Foreclosure Homes in Lake Villa, IL

Buyer vs Seller Market in Lake Villa, IL

Median home value: $349,542 as of 2026-07-14.

Median rent: $1,680 as of 2026-07-14.

Home values: +2.51% MoM, +6.03% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Lake Villa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Villa, IL, is on a rollercoaster ride. The average rent price in Lake Villa, IL, is $1,781.00. Indeed, when looking to rent in Lake Villa, IL, you can expect to pay as little as $860.00 or as much as $4,340.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Lake Villa, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.