salaryRent is lower than in 67% of U.S. cities. That makes it a rare mix of above-average pay and below-average rent. A typical house costs about 3.5 years of household income. Commutes are long, about 34.8 minutes each way. Most homes (87.6%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $53,480 a year. That is $26 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 131 of 334 cities from cheapest to most expensive.
How much do households earn in Lemont?
Share of households by yearly income. 50.0% of households earn $100,000 or more.
Rent by apartment size in Lemont
| Size | Lemont | U.S. average |
|---|---|---|
| 1 bedroom | $1,209 | $1,324 |
| 2 bedrooms | $1,187 | $1,509 |
| 3 bedrooms | $3,371 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lemont 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 Lemont, so the Illinois figure is shown.
Taxes and bills in Lemont
Life in Lemont
Is it cheaper to rent or buy in Lemont?
Renting is cheaper right now: about $1,916 a month less.
Owning assumes a typical $468,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,880 for the down payment.
Frequently asked questions
What is the average rent in Lemont, IL?
Renting in Lemont costs a median of about $1,337 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Lemont?
To keep rent under 30% of income, you need about $53,480 a year, or $26 an hour at a full-time job.
Is Lemont cheap or expensive?
Lemont is rated Cheap: rent takes 12.1% of the typical household income of $133,055. It ranks 131st cheapest of 334 Illinois cities we track.
How much are property taxes in Lemont?
The median homeowner in Lemont pays $8,288 a year in property taxes, about 1.77% of the median home value.
Is Lemont 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 Lemont?
The median home value in Lemont is $468,800, about 3.5 times the typical yearly household income.
17,820 people live in Lemont. Numbers are typical (middle) values.