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States / Illinois / Lake Forest

Lake Forest, IL Housing

ACS 2020-2024

Median Home Value
$938,300 ± $36,426
Median Gross Rent
$1,815 ± $180/mo
Homeownership Rate
88.8%
Rent as Share of Income
9.3%
Price-to-Income Ratio
4.0×
Vacancy Rate
5.2%
Median Year Built
1976

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
16
Buildings
16
Single-Family Units
16
Multi-Family Units
0

Nearby Cities in Illinois

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Lake Forest, IL Housing: Rent & Home Values | HomeDataUSA