What is the median rent in Round Lake Park, IL?
The median gross rent in Round Lake Park, IL is $1,402 (±$161) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 379 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Round Lake Park, the median gross rent went from $1,198 in 2015–2019 to $1,402 in 2020–2024 (+17.0%).
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
- $1,402 (±$161)
- Rented homes
- 379 (±145)
- $2,000 or more
- 5.5%
- Since 2015–2019
- +17.0%
How much rent costs in Round Lake Park
| Monthly gross rent | Round Lake Park | Lake County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±9.4 points) | 5.1% | 7.0% | 6.3% |
| $500 to $999 | 0.0% (±9.4 points) | 14.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 62.5% (±21.6 points) | 31.3% | 32.6% | 28.1% |
| $1,500 to $1,999 | 31.9% (±20.0 points) | 26.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 5.5% (±6.2 points) | 12.4% | 9.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±9.4 points) | 4.6% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±9.4 points) | 5.3% | 4.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 62.5% of renting households.
5.5% of rented homes in Round Lake Park cost $2,000 or more a month.
Round Lake Park against Lake County, its state and the nation
| Round Lake Park | Lake County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,402 (±$161) | $1,477 (±$29) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 379 (±145) | 62,163 (±1,559) | 1,587,238 (±10,609) | 42,849,984 |
In Round Lake Park, median gross rent is not measurably different from Lake County ($1,477).
It is not measurably different from Illinois ($1,274).
It is not measurably different from the national figure ($1,413).
In Lake County, Round Lake Park ranks 46 of 64 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 284 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Round Lake Park has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,198 (±$112) | $1,402 (±$161) | +17.0% | No measurable change after inflation |
| Households that rent | 15.6% (±4.3 points) | 12.6% (±4.9 points) | −3.0 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±6.0 points) | 0.0% (±8.8 points) | 0.0 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.
Median gross rent in places near Round Lake Park
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Round Lake Park | — | $1,402 (±$161) | — |
| Hainesville | 0.5 mi | $1,225 (±$207) | Not measurably different |
| Round Lake | 1.1 mi | $1,710 (±$311) | Not measurably different |
| Avon Township | 1.7 mi | $1,510 (±$112) | Not measurably different |
| Grayslake | 2.4 mi | $1,485 (±$177) | Not measurably different |
| Round Lake Beach | 2.9 mi | $1,543 (±$131) | Not measurably different |
| Long Lake | 3.2 mi | $1,530 (±$615) | Not measurably different |
| Round Lake Heights | 3.3 mi | $1,453 (±$143) | Not measurably different |
| Volo | 4.0 mi | $2,169 (±$208) | Higher |
Nearby places with a measurably higher figure: Volo, IL ($2,169).
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 |
|---|---|---|
| 40 | Lake Villa | $1,533 (±$187) |
| 41 | Long Lake | $1,530 (±$615) |
| 42 | Avon Township | $1,510 (±$112) |
| 43 | Grayslake | $1,485 (±$177) |
| 44 | Round Lake Heights | $1,453 (±$143) |
| 45 | North Chicago | $1,426 (±$75) |
| 46 | Round Lake Park | $1,402 (±$161) |
| 47 | Fox Lake Hills | $1,390 (±$437) |
| 48 | Wauconda | $1,371 (±$113) |
| 49 | Newport Township | $1,359 (±$487) |
| 50 | Green Oaks | $1,356 (±$1,316) |
| 51 | Benton Township (Lake County) | $1,332 (±$74) |
| 52 | Grant Township (Lake County) | $1,331 (±$145) |
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 Round Lake Park
What is the average rent in Round Lake Park, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Round Lake Park is $1,402 (±$161) 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 Round Lake Park?
In Round Lake Park, the median gross rent went from $1,198 in 2015–2019 to $1,402 in 2020–2024 (+17.0%).
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 Round Lake Park cost more than $2,000 a month?
5.5% of rented homes in Round Lake Park have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Round Lake Park higher than in Lake County?
In Round Lake Park, median gross rent is not measurably different from Lake County ($1,477).
It is not measurably different from Illinois ($1,274).
It is not measurably different from 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 — Round Lake Park village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Round Lake Park village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Round Lake Park village, 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 Round Lake Park village, Illinois (place:66066, in state:17).
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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- Home values in Round Lake Park
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- Types of homes in Round Lake Park
- Bedrooms in Round Lake Park
- Age of homes in Round Lake Park
- Heating fuel in Round Lake Park
- Commute and cars in Round Lake Park
- Population growth in Round Lake Park
- How long people stay in Round Lake Park
- Crowding and facilities in Round Lake Park
- Illinois landlord and tenant rules
- Housing across Lake County
- Illinois places ranked by median rent
- Housing data for every place in Illinois