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Affordable
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These days, finding an affordable place to live in the Fox Lake area can be challenging. Home prices in Fox Lake are now at a median cost of $235,710, lower than the Illinois average of $300,242.
The average cost of rent is $1,050/mo in Fox Lake, primarily driven by the current value of real estate in the Fox Lake area. In Fox Lake, 30.40% of households rent, and 34.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fox Lake is $6,091 per month. Households that rent pay about 17.25% of their income on rent here. Fox Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pistakee Highlands, IL: equally priced homes
- Ingleside, IL: equally priced homes
- Johnsburg, IL: higher priced homes
- Spring Grove, IL: higher priced homes
- Round Lake Heights, IL: higher priced homes
- Lake Villa, IL: higher priced homes
- Lakemoor, IL: higher priced homes
- Round Lake Beach, IL: less expensive homes
- Channel Lake, IL: equally priced homes
- Volo, IL: higher priced homes
Cities with Similar Populations
- Mabelvale, AR: less expensive homes
- Lindon, UT: higher priced homes
- Long Valley, NJ: higher priced homes
- Louisville, MS: less expensive homes
- Louisville, TN: higher priced homes
- Lovejoy, GA: higher priced homes
- Lower Burrell, PA: less expensive homes
- Loxley, AL: higher priced homes
- Lutherville-Timonium, MD: higher priced homes
- Lincolnshire, IL: higher priced homes
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