Can An Electrician Afford Rent in Lake Forest, IL?
Rent-burdened — rent takes 87% of gross income.
Lake Forest rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).
About rent and an electrician salary
Electrician pay is competitive with many four-year-degree occupations and covers comfortable rent across most US metros. Union journeymen in high-cost cities often earn well above the BLS mean once overtime and benefits are counted, which expands affordability further. At the national-average electrician salary, the 30% rule supports about $1,748 a month in rent. The per-city pages show where rent stays in range and where it begins to pinch.
Cheaper rent nearby
These Illinois cities have lower median rent than Lake Forest, which improves the affordability math on an electrician salary:
Compare with full rent data for Lake Forest
View full rent data for Lake Forest, IL →Frequently asked questions
Can an electrician afford rent in Lake Forest, IL?
Median rent in Lake Forest is $5,171 a month. A typical electrician in Illinois earns about $71,298 a year, which makes that rent 87% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can an electrician afford in Lake Forest?
Using the 30% rule, an electrician salary in Illinois (~$71,298/yr) supports up to $1,782 a month in rent. Lake Forest's current median rent is $5,171/mo, which is $3,389/mo over the affordability threshold.
How many hours does an electrician work to cover rent in Lake Forest?
At an hourly equivalent of about $34 an hour, an electrician in Illinois works roughly 150.9 hours a month to cover Lake Forest's median rent of $5,171.
Where is rent cheaper than Lake Forest for an electrician?
Nearby Illinois cities with lower median rent include Wilmette ($4,246/mo), Wilmette ($4,223/mo), Wilmette ($4,213/mo). Each shifts the affordability math materially on an electrician salary.