Median home value: $350K (+4.4% YoY). Rent: $1,795/mo. Price-to-rent: 16.2x. Part of Chicago-Naperville-Elgin, IL-IN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Chicago-Naperville-Elgin, IL-IN-WI metro page.
Home Value$349,648
+4.4%
Rent$1,795/mo
AFFORDABILITYRenting $682/mo cheaper ($1,795 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Grayslake.
$69,930 on $349,648
Out of reach — 39.6% of income
Need $106,157/yr to afford.
PITI$2,477
P/I39.6%
Afford$247K
Gap-$103K
P&I $1,677Tax $650Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing