A+
64%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
51%
Owner Occ. NAT. AVG.

Forest Lake Housing Information

IndexForest LakeIllinoisNational
Median home price$303,800$174,800$184,700
Median rent asked$0$925$949
Avg. people per household3.32.62.6
Owner occupied households96.0%66.0%63.6%
Renter occupied households4.0%34.0%36.4%
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Housing Quick Facts

  • The median home price in Forest Lake is 64% higher than the national average.
  • The median rent asked in Forest Lake is 100% lower than the national average.
  • The average number of people per household in Forest Lake is 28% higher than the national average.
  • The number of owner occupied households in Forest Lake is 51% higher than the national average.
  • The number of renter occupied households in Forest Lake is 89% lower than the national average.

Most Affordable Places to Live in and Around Forest Lake

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Compare Forest Lake, IL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Park City, IL7,636$23,20087%
      North Chicago, IL29,967$107,90042%
      Round Lake Park, IL7,744$120,10035%
      McCullom Lake, IL1,193$138,80025%
      Waukegan, IL87,157$140,30024%
      Forest Lake, IL1,292$303,80064%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Redstone Arsenal, AL1,292$0100%
      Brookdale, CA1,293$620,900236%
      Hillside Lake, NY1,291$252,50037%
      Tennille, GA1,291$78,90057%
      Pilot Rock, OR1,293$116,00037%
      Forest Lake, IL1,292$303,80064%
      Source: The Forest Lake, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).