Lake Villa Town, IL Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lake Villa Town is $1,635, a 4% increase compared to the previous year, when the average rent was $1,572.
One-bedroom apartments provide 776 square feet for $1,456, balancing privacy and affordability.
Two-beedroom units at $1,709 offer 1,080 square feet, perfect for roommates or small families.
Average rent in Lake Villa Town, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,635 | 991 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,456 | 776 sq. ft. |
| 2 Beds | $1,709 | 1,080 sq. ft. |
| 3 Beds | n/a | n/a |
Lake Villa Town, IL rent trends
Rental prices in Lake Villa Town, IL have increased by 4% over the past year. The average rent moved from $1,572 to $1,635.
What's the typical rent budget in Lake Villa Town, IL?
The largest share of rentals in Lake Villa Town, IL (60%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Lake Villa Town, IL?
943 or 30% of the households in Lake Villa Town, IL are renter-occupied while 2,198 or 70% are owner-occupied.
How Lake Villa Town Compares to Other Cities
| City | Average Rent |
|---|---|
| Lake Villa Town | $1,635 |
| Chicago | $2,461 |
| Oak Park | $2,176 |
| Evanston | $2,577 |
| Rockford | $1,260 |
| Aurora | $1,856 |
| Naperville | $2,057 |
| Skokie | $2,041 |
| Dekalb | $1,082 |
| Champaign | $1,655 |
| Lombard | $1,986 |
| Cary | $2,132 |
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 Town 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.