Can A Real Estate Agent Afford Rent in Lake in the Hills, IL?

Stretched but workable — rent takes 38.7% of gross income.

Lake in the Hills rent: June 2026. Salary: BLS OEWS May 2024 (Illinois state estimate).

Lake in the Hills median rent
$2,160/mo
Real Estate Agent salary (Illinois)
$66,892/yr
Rent as % of income
38.7%
Gross monthly income works out to about $5,574, and the 30% rule supports up to $1,672/mo in rent. Lake in the Hills's median rent of $2,160 exceeds that threshold by $488/mo, putting a real estate agent salary into the rent-burdened range here. A real estate agent works roughly 67.2 hours a month to cover that rent.

About rent and a real estate agent salary

Real estate agent pay is commission-driven and varies widely with local market conditions. The BLS mean averages high and low producers. At the national-average agent salary, the 30% rule supports about $1,640 a month in rent — though successful agents in active markets earn well above this.

Cheaper rent nearby

These Illinois cities have lower median rent than Lake in the Hills, which improves the affordability math on a real estate agent salary:

Buffalo Grove, IL
$2,159/mo (38.7% of income)
Vernon Hills, IL
$2,159/mo (38.7% of income)
Streamwood, IL
$2,158/mo (38.7% of income)

Compare with full rent data for Lake in the Hills

View full rent data for Lake in the Hills, IL

Frequently asked questions

Can a real estate agent afford rent in Lake in the Hills, IL?

Median rent in Lake in the Hills is $2,160 a month. A typical real estate agent in Illinois earns about $66,892 a year, which makes that rent 38.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a real estate agent afford in Lake in the Hills?

Using the 30% rule, a real estate agent salary in Illinois (~$66,892/yr) supports up to $1,672 a month in rent. Lake in the Hills's current median rent is $2,160/mo, which is $488/mo over the affordability threshold.

How many hours does a real estate agent work to cover rent in Lake in the Hills?

At an hourly equivalent of about $32 an hour, a real estate agent in Illinois works roughly 67.2 hours a month to cover Lake in the Hills's median rent of $2,160.

Where is rent cheaper than Lake in the Hills for a real estate agent?

Nearby Illinois cities with lower median rent include Buffalo Grove ($2,159/mo), Vernon Hills ($2,159/mo), Streamwood ($2,158/mo). Each shifts the affordability math materially on a real estate agent salary.

Methodology: Salary uses the BLS-derived Illinois state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Lake in the Hills, IL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.