The Most Affordable Neighborhoods in Round Lake Heights, IL by Home Value

 

Round Lake Heights, IL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Round Lake Heights area can be challenging. Home prices in Round Lake Heights are now at a median cost of $190,918, lower than the Illinois average of $242,002.

The average cost of rent is $1,302/mo in Round Lake Heights, primarily driven by the current value of real estate in the Round Lake Heights area. While nearly 29.71% of residents own their homes outright in Round Lake Heights, 17.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Round Lake Heights is $7,372 per month. Households that rent pay about 17.66% of their income on rent here. Round Lake Heights's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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