Highland Park, Lake County, IL

Median Home Price Price

$717,605 $717.6K

Median Monthly Rent Rent

$2,404 $2.4K

25.0x

Market Snapshot

Highland Park, Lake County, IL is a city market with a median home price of $717,605, a median monthly rent of $2,404, a GRM of 25.0x, and a price-to-rent ratio of 24.9.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Deerfield
$598K $3.0K 16.0x
Lake Forest
$1.10M $2.3K 39.0x
Libertyville Explore deeper
$569K $2.1K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Hinsdale, DuPage County, IL
$1.15M $2.4K 39.0x
Glenview, Cook County, IL
$607K $2.3K 22.0x
Northbrook, Cook County, IL
$632K $2.5K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Columbus Grove, Putnam County, OH
$221K $942 20.0x
Edwardsburg, Cass County, MI
$280K $1.1K 20.0x
Waldwick, Bergen County, NJ Explore deeper
$700K $4.3K 14.0x

Home prices

Monthly rent

GRM = home price / annual rent

Highland Park

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Benchmark comparison

Compare Highland Park, IL to another market.

Compare to Deerfield, IL
Highland Park, IL
Deerfield, IL
Delta
Median rent
$2,404
N/A
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Median price
$717,605
N/A
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YoY change
+$232
N/A
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Price-to-rent
24.9x
Data unavailable
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Key takeaways

  • Highland Park, Lake County, IL has a higher-grm screening profile: At 25.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $232 year over year.
  • Next discovery step: compare Deerfield, Lake County, IL from the Same county set.