Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake in the Hills area can be challenging. Home prices in Lake in the Hills are now at a median cost of $251,330, higher than the Illinois average of $242,002.
The average cost of rent is $1,521/mo in Lake in the Hills, primarily driven by the current value of real estate in the Lake in the Hills area. While nearly 20.46% of residents own their homes outright in Lake in the Hills, 14.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake in the Hills is $9,189 per month. Households that rent pay about 16.56% of their income on rent here. Lake in the Hills's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lakewood, IL: higher priced homes
- Algonquin, IL: higher priced homes
- Crystal Lake, IL: equally priced homes
- Huntley, IL: higher priced homes
- Trout Valley, IL: equally priced homes
- Dundee, IL: equally priced homes
- Carpentersville, IL: less expensive homes
- Cary, IL: equally priced homes
- Gilberts, IL: equally priced homes
- Ridgefield, IL: higher priced homes
Cities with Similar Populations
- Sun City Center, FL: less expensive homes
- Coventry, RI: equally priced homes
- Cumberland, MD: less expensive homes
- Denison, TX: less expensive homes
- Elkhorn, NE: higher priced homes
- Elmira, NY: less expensive homes
- Flemington, NJ: higher priced homes
- Forest Park, GA: less expensive homes
- Southington, CT: higher priced homes
- Stafford, TX: less expensive homes
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