Lake Zurich, IL Rental Market Trends
The average rent for an apartment in Lake Zurich is $1,341, a 6% increase compared to the previous year, when the average rent was $1,262.
Average Rent in Lake Zurich, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,341||6%||825 sq. ft.|
The average size for a Lake Zurich, IL apartment is 825 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 Zurich, IL Apartment Rent Ranges
Lake Zurich, IL Occupied Housing Units
- Renter-occupied Households16%
- Owner-occupied Households83%
1,099 or 16% of the households in Lake Zurich, IL are renter-occupied while 5,559 or 83% are owner-occupied.
Lake Zurich, IL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Jan / 2021|
How Lake Zurich Compares to Other Cities
|Average Rent||Y-o-Y Change|
For more information about the Lake Zurich rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!