Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Barrington area can be challenging. Home prices in Lake Barrington are now at a median cost of $471,746, higher than the Illinois average of $242,002.
The average cost of rent is $1,765/mo in Lake Barrington, primarily driven by the current value of real estate in the Lake Barrington area. While nearly 31.43% of residents own their homes outright in Lake Barrington, 8.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Barrington is $11,453 per month. Households that rent pay about 15.41% of their income on rent here. Lake Barrington's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Tower Lakes, IL: equally priced homes
- North Barrington, IL: equally priced homes
- Port Barrington, IL: less expensive homes
- Fox River Grove, IL: less expensive homes
- Cary, IL: less expensive homes
- Barrington, IL: equally priced homes
- Lake Zurich, IL: less expensive homes
- Wauconda, IL: less expensive homes
- Trout Valley, IL: less expensive homes
- Island Lake, IL: less expensive homes
Cities with Similar Populations
- Homeacre-Lyndora, PA: less expensive homes
- Summertown, TN: less expensive homes
- Homosassa, FL: less expensive homes
- Sunderland, MD: less expensive homes
- Sunman, IN: less expensive homes
- Homestead Meadows North, TX: less expensive homes
- Homerville, GA: less expensive homes
- Homer, NY: less expensive homes
- Homer City, PA: less expensive homes
- Homedale, ID: less expensive homes
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