salaryRent is higher than in 80% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 32 minutes each way. Most homes (84.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $92,680 a year. That is $45 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
No. Rent here is more expensive than in most of Illinois. It is number 303 of 334 cities from cheapest to most expensive.
How much do households earn in Lake in the Hills?
Share of households by yearly income. 46.3% of households earn $100,000 or more.
Rent by apartment size in Lake in the Hills
| Size | Lake in the Hills | U.S. average |
|---|---|---|
| 1 bedroom | $1,264 | $1,324 |
| 2 bedrooms | $1,836 | $1,509 |
| 3 bedrooms | $2,385 | $1,698 |
| 4 bedrooms | $2,124 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake in the Hills overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake in the Hills, so the Illinois figure is shown.
Taxes and bills in Lake in the Hills
Life in Lake in the Hills
Is it cheaper to rent or buy in Lake in the Hills?
Buying is cheaper month to month: about $83 a month less than renting.
Owning assumes a typical $321,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,190 for the down payment.
Frequently asked questions
What is the average rent in Lake in the Hills, IL?
Renting in Lake in the Hills costs a median of about $2,317 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Lake in the Hills?
To keep rent under 30% of income, you need about $92,680 a year, or $45 an hour at a full-time job.
Is Lake in the Hills cheap or expensive?
Lake in the Hills is rated OK: rent takes 22.0% of the typical household income of $126,347. It ranks 303rd cheapest of 334 Illinois cities we track.
How much are property taxes in Lake in the Hills?
The median homeowner in Lake in the Hills pays $7,430 a year in property taxes, about 2.31% of the median home value.
Is Lake in the Hills more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lake in the Hills?
The median home value in Lake in the Hills is $321,900, about 2.5 times the typical yearly household income.
28,800 people live in Lake in the Hills. Numbers are typical (middle) values.