Rental market snapshot for Libertyville, Illinois

Libertyville, Illinois Rental Property Market Overview

The average rent for an apartment in Libertyville is $2,401. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 9.1% over the past year.

Libertyville is a village in Lake County, Illinois, United States and an affluent suburb of Chicago. It is the headquarters of the Illinois division of Motorola Solutions. The village is also home to the Adler Planetarium, the Libertyville Sports Complex, the Cuneo Museum and Gardens, and the Lambs Farm.

Last Updated December 23, 2022

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Average monthly rent graph in Libertyville Illinois | Cost of Living

  • The most expensive ZIP Code in Libertyville is 60048 with an average price of $3,040
  • The cheapest ZIP Code in Libertyville is 60048 with an average price of $2,745

Libertyville ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160048$3,040

Live near Libertyville, Illinois's Top Sights and Attractions

Sunrise Rotary Park is a beautiful park located on the edge of a lake. The park has a playground, picnic tables, and a walking path.

Winchester Road Soccer Complex is a soccer complex that has 12 regulation size soccer fields. There is also a concession stand, restrooms, and a playground.

Butler Lake Park is a beautiful park located in the heart of Libertyville. The park features a large lake, walking trails, a playground, and a picnic area. The park is a great place to relax and enjoy the outdoors.

Butler Lake Park is a beautiful park located in Libertyville, Illinois. The park features a large lake, walking trails, a playground, and a picnic area.

Hawthorn Mellody Park is a beautiful park located in the heart of Libertyville, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond.

Adler Park is a beautiful park located in the heart of Libertyville. The park features a variety of amenities including a playground, picnic pavilion, walking trails, and a pond.

Bolander Park is a beautiful park located in the heart of Libertyville, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond.

Dymond Annex is a small, family-owned business that specializes in handcrafted jewelry and gifts. The shop is located in a quaint, historic building in the heart of downtown Libertyville. Visitors can browse a wide selection of unique jewelry and gifts, all of which are made by local artisans. The shop also offers a variety of services, including custom design and repair.

Libertyville, Illinois area median rent change by ZIP Code map

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How does Libertyville compare to other cities in Illinois ?

citymedian price
Lombard$2,300
Monee$2,225
Matteson$2,295
Oswego$1,995
Berkeley$1,689
Darien$2,185
Huntley$2,175
Bolingbrook$2,093
West Chicago$2,545
South Holland$1,898

Average household income in Libertyville area graph - US Census

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The median household income in Libertyville in 2021 was $150,580. This represents a 44.6% change from 2011 when the median was $104,165.

#categorypercent
0Less than $10,0002.7%
1$10,000 to $14,9991.7%
2$15,000 to $19,9992.4%
3$20,000 to $24,9991.0%
4$25,000 to $29,9991.5%
5$30,000 to $34,9993.1%
6$35,000 to $39,9992.1%
7$40,000 to $44,9991.2%
8$45,000 to $49,9992.1%
9$50,000 to $59,9994.0%
10$60,000 to $74,9993.6%
11$75,000 to $99,9997.6%
12$100,000 to $124,9998.1%
13$125,000 to $149,9998.5%
14$150,000 to $199,99912.6%
15$200,000 or more37.8%

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.
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