Rental market snapshot for Vernon Hills, Illinois

Vernon Hills, Illinois Rental Property Market Overview

The average rent for an apartment in Vernon Hills is $2,165. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -3.5% over the past year.

Vernon Hills is a village in Lake County, Illinois, United States. The population was 20,120 at the 2010 census, and estimated to be 21,585 in 2019. Vernon Hills is home to many corporate headquarters, including CDW, Zebra Technologies, and CCC Information Services.

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 Vernon Hills Illinois | Cost of Living

  • The most expensive ZIP Code in Vernon Hills is 60061 with an average price of $2,374
  • The cheapest ZIP Code in Vernon Hills is 60061 with an average price of $1,918

Vernon Hills ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
160061$2,374

Live near Vernon Hills, Illinois's Top Sights and Attractions

The Vernon Hills Athletic Complex is a large, multi-purpose sports complex that features a variety of athletic fields, courts, and facilities. The complex is home to a variety of sports teams and clubs, and hosts a variety of events and tournaments throughout the year.

Half Day Forest Preserve is a nature preserve with hiking trails, a lake, and picnic areas.

Marimac Park is a beautiful park located in Vernon Hills, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond.

Garvanian Park is a beautiful park located in Vernon Hills, Illinois. The park features a variety of amenities including a playground, a picnic area, a walking trail, and a pond.

Aspen Backyard Park is a beautiful park located in Vernon Hills, Illinois. The park features a variety of amenities including a playground, picnic tables, a walking path, and a pond.

Half Day Forest Preserve is a nature preserve with hiking trails, a playground, and a picnic area. The preserve is located in Vernon Hills, Illinois.

Lake Charles Park is a beautiful park located in Vernon Hills, Illinois. The park features a large lake, walking trails, a playground, and a pavilion. Visitors can also rent paddleboats and kayaks to enjoy the lake.

Gross Point Park is a beautiful park located in Vernon Hills, Illinois. The park features a variety of amenities including a playground, picnic areas, a walking path, and a pond.

Vernon Hills, 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 Vernon Hills compare to other cities in Illinois ?

citymedian price
Warrenville$2,260
South Elgin$2,155
Franklin Park$2,350
Glendale Heights$2,000
Lindenhurst$1,950
Lake Villa$1,800
Flossmoor$3,125
Itasca$1,747
Addison$2,055
Markham$1,445

Average household income in Vernon Hills 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 Vernon Hills in 2021 was $100,725. This represents a 11.5% change from 2011 when the median was $90,301.

#categorypercent
0Less than $10,0002.8%
1$10,000 to $14,9992.9%
2$15,000 to $19,9992.1%
3$20,000 to $24,9992.7%
4$25,000 to $29,9992.1%
5$30,000 to $34,9993.1%
6$35,000 to $39,9993.4%
7$40,000 to $44,9991.6%
8$45,000 to $49,9993.3%
9$50,000 to $59,9994.5%
10$60,000 to $74,9997.0%
11$75,000 to $99,99913.8%
12$100,000 to $124,99910.4%
13$125,000 to $149,9996.7%
14$150,000 to $199,99913.7%
15$200,000 or more19.8%

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