Lake Villa Town, IL Rental Market Trends
Highlights
The average rent for an apartment in Lake Villa Town is $1,143, a 1% increase compared to the previous year, when the average rent was $1,130.
Average Rent in Lake Villa Town, IL
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,143 | 1% | 988 sq. ft. |
The average size for a Lake Villa Town, IL apartment is 988 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Lake Villa Town, IL Apartment Rent Ranges
- $701-$1,00020%
- $1,001-$1,50073%
- $1,501-$2,0007%
Lake Villa Town, IL Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
3,090 or 25% of the households in Lake Villa Town, IL are renter-occupied while 9,173 or 74% are owner-occupied.
Lake Villa Town, IL Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Dec / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake Villa Town, IL | $1,053 | $1,052 | $1,088 | $1,104 | $1,136 | $1,136 | $1,130 | $1,122 | $1,139 | $1,143 |
| National | $1,353 | $1,349 | $1,381 | $1,383 | $1,386 | $1,421 | $1,430 | $1,434 | $1,470 | $1,476 |
How Lake Villa Town Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Chicago | $1,965 | 4% |
| Oak Park | $1,881 | 1% |
| Evanston | $1,964 | 4% |
| Plainfield | $1,542 | 2% |
| Aurora | $1,310 | 1% |
| Gurnee | $1,349 | 2% |
| Round Lake | $1,203 | 4% |
| Grayslake | $1,236 | 6% |
| Round Lake Beach | $1,203 | 4% |
| Round Lake Town | $1,203 | 4% |
| Lake Villa Town | $1,143 | 1% |
For more information about the Lake Villa Town rental trends, check out our monthly rent report
Check out Illinois Cities, Illinois Neighborhoods and Illinois Zip Codes for more details on verified listings, including the Illinois Average Rent.
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