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These days, finding an affordable place to live in the Wonder Lake area can be challenging. Home prices in Wonder Lake are now at a median cost of $239,486, lower than the Illinois average of $300,242.
The average cost of rent is $1,499/mo in Wonder Lake, primarily driven by the current value of real estate in the Wonder Lake area. In Wonder Lake, 11.02% of households rent, and 28.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wonder Lake is $7,853 per month. Households that rent pay about 19.09% of their income on rent here. Wonder Lake’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Greenwood, IL: higher priced homes
- Ringwood, IL: higher priced homes
- McCullom Lake, IL: less expensive homes
- Bull Valley, IL: higher priced homes
- Mchenry, IL: higher priced homes
- Johnsburg, IL: higher priced homes
- Woodstock, IL: higher priced homes
- Solon Mills, IL: higher priced homes
- Richmond, IL: higher priced homes
- Ridgefield, IL: higher priced homes
Cities with Similar Populations
- Little Ferry, NJ: higher priced homes
- Leonia, NJ: higher priced homes
- Libby, MT: higher priced homes
- Liberty, NC: equally priced homes
- Liberty, TX: less expensive homes
- Lighthouse Point, FL: higher priced homes
- Lincoln, AL: less expensive homes
- Lincoln City, OR: higher priced homes
- Lincoln University, PA: higher priced homes
- Abbeville, SC: less expensive homes
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