Lake Villa, IL Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Villa is $1,640, a 8.44% increase compared to the previous year, when the average rent was $1,512.
One-bedroom apartments provide 788 square feet for $1,446, balancing privacy and affordability.
Two-beedroom units at $1,714 offer 1,066 square feet, perfect for roommates or small families.
Average rent in Lake Villa, IL
Last updated: November 20, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,640 | 988 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,446 | 788 sq. ft. |
| 2 Beds | $1,714 | 1,066 sq. ft. |
| 3 Beds | n/a | n/a |
Lake Villa, IL rent trends
Rental prices in Lake Villa, IL have increased by 8.44% over the past year. The average rent moved from $1,512 to $1,640.
What's the typical rent budget in Lake Villa, IL?
The largest share of rentals in Lake Villa, IL (58%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Villa, IL?
943 or 30% of the households in Lake Villa, IL are renter-occupied while 2,198 or 70% are owner-occupied.
How Lake Villa Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Villa | $1,640 |
| Chicago | $2,432 |
| Oak Park | $2,213 |
| Evanston | $2,568 |
| Rockford | $1,252 |
| Skokie | $2,128 |
| Aurora | $1,865 |
| Peoria | $1,218 |
| Naperville | $2,082 |
| Dekalb | $1,105 |
| Waukegan | $1,365 |
| Grayslake, IL | $1,512 |
| Kenosha, WI | $1,425 |
| Gurnee, IL | $1,793 |
| McHenry, IL | $1,698 |
| Lake Bluff, IL | $1,940 |
| Libertyville, IL | $2,363 |
| Vernon Hills, IL | $2,368 |
| Mundelein, IL | $1,843 |
| Zion, IL | $1,242 |
| Antioch, IL | $1,754 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Villa apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.