
Home Price Key
These days, finding an affordable place to live in the Round Lake area can be challenging. Home prices in Round Lake are now at a median cost of $219,585, lower than the Illinois average of $242,002.
The average cost of rent is $1,556/mo in Round Lake, primarily driven by the current value of real estate in the Round Lake area. While nearly 22.18% of residents own their homes outright in Round Lake, 20.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Round Lake is $7,655 per month. Households that rent pay about 20.32% of their income on rent here. Round Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Round Lake Park, IL: less expensive homes
- Hainesville, IL: less expensive homes
- Round Lake Beach, IL: less expensive homes
- Round Lake Heights, IL: less expensive homes
- Volo, IL: equally priced homes
- Ingleside, IL: less expensive homes
- Grayslake, IL: higher priced homes
- Venetian Village, IL: equally priced homes
- Lakemoor, IL: equally priced homes
- Lake Villa, IL: higher priced homes
Cities with Similar Populations
- Acton, MA: higher priced homes
- Wetumpka, AL: less expensive homes
- Bellefonte, PA: equally priced homes
- Beeville, TX: less expensive homes
- Bayville, NJ: higher priced homes
- Batesville, AR: less expensive homes
- Aston, PA: higher priced homes
- Arnold, MD: higher priced homes
- Anderson, CA: higher priced homes
- Amherst, OH: less expensive homes
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