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These days, finding an affordable place to live in the Round Lake Beach area can be challenging. Home prices in Round Lake Beach are now at a median cost of $214,241, lower than the Illinois average of $300,242.
The average cost of rent is $1,696/mo in Round Lake Beach, primarily driven by the current value of real estate in the Round Lake Beach area. In Round Lake Beach, 18.39% of households rent, and 41.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Round Lake Beach is $7,754 per month. Households that rent pay about 21.87% of their income on rent here. Round Lake Beach’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Round Lake Heights, IL: higher priced homes
- Hainesville, IL: equally priced homes
- Venetian Village, IL: higher priced homes
- Round Lake, IL: higher priced homes
- Lake Villa, IL: higher priced homes
- Round Lake Park, IL: equally priced homes
- Ingleside, IL: higher priced homes
- Grayslake, IL: higher priced homes
- Third Lake, IL: higher priced homes
- Lindenhurst, IL: higher priced homes
Cities with Similar Populations
- White Bear Lake, MN: higher priced homes
- Belmont, MA: higher priced homes
- Belton, MO: equally priced homes
- Bloomsburg, PA: equally priced homes
- Blythewood, SC: higher priced homes
- Warrensburg, MO: equally priced homes
- Westchase, FL: higher priced homes
- Westmont, IL: higher priced homes
- Wethersfield, CT: higher priced homes
- Allendale, MI: higher priced homes
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