Lake County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Lake County is about $1,133 per month. This puts it in the 92nd percentile compared to the state average cost of rent, which is $1,043. Households in Lake County have a median income of $5,210 per month so the average renter in Lake County is spending roughly 22% of their earnings on housing.
Nationally, and in Lake County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lake County is $207,007 right now, which is lower than counties nearby, meaning that rents in Lake County also tend to be lower versus these nearby counties.
Higher rent prices are common in the southwestern parts of Lake County while lower rent rates are often available in northeastern areas.
Nearby Counties
- Porter County, IN: more expensive rent prices
- Cook County, IL: more expensive rent prices
- LaPorte County, IN: less expensive rent prices
- Will County, IL: more expensive rent prices
- Kankakee County, IL: less expensive rent prices
- Jasper County, IN: less expensive rent prices
- Newton County, IN: less expensive rent prices
- DuPage County, IL: more expensive rent prices
- Starke County, IN: less expensive rent prices
- Pulaski County, IN: less expensive rent prices
Counties with Similar Populations
- Williamson County, TX: more expensive rent prices
- Pasco County, FL: more expensive rent prices
- Sonoma County, CA: more expensive rent prices
- Morris County, NJ: more expensive rent prices
- Adams County, CO: more expensive rent prices
- Plymouth County, MA: more expensive rent prices
- Guilford County, NC: less expensive rent prices
- Greenville County, SC: more expensive rent prices
- Passaic County, NJ: more expensive rent prices
- Chester County, PA: more expensive rent prices
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