Lake Forest, Lake County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Lake Forest, Lake County, IL

Median Home Price Price

$1,097,419 $1.1M

Median Monthly Rent Rent

$2,317 $2.3K

GRM

39.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lake Forest, IL is $2,317, with MoM change +$26 and YoY change +$223 pointing to positive momentum while volatility is low (std $58).

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Metric

Base market Lake Forest, IL

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Delta vs base

Median rent

$2,317

N/A

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Median price

$1,097,419

N/A

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YoY change

+$223

N/A

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Price-to-rent

39.5x

Data unavailable

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