points)5.0% (±0.2 points)5.5%
Homeowner vacancy rate2.0% (±2.4 points)0.9% (±0.2 points)1.0% (±0.1 points)0.9%
Vacant housing units196 (±160)12,163 (±960)421,003 (±7,877)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Lake Zurich, the rental vacancy rate is lower than in Lake County (3.7%).

It is also lower than in Illinois (5.0%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Lake Zurich

Nearest places with a published estimate, compared with Lake Zurich
PlaceDistanceRental vacancy rateCompared with this place
Lake Zurich—0.0% (±2.3 points)—
Ela Township1.3 mi3.9% (±2.7 points)Higher
Deer Park2.0 mi8.6% (±7.0 points)Higher
Forest Lake2.1 mi0.0% (±31.2 points)Not measurably different
Kildeer2.2 mi0.0% (±71.2 points)Not measurably different
North Barrington2.3 mi0.0% (±69.5 points)Not measurably different
Hawthorn Woods3.0 mi17.5% (±30.4 points)Not measurably different
Barrington3.7 mi2.6% (±4.1 points)Not measurably different
Cuba Township3.9 mi7.7% (±6.6 points)Higher

Nearby places with a measurably higher figure: Ela Township, IL (3.9%), Deer Park, IL (8.6%), Cuba Township, IL (7.7%).

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

Rental vacancy rate across Lake County, place by place

RankPlaceRental vacancy rate
44 (tie)Gages Lake0.0% (±5.2 points)
44 (tie)Hainesville0.0% (±25.0 points)
44 (tie)Indian Creek0.0% (±71.2 points)
44 (tie)Kildeer0.0% (±71.2 points)
44 (tie)Knollwood0.0% (±24.5 points)
44 (tie)Lake Villa0.0% (±4.6 points)
44 (tie)Lake Zurich0.0% (±2.3 points)
44 (tie)Lindenhurst0.0% (±4.9 points)
44 (tie)Long Lake0.0% (±17.2 points)
44 (tie)Mettawa0.0% (±96.0 points)
44 (tie)North Barrington0.0% (±69.5 points)
44 (tie)Old Mill Creek0.0% (±53.1 points)
44 (tie)Round Lake Heights0.0% (±17.4 points)

Showing 13 of 71 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 Zurich

Is it hard to find a rental in Lake Zurich?

The rental vacancy rate in Lake Zurich, IL is 0.0% (±2.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Lake Zurich tighter than it was?

In Lake Zurich, the rental vacancy rate went from 12.5% in 2015–2019 to 0.0% in 2020–2024 (−12.5 percentage points), a measurable decrease.

How many homes are vacant in Lake Zurich?

An estimated 196 (±160) housing units, 2.6% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

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 Zurich village, Illinois (place:41742, in state:17).

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

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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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