Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Zurich area can be challenging. Home prices in Lake Zurich are now at a median cost of $371,494, higher than the Illinois average of $242,002.
The average cost of rent is $1,735/mo in Lake Zurich, primarily driven by the current value of real estate in the Lake Zurich area. While nearly 26.58% of residents own their homes outright in Lake Zurich, 17.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Zurich is $10,656 per month. Households that rent pay about 16.28% of their income on rent here. Lake Zurich's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Kildeer, IL: higher priced homes
- Deer Park, IL: higher priced homes
- North Barrington, IL: higher priced homes
- Hawthorn Woods, IL: higher priced homes
- Barrington, IL: higher priced homes
- Long Grove, IL: higher priced homes
- Lake Barrington, IL: higher priced homes
- Tower Lakes, IL: higher priced homes
- Palatine, IL: less expensive homes
- Indian Creek, IL: less expensive homes
Cities with Similar Populations
- Windermere, FL: higher priced homes
- Willow Spring, NC: less expensive homes
- Norwalk, OH: less expensive homes
- Pendleton, OR: less expensive homes
- Parma Heights, OH: less expensive homes
- Park Forest, IL: less expensive homes
- Palmyra, PA: less expensive homes
- Palm Valley, FL: higher priced homes
- Palm River-Clair Mel, FL: less expensive homes
- Oxon Hill, MD: less expensive homes
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