Market Summary

Gurnee, Lake County, IL

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Median Home Price Price

$346,329 $346.3K

Median Monthly Rent Rent

$2,046 $2K

GRM

14.0x

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
$315,380 $1,727 15.0x
$275,819 $1,894 12.0x
$358,658 $1,964 15.0x
$350,225 $2,054 14.0x
$271,052 $1,887 12.0x
$254,905 $1,882 11.0x
$690,056 $1,857 31.0x
$342,483 $1,934 15.0x
$328,708 $1,845 15.0x
$309,779 $1,864 14.0x
$323,230 $1,460 18.0x
$305,395 $2,043 12.0x

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
$277,380 $2,334 10.0x
$327,799 $2,071 13.0x
$378,738 $1,986 16.0x
$388,963 $2,099 15.0x
$256,803 $1,361 16.0x
$390,919 $2,147 15.0x
$290,345 $2,077 12.0x
$265,865 $1,234 18.0x
$359,907 $1,923 16.0x
$383,310 $2,075 15.0x
$391,644 $1,980 16.0x

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
$281,799 $1,469 16.0x
$306,660 $1,780 14.0x
$401,670 $2,066 16.0x
$220,819 $1,238 15.0x
$227,641 $1,260 15.0x
$643,754 $2,177 25.0x
$294,294 $1,258 20.0x
$456,061 $2,133 18.0x
$365,607 $1,665 18.0x
$392,886 $1,940 17.0x
$506,397 $3,292 13.0x
$341,723 $1,605 18.0x
$335,483 $1,039 27.0x
$189,942 $1,217 13.0x
$476,690 $1,573 25.0x
$443,891 $2,180 17.0x
$254,135 $1,989 11.0x
$255,818 $1,488 14.0x
$227,968 $1,466 13.0x
$430,853 $1,716 21.0x
$477,618 $2,708 15.0x
$267,475 $1,579 14.0x

Home prices

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Monthly rent

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GRM

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Gurnee

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Trend Insights

Median Rent in Gurnee, IL is $2,046, with MoM change +$22 and YoY change +$172 pointing to positive momentum while volatility is low (std $43).

Benchmark Markets Side by Side

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

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Metric
Base market Gurnee, IL
Compare market Select a market
Delta vs base
Median rent
$2,046
N/A
Median price
$346,329
N/A
YoY change
+$172
N/A
Price-to-rent
14.1x
Data unavailable
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