Market Summary

Vernon Hills, Lake County, IL

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Median Home Price Price

$421,886 $421.9K

Median Monthly Rent Rent

$2,401 $2.4K

GRM

15.0x

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
$350,225 $2,054 14.0x
$458,343 $2,393 16.0x
$430,361 $1,846 19.0x
$674,260 $3,467 16.0x
$358,658 $1,964 15.0x
$342,483 $1,934 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
$277,380 $2,334 10.0x
$427,077 $1,695 21.0x
$631,784 $2,506 21.0x
$350,396 $1,569 19.0x
$569,242 $2,464 19.0x
$572,650 $3,161 15.0x
$334,824 $2,470 11.0x
$384,311 $2,046 16.0x
$357,743 $2,396 12.0x
$470,400 $2,300 17.0x

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
$667,562 $2,372 23.0x
$493,394 $2,040 20.0x
$215,409 $1,059 17.0x
$619,468 $2,176 24.0x
$210,427 $1,167 15.0x
$409,183 $1,863 18.0x
$425,704 $2,287 16.0x
$339,855 $1,975 14.0x
$322,129 $1,538 17.0x
$1,144,343 $2,313 41.0x
$494,618 $1,291 32.0x
$976,782 $2,376 34.0x
$256,583 $1,264 17.0x
$424,158 $1,822 19.0x
$375,572 $2,526 12.0x
$340,875 $1,722 16.0x
$746,002 $2,445 25.0x
$227,641 $1,260 15.0x
$383,973 $1,529 21.0x
$731,875 $2,389 26.0x
$243,624 $1,342 15.0x
$704,997 $2,436 24.0x
$490,867 $2,228 18.0x
$224,030 $1,288 15.0x

Home prices

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Monthly rent

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GRM

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Vernon Hills

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Trend Insights

Median Rent in Vernon Hills, IL is $2,401, with MoM change +$28 and YoY change +$230 pointing to positive momentum while volatility is low (std $60).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Vernon Hills, IL
Compare market Select a market
Delta vs base
Median rent
$2,401
N/A
Median price
$421,886
N/A
YoY change
+$230
N/A
Price-to-rent
14.6x
Data unavailable
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