States › Illinois › Round Lake Beach

Is Round Lake Beach, IL expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8083% higher than U.S. average
💵 Families earn per year (2026)$92,815about $7,735/month · 7% higher than U.S. average
🔑 House price$199,20040% lower than U.S. average

Rent is higher than in 58% 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 30.4 minutes each way. Most homes (79.3%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $72,320 a year. That is $35 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 236 of 334 cities from cheapest to most expensive.

Round Lake Beach
$1,808
$1,616
$3,785

How much do households earn in Round Lake Beach?

Under $25k
9.5%
$25k–50k
21.2%
$50k–100k
40.8%
$100k–150k
16.9%
$150k+
9.1%

Share of households by yearly income. 26.0% of households earn $100,000 or more.

Rent by apartment size in Round Lake Beach

SizeRound Lake BeachU.S. average
1 bedroom$719$1,324
2 bedrooms$1,623$1,509
3 bedrooms$1,848$1,698
4 bedrooms$2,325$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Round Lake Beach overall?

Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).

Housing
94
Goods (food, clothes…)
104
Utilities
85
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Round Lake Beach, so the Illinois figure is shown.

Taxes and bills in Round Lake Beach

🏛️ Property tax$5,765a year · 2.89% of home value · U.S. $3,119
⚡ Electric bill$117a month (typical) · U.S. $156

Life in Round Lake Beach

Commute to work30.4 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home79.3%U.S.: 65.2%
Below poverty line14.8%U.S.: 12.5%
Unemployment7.6%U.S.: 5.2%

Is it cheaper to rent or buy in Round Lake Beach?

Buying is cheaper month to month: about $426 a month less than renting.

Renting
$1,808
Owning
$1,382

Owning assumes a typical $199,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,920 for the down payment.

Frequently asked questions

What is the average rent in Round Lake Beach, IL?

Renting in Round Lake Beach costs a median of about $1,808 a month in 2026, including utilities. The Illinois median is $1,517.

How much do I need to make to live in Round Lake Beach?

To keep rent under 30% of income, you need about $72,320 a year, or $35 an hour at a full-time job.

Is Round Lake Beach cheap or expensive?

Round Lake Beach is rated OK: rent takes 23.4% of the typical household income of $92,815. It ranks 236th cheapest of 334 Illinois cities we track.

How much are property taxes in Round Lake Beach?

The median homeowner in Round Lake Beach pays $5,765 a year in property taxes, about 2.89% of the median home value.

Is Round Lake Beach 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 Round Lake Beach?

The median home value in Round Lake Beach is $199,200, about 2.1 times the typical yearly household income.

27,079 people live in Round Lake Beach. Numbers are typical (middle) values.