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These days, finding an affordable place to live in the Wauconda area can be challenging. Home prices in Wauconda are now at a median cost of $294,946, lower than the Illinois average of $300,242.
The average cost of rent is $1,571/mo in Wauconda, primarily driven by the current value of real estate in the Wauconda area. In Wauconda, 20.52% of households rent, and 32.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wauconda is $10,208 per month. Households that rent pay about 15.39% of their income on rent here. Wauconda’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tower Lakes, IL: higher priced homes
- Island Lake, IL: less expensive homes
- Port Barrington, IL: higher priced homes
- Volo, IL: equally priced homes
- Lake Barrington, IL: higher priced homes
- North Barrington, IL: higher priced homes
- Hawthorn Woods, IL: higher priced homes
- Holiday Hills, IL: less expensive homes
- Round Lake, IL: less expensive homes
- Lakemoor, IL: equally priced homes
Cities with Similar Populations
- Spencerport, NY: less expensive homes
- Clearlake, CA: less expensive homes
- Clio, MI: less expensive homes
- Commerce, GA: less expensive homes
- Crowley, LA: less expensive homes
- South Houston, TX: less expensive homes
- South River, NJ: higher priced homes
- Southchase, FL: higher priced homes
- Sparta, WI: less expensive homes
- Clayton, MO: higher priced homes
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