Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Third Lake area can be challenging. Home prices in Third Lake are now at a median cost of $263,670, higher than the Illinois average of $242,002.
The average cost of rent is $1,953/mo in Third Lake, primarily driven by the current value of real estate in the Third Lake area. While nearly 33.41% of residents own their homes outright in Third Lake, 6.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Third Lake is $10,732 per month. Households that rent pay about 18.20% of their income on rent here. Third Lake's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Gages Lake, IL: equally priced homes
- Grayslake, IL: equally priced homes
- Gurnee, IL: equally priced homes
- Hainesville, IL: less expensive homes
- Venetian Village, IL: less expensive homes
- Old Mill Creek, IL: higher priced homes
- Lindenhurst, IL: less expensive homes
- Round Lake Park, IL: less expensive homes
- Round Lake Beach, IL: less expensive homes
- Round Lake Heights, IL: less expensive homes
Cities with Similar Populations
- Flat Rock, IL: less expensive homes
- West Cape May, NJ: higher priced homes
- Garibaldi, OR: higher priced homes
- Garden Prairie, IL: less expensive homes
- West Rushville, OH: less expensive homes
- Weyerhaeuser, WI: less expensive homes
- Frost, TX: less expensive homes
- Freedom, ME: less expensive homes
- Freedom, IN: less expensive homes
- Fonda, IA: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood