Market Summary

Deerfield, Lake County, IL

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Median Home Price Price

$598,138 $598.1K

Median Monthly Rent Rent

$3,046 $3K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lake County

Region Price Rent GRM Display
$690,056 $1,857 31.0x
$674,260 $3,467 16.0x
$413,419 $2,566 13.0x
$568,904 $2,059 23.0x
$717,605 $2,404 25.0x
$585,209 $2,218 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Lake County

Region Price Rent GRM Display
$325,845 $2,128 13.0x
$729,252 $1,846 33.0x
$293,605 $1,983 12.0x
$396,692 $2,728 12.0x
$506,938 $4,269 10.0x
$790,016 $1,837 36.0x
$631,784 $2,506 21.0x
$526,029 $1,811 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$717,455 $2,848 21.0x
$654,356 $2,684 20.0x
$209,447 $1,395 13.0x
$538,677 $2,771 16.0x
$339,855 $1,975 14.0x
$550,059 $2,908 16.0x
$1,134,886 $2,948 32.0x
$182,021 $1,112 14.0x
$1,015,134 $2,938 28.0x
$1,034,080 $3,250 27.0x
$481,006 $3,142 13.0x
$440,425 $2,474 15.0x
$187,374 $1,321 12.0x
$1,104,999 $3,210 29.0x
$754,715 $3,254 19.0x
$1,055,770 $2,760 32.0x
$243,728 $1,501 14.0x
$658,003 $2,806 20.0x
$252,007 $1,526 14.0x
$537,669 $2,423 18.0x
$464,504 $2,798 14.0x
$1,164,767 $2,995 32.0x
$619,468 $2,176 24.0x
$1,225,391 $2,992 34.0x
$271,116 $1,741 13.0x
$1,545,741 $2,969 43.0x
$196,681 $1,451 11.0x
$1,150,931 $2,589 37.0x
$326,430 $2,185 12.0x
$1,336,420 $3,186 35.0x

Home prices

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Monthly rent

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GRM

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Deerfield

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Trend Insights

Median Rent in Deerfield, IL is $3,046, with MoM change +$39 and YoY change +$324 pointing to positive momentum while volatility is low (std $86).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Deerfield, IL.

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Metric
Base market Deerfield, IL
Compare market Select a market
Delta vs base
Median rent
$3,046
N/A
Median price
$598,138
N/A
YoY change
+$324
N/A
Price-to-rent
16.4x
Data unavailable
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