Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gurnee area can be challenging. Home prices in Gurnee are now at a median cost of $266,796, higher than the Illinois average of $242,002.
The average cost of rent is $1,545/mo in Gurnee, primarily driven by the current value of real estate in the Gurnee area. While nearly 31.75% of residents own their homes outright in Gurnee, 26.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gurnee is $8,798 per month. Households that rent pay about 17.56% of their income on rent here. Gurnee's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Gages Lake, IL: equally priced homes
- Third Lake, IL: equally priced homes
- Park City, IL: less expensive homes
- Old Mill Creek, IL: higher priced homes
- Wadsworth, IL: higher priced homes
- Waukegan, IL: less expensive homes
- Grayslake, IL: equally priced homes
- Lindenhurst, IL: less expensive homes
- Green Oaks, IL: higher priced homes
- Venetian Village, IL: less expensive homes
Cities with Similar Populations
- Jamestown, NY: less expensive homes
- Salem, VA: less expensive homes
- Sahuarita, AZ: less expensive homes
- Lewiston, ME: less expensive homes
- Lemoore, CA: equally priced homes
- Lauderdale Lakes, FL: less expensive homes
- Las Piedras, PR: less expensive homes
- Lake Orion, MI: higher priced homes
- Kendall West, FL: equally priced homes
- San Dimas, CA: higher priced homes
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