Market Summary

Island Lake, Mchenry County, IL

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Median Home Price Price

$277,380 $277.4K

Median Monthly Rent Rent

$2,334 $2.3K

GRM

10.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within McHenry County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of McHenry County

Region Price Rent GRM Display
$315,380 $1,727 15.0x
$421,886 $2,401 15.0x
$303,212 $2,361 11.0x
$346,329 $2,046 14.0x
$334,824 $2,470 11.0x
$218,411 $1,493 12.0x
$309,779 $1,864 14.0x
$631,784 $2,506 21.0x
$305,395 $2,043 12.0x
$1,097,419 $2,317 39.0x
$290,345 $2,077 12.0x
$470,400 $2,300 17.0x
$254,905 $1,882 11.0x
$458,343 $2,393 16.0x
$396,692 $2,728 12.0x
$256,803 $1,361 16.0x
$569,242 $2,464 19.0x
$357,743 $2,396 12.0x
$275,819 $1,894 12.0x
$323,230 $1,460 18.0x
$413,419 $2,566 13.0x
$265,865 $1,234 18.0x
$234,325 $1,562 13.0x
$271,052 $1,887 12.0x
$269,523 $1,888 12.0x
$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 outside of IL

Region Price Rent GRM Display
$667,562 $2,372 23.0x
$530,978 $2,367 19.0x
$619,468 $2,176 24.0x
$413,161 $2,133 16.0x
$138,275 $1,136 10.0x
$425,704 $2,287 16.0x
$341,723 $1,605 18.0x
$310,473 $2,184 12.0x
$222,890 $1,601 12.0x
$421,487 $2,271 15.0x
$294,294 $1,258 20.0x
$976,782 $2,376 34.0x
$375,572 $2,526 12.0x
$153,030 $1,155 11.0x
$430,853 $1,716 21.0x
$596,838 $2,667 19.0x
$778,218 $2,249 29.0x

Home prices

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Monthly rent

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GRM

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Island Lake

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Trend Insights

Median Rent in Island Lake, IL is $2,334, with MoM change +$28 and YoY change +$231 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 Island Lake, IL.

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Metric
Base market Island Lake, IL
Compare market Select a market
Delta vs base
Median rent
$2,334
N/A
Median price
$277,380
N/A
YoY change
+$231
N/A
Price-to-rent
9.9x
Data unavailable
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