Market Summary

Waukegan, Lake County, IL

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Median Home Price Price

$218,411 $218.4K

Median Monthly Rent Rent

$1,493 $1.5K

GRM

12.0x

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
$223,106 $1,497 12.0x
$234,325 $1,562 13.0x
$271,052 $1,887 12.0x
$233,453 $1,915 10.0x
$269,523 $1,888 12.0x
$254,905 $1,882 11.0x

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
$383,527 $1,662 19.0x
$396,692 $2,728 12.0x
$237,146 $1,265 16.0x
$350,396 $1,569 19.0x
$162,260 $1,264 11.0x
$256,803 $1,361 16.0x
$283,291 $1,519 16.0x
$371,080 $1,660 19.0x

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
$252,007 $1,526 14.0x
$201,791 $1,417 12.0x
$368,769 $1,579 19.0x
$329,710 $1,484 19.0x
$533,939 $1,732 26.0x
$341,642 $1,619 18.0x
$345,775 $1,511 19.0x
$169,503 $1,154 12.0x
$244,065 $1,202 17.0x
$316,889 $1,171 23.0x
$377,836 $1,631 19.0x
$274,669 $1,266 18.0x
$320,386 $1,384 19.0x
$427,759 $1,641 22.0x
$175,326 $1,122 13.0x
$287,852 $1,373 17.0x
$410,023 $1,594 21.0x
$238,207 $1,401 14.0x
$181,564 $1,355 11.0x
$338,670 $1,674 17.0x
$402,320 $1,536 22.0x
$341,959 $1,631 17.0x
$244,646 $1,200 17.0x
$305,933 $1,010 25.0x
$182,771 $1,390 11.0x

Home prices

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Monthly rent

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GRM

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Waukegan

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Trend Insights

Median Rent in Waukegan, IL is $1,493, with MoM change +$19 and YoY change +$160 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 Waukegan, IL.

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Metric
Base market Waukegan, IL
Compare market Select a market
Delta vs base
Median rent
$1,493
N/A
Median price
$218,411
N/A
YoY change
+$160
N/A
Price-to-rent
12.2x
Data unavailable
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