Market Summary

Forest Lake, Lake County, IL

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Median Home Price Price

$430,361 $430.4K

Median Monthly Rent Rent

$1,846 $1.8K

GRM

19.0x

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
$413,419 $2,566 13.0x
$353,336 $1,868 16.0x
$458,343 $2,393 16.0x
$421,886 $2,401 15.0x

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
$270,610 $1,851 12.0x
$427,077 $1,695 21.0x
$362,056 $1,835 16.0x
$360,385 $2,004 15.0x
$790,016 $1,837 36.0x
$489,782 $2,229 18.0x
$383,527 $1,662 19.0x
$363,080 $1,823 17.0x
$349,349 $2,275 13.0x
$409,860 $2,785 12.0x

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
$424,158 $1,822 19.0x
$616,006 $1,873 27.0x
$281,355 $1,378 17.0x
$409,183 $1,863 18.0x
$443,070 $2,225 17.0x
$337,031 $1,962 14.0x
$373,140 $1,869 17.0x
$340,849 $905 31.0x
$363,149 $1,984 15.0x
$433,285 $1,867 19.0x
$550,153 $1,734 26.0x
$344,369 $1,371 21.0x
$493,394 $2,040 20.0x
$493,475 $1,730 24.0x
$780,311 $3,488 19.0x
$379,680 $1,725 18.0x
$284,983 $1,290 18.0x
$339,855 $1,975 14.0x
$382,566 $1,668 19.0x
$255,963 $1,275 17.0x
$246,664 $1,068 19.0x
$251,761 $1,783 12.0x
$233,965 $986 20.0x
$296,706 $1,778 14.0x
$320,436 $1,390 19.0x
$298,744 $1,378 18.0x

Home prices

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Monthly rent

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GRM

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Forest Lake

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Trend Insights

Median Rent in Forest Lake, IL is $1,846, with MoM change +$20 and YoY change +$147 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

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

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Metric
Base market Forest Lake, IL
Compare market Select a market
Delta vs base
Median rent
$1,846
N/A
Median price
$430,361
N/A
YoY change
+$147
N/A
Price-to-rent
19.4x
Data unavailable
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