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City Report · IL

Round Lake Beach

Pop. 27,079·40th most expensive in Illinois·Round Lake Beach rents are up 20.8% over the past year
Median rent (all units)
$2,230/mo
Year-over-Year
+20.8%
Month-over-Month
+4.1%
vs US Median
+$268
Rising (Monthly)
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Most AffordableMost Expensive
Round Lake Beach · $2,230
More expensive than 70% of US cities · National median $1,962/mo
Affordability
31% of income
MODERATE
0%30% benchmark60%+

At $2,230/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford
$89,000/yr
Local median income
$86,059/yr
Based on the 30%-of-income rule using Round Lake Beach's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$650
2 BR
$1,468
3 BR
$1,671
4 BR+
$2,102
Fair Market Rent (HUD)
$1,468/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,230 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$26,760/yr
At $2,230/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 20.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+20.8% YoY, +4.1% MoM), not inventory.
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Demographics

Who lives here

Round Lake Beach, IL is majority owner-occupied, has a large share of families with children, 16.2% of residents hold a bachelor's degree or higher.

Population
27,079
Median income
$86,059
Median age
33.8
Renters
20.7%
Age distribution
27.7%
23.8%
27.6%
Under 1827.7%
18–3423.8%
35–5427.6%
55–6411.8%
65+9%
Gender
52.5%
47.5%
Male52.5%
Female47.5%
Race & ethnicity
43.4%
56.1%
White43.4%
Black4.2%
Hispanic56.1%
Asian2.2%
Education (25+)
23.3%
32.1%
28.4%
16.2%
No HS diploma23.3%
HS diploma32.1%
Some college28.4%
Bachelor's+16.2%
Housing tenure
79.3%
20.7%
Owner79.3%
Renter20.7%

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

2021 vs 2026

How Round Lake Beach, IL has changed in 5 years

Income
$79,837 → $86,059
up 7.8%
Population
27,412 → 27,079
down 1.2%
Renter share
22.2% → 20.7%
-1.5 pts
Bachelor's+
16.8% → 16.2%
-0.6 pts
Median age
33.2 → 33.8
+0.6 yrs

On the earnings side, the typical household in Round Lake Beach, IL now reports about $86,059, up from $79,837 in 2021. The population has contracted by 1.2% since 2021, moving from about 27,412 residents to roughly 27,079. Renters now make up 20.7% of households, compared with 22.2% five years ago.

Community

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View Round Lake Beach rent history (2015–2026) →
Salary vs rent

Can you afford rent in Round Lake Beach on your salary?

At $2,230/mo, how Round Lake Beach rent compares to typical pay (30% rule).

By apartment size

Round Lake Beach rent by bedroom count

Median rent for each apartment size in Round Lake Beach. Click any size for full breakdown.

Local insights

Tips for renters in Round Lake Beach

About renting in Round Lake Beach, IL

Last updated: August 17, 2026

The median rent in Round Lake Beach is $2,230/mo as of August 2026. a 2-bedroom runs $1,468/mo. One-bedroom apartments average $650/mo and 3-bedroom units go for $1,671/mo.

At 31% of local median household income ($86,059/yr), Round Lake Beach ranks as moderate compared to the national benchmark of 30%. Rents have increased 20.8% over the past year.

FAQ

Frequently asked questions

Is Round Lake Beach an affordable city for renters?

Round Lake Beach is considered moderate for renters. At $2,230/mo, rent takes approximately 31% of the local median household income ($86,059/yr). The standard benchmark is 30%. Round Lake Beach slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Round Lake Beach?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,230/mo in Round Lake Beach. The local median household income is $86,059/yr, meaning the typical Round Lake Beach household falls short of that threshold.

Is rent going up or down in Round Lake Beach?

Rent in Round Lake Beach has increased 20.8% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Round Lake Beach rent compare to other cities in Illinois?

Round Lake Beach is one of the pricier cities in Illinois for rent, ranking #40 out of 142 tracked cities at $2,230/mo.

Which nearby cities are cheaper to rent in than Round Lake Beach?

Several nearby cities have lower median rents than Round Lake Beach ($2,230/mo): Gurnee ($1,944/mo), Antioch ($2,193/mo).

What percentage of Round Lake Beach residents rent vs. own?

According to Census data, approximately 20.7% of Round Lake Beach households are renters, while 79.3% are owner-occupied. Round Lake Beach leans toward homeownership, which can mean a smaller rental inventory.

How does Round Lake Beach rent compare to the national average?

Round Lake Beach's median rent of $2,230/mo is $268 (14%) above the US national median of $1,962/mo. Within Illinois, it ranks #40 out of 142 tracked cities.
Income Affordability
31%
MODERATE

At $2,230/mo, rent takes ~31% of Round Lake Beach's median household income ($86,059/yr). The standard benchmark is 30%.

Round Lake Beach 31%Benchmark 30%
State income tax4.95%
Run the Round Lake Beach affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Round Lake Beach, IL

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