Rental market snapshot for Lake Zurich, Illinois

Lake Zurich, Illinois Rental Property Market Overview

The average rent for an apartment in Lake Zurich is $1,879. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 2.8% over the past year.

Lake Zurich is a village in Lake County, Illinois, United States. The population was 19,631 at the 2010 census. The village is located on the shore of Lake Zurich, approximately 30 miles northwest of Chicago.

Last Updated December 23, 2022

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Lake Zurich Illinois | Cost of Living

  • The most expensive ZIP Code in Lake Zurich is 60047 with an average price of $2,059
  • The cheapest ZIP Code in Lake Zurich is 60047 with an average price of $1,600

Lake Zurich ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160047$2,059

Live near Lake Zurich, Illinois's Top Sights and Attractions

The Village of Lake Zurich Open Space is a nature preserve that offers hiking, biking, and picnicking opportunities. The preserve is home to a variety of wildlife, including deer, rabbits, and squirrels.

Paulus Park is a beautiful park located on the shores of Lake Zurich. The park features a playground, picnic areas, a walking path, and stunning views of the lake.

Knox Park is a beautiful park located on the shores of Lake Zurich. The park features a playground, picnic areas, a walking path, and stunning views of the lake.

Breezewald Park is a beautiful park located in Lake Zurich, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond. The park is also home to a variety of wildlife, including ducks, geese, and turtles.

Buffalo Creek Park is a beautiful park located in Lake Zurich, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond. The park is a great place to spend a day with family and friends.

Old Mill Grove Park is a beautiful park located on the edge of a lake. The park has a playground, a picnic area, and a walking path.

This park is located on the north side of town and features a playground, picnic shelter, and a walking path.

Promenade Park is a beautiful park located on the shores of Lake Zurich. The park features a variety of amenities including a playground, picnic areas, a walking path, and a gazebo.

Lake Zurich, Illinois area median rent change by ZIP Code map

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

How does Lake Zurich compare to other cities in Illinois ?

citymedian price
Lake Villa$2,150
Mchenry$1,945
Crystal Lake$1,795
Glen Ellyn$2,250
Hanover Park$1,965
Spring Grove$1,300
Orland Hills$2,245
Streamwood$1,825
Lisle$1,823

Average household income in Lake Zurich area graph - US Census

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

The median household income in Lake Zurich in 2021 was $113,467. This represents a 5.4% change from 2011 when the median was $107,676.

#categorypercent
0Less than $10,0001.5%
1$10,000 to $14,9990.5%
2$15,000 to $19,9991.4%
3$20,000 to $24,9992.6%
4$25,000 to $29,9991.6%
5$30,000 to $34,9991.4%
6$35,000 to $39,9991.3%
7$40,000 to $44,9993.1%
8$45,000 to $49,9991.7%
9$50,000 to $59,9998.5%
10$60,000 to $74,9995.1%
11$75,000 to $99,99912.0%
12$100,000 to $124,99914.8%
13$125,000 to $149,99912.5%
14$150,000 to $199,99913.3%
15$200,000 or more18.8%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
Made withDataherald