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City Report · IL

Lake In The Hills

Pop. 28,800·49th most expensive in Illinois·Rental market data updated monthly for Lake in the Hills, IL
Median rent (all units)
$2,160/mo
Year-over-Year
+3.5%
Month-over-Month
-2.8%
vs US Median
+$195
Falling (Monthly)
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Most AffordableMost Expensive
Lake In The Hills · $2,160
More expensive than 67% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,160/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$86,000/yr
Local median income
$117,151/yr
Based on the 30%-of-income rule using Lake In The Hills's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,760
1 BR
$1,890
2 BR
$2,130
3 BR
$2,740
4 BR+
$3,210
Research median
$2,130/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,920/yr
At $2,160/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 3.5% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+3.5% YoY, -2.8% MoM), not inventory.
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Demographics

Who lives here

Lake In The Hills, IL is majority owner-occupied, has a large share of families with children, has a median income above the national average, 35.8% of residents hold a bachelor's degree or higher.

Population
28,800
Median income
$117,151
Median age
36.8
Renters
15.6%
Age distribution
27.6%
18.9%
31.6%
Under 1827.6%
18–3418.9%
35–5431.6%
55–6411.9%
65+10%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
70.9%
20.3%
White70.9%
Black2.8%
Hispanic20.3%
Asian7.2%
Education (25+)
24.8%
34.4%
35.8%
No HS diploma5.1%
HS diploma24.8%
Some college34.4%
Bachelor's+35.8%
Housing tenure
84.4%
15.6%
Owner84.4%
Renter15.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Lake In The Hills, IL has changed in 5 years

Income
$102,106 → $117,151
up 14.7%
Population
29,024 → 28,800
down 0.8%
Renter share
15.9% → 15.6%
-0.3 pts
Bachelor's+
38.8% → 35.8%
-3.0 pts
Median age
35.9 → 36.8
+0.9 yrs

Census figures show median household income at $117,151 today, compared with $102,106 five years earlier. Bachelor's-degree-or-higher attainment moved from 38.8% to 35.8% across the same window.

Community

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View Lake In The Hills rent history (2015–2026) →
Salary vs rent

Can you afford rent in Lake In The Hills on your salary?

At $2,160/mo, how Lake In The Hills rent compares to typical pay (30% rule).

By apartment size

Lake In The Hills rent by bedroom count

Median rent for each apartment size in Lake In The Hills. Click any size for full breakdown.

Local insights

Tips for renters in Lake In The Hills

About renting in Lake In The Hills, IL

Last updated: July 20, 2026

The median rent in Lake In The Hills is $2,160/mo as of July 2026. A studio apartment averages $1,760/mo while a 2-bedroom runs $2,130/mo. One-bedroom apartments average $1,890/mo and 3-bedroom units go for $2,740/mo.

At 22% of local median household income ($117,151/yr), Lake In The Hills ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

Is Lake In The Hills an affordable city for renters?

Lake In The Hills is considered very affordable for renters. At $2,160/mo, rent takes approximately 22% of the local median household income ($117,151/yr). The standard benchmark is 30%. Lake In The Hills falls comfortably within that range.

How much income do you need to rent in Lake In The Hills?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,160/mo in Lake In The Hills. The local median household income is $117,151/yr, meaning the typical Lake In The Hills household meets that threshold.

Is rent going up or down in Lake In The Hills?

Rent in Lake In The Hills has increased 3.5% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Lake In The Hills rent compare to other cities in Illinois?

Lake In The Hills is middle-of-the-pack for Illinois for rent, ranking #49 out of 142 tracked cities at $2,160/mo.

Which nearby cities are cheaper to rent in than Lake In The Hills?

Several nearby cities have lower median rents than Lake In The Hills ($2,160/mo): McHenry ($1,893/mo), Crystal Lake ($2,112/mo).

What percentage of Lake In The Hills residents rent vs. own?

According to Census data, approximately 15.6% of Lake In The Hills households are renters, while 84.4% are owner-occupied. Lake In The Hills leans toward homeownership, which can mean a smaller rental inventory.

How does Lake In The Hills rent compare to the national average?

Lake In The Hills's median rent of $2,160/mo is $195 (10%) above the US national median of $1,965/mo. Within Illinois, it ranks #49 out of 142 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,160/mo, rent takes ~22% of Lake In The Hills's median household income ($117,151/yr). The standard benchmark is 30%.

Lake In The Hills 22%Benchmark 30%
State income tax4.95%
Run the Lake In The Hills affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lake In The Hills, IL

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