Gurnee Housing Information
| Index | Gurnee | Illinois | National |
| Median home price | $251,300 | $174,800 | $184,700 |
| Median rent asked | $1,179 | $925 | $949 |
| Avg. people per household | 2.6 | 2.6 | 2.6 |
| Owner occupied households | 70.3% | 66.0% | 63.6% |
| Renter occupied households | 29.7% | 34.0% | 36.4% |
Gurnee Home Affordability
When looking for real estate in Gurnee, IL, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Gurnee, IL, the median price of a home is $251,300 and $88,553 is the median household income. This means that the home price to income ratio is 2.8x, a ratio that is 4% lower than the average in Illinois. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Gurnee, IL will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Gurnee, IL.Nearby cities with low home prices
| City, State | Population | Home Price | National Avg. |
| Park City, IL | 7,402 | $27,900 | 85% |
| North Chicago, IL | 30,023 | $106,500 | 42% |
| Zion, IL | 24,195 | $116,800 | 37% |
| Waukegan, IL | 88,159 | $118,600 | 36% |
| Round Lake Park, IL | 7,989 | $120,000 | 35% |
| Gurnee, IL | 31,070 | $251,300 | 36% |
Cities with similar population
| City, State | Population | Home Price | National Avg. |
| Meadow Woods, FL | 31,077 | $161,000 | 13% |
| Shawnee, OK | 31,091 | $96,800 | 48% |
| Dania Beach, FL | 31,046 | $167,300 | 9% |
| Wheat Ridge, CO | 31,044 | $278,700 | 51% |
| San Luis, AZ | 31,118 | $112,100 | 39% |
| Gurnee, IL | 31,070 | $251,300 | 36% |