Lake Forest, IL has a population of 18,931, while the median age is 48. The household income in Lake Forest, IL is around $169,122. The homeownership rate among the residents is 87%. The median residential property value in Lake Forest, IL that you should keep in mind is $855,500.
Population | 18,931 |
Median Age | 47.8 |
Poverty Rate | 3% |
Household Income | $169,122 |
Number Of Employees | 8,083 |
Median Property Value | $855,500 |
Rent Price |
Apr | vs Last Month |
---|---|---|
1-bed apartments | $1,611 | N/A |
2-bed apartments | $3,611 | N/A |
3-bed apartments | $3,950 | -2% |
4+ bed apartments | $15,660 | +63.3% |
Over the April 2023, the average rent for an apartment in/near Lake Forest, IL increased by 4.1% to $7,672.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,611 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $3,611. 3-bed apartment rent pricing starts at $3,950, it decreased by 2% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 63.3% and made it up to $15,660.
Rent Type Price |
Apr | vs Last Month |
---|---|---|
Apartments for rent | $2,648 | -61.6% |
Houses for rent | $10,686 | +32.4% |
The median rent for an apartment in Lake Forest, IL decreased by 61.6% to $2,648. Statistics show that house rent price increased by 32.4% this month making it up to $10,686.