Market Summary

New Lenox, Will County, IL

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Median Home Price Price

$428,458 $428.5K

Median Monthly Rent Rent

$1,955 $2K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Will County

Region Price Rent GRM Display
$302,687 $1,369 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Will County

Region Price Rent GRM Display
$491,471 $1,876 22.0x
$391,728 $2,149 15.0x
$470,400 $2,300 17.0x
$305,395 $2,043 12.0x
$325,845 $2,128 13.0x
$402,855 $2,100 16.0x

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
$227,659 $1,073 18.0x
$597,252 $2,283 22.0x
$689,082 $2,903 20.0x
$424,695 $1,855 19.0x
$230,939 $1,067 18.0x
$251,761 $1,783 12.0x
$422,617 $1,720 20.0x
$503,010 $1,872 22.0x
$276,701 $1,369 17.0x
$480,482 $2,150 19.0x
$264,079 $1,810 12.0x
$369,671 $1,733 18.0x
$477,175 $2,089 19.0x
$419,889 $2,083 17.0x
$313,618 $1,275 20.0x
$450,937 $2,296 16.0x
$587,088 $2,136 23.0x
$617,517 $2,331 22.0x
$351,061 $2,111 14.0x
$321,432 $1,509 18.0x
$542,807 $2,028 22.0x
$266,969 $1,789 12.0x
$217,148 $1,091 17.0x
$364,274 $1,901 16.0x
$481,006 $3,142 13.0x
$645,126 $2,122 25.0x
$185,812 $1,009 15.0x
$339,097 $2,458 11.0x
$666,672 $2,305 24.0x
$518,184 $2,290 19.0x
$179,977 $1,167 13.0x
$171,048 $1,121 13.0x

Home prices

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Monthly rent

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GRM

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New Lenox

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Trend Insights

Median Rent in New Lenox, IL is $1,955, with MoM change +$24 and YoY change +$206 pointing to positive momentum while volatility is low (std $55).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Lenox, IL.

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Metric
Base market New Lenox, IL
Compare market Select a market
Delta vs base
Median rent
$1,955
N/A
Median price
$428,458
N/A
YoY change
+$206
N/A
Price-to-rent
18.3x
Data unavailable
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