Median home value: $1136K (+9.4% YoY). Rent: $4,508/mo. Price-to-rent: 21.0x. 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$1,135,613
+9.4%
Rent$4,508/mo
AFFORDABILITYRenting $3,199/mo cheaper ($4,508 rent)6.00% 30yr, 20% down, county tax + IL ins. 28% per HUD.
Enter your income for Lake Forest.
$227,123 on $1,135,613
Out of reach — 123.3% of income
Need $330,300/yr to afford.
PITI$7,707
P/I123.3%
Afford$258K
Gap-$878K
P&I $5,447Tax $2,110Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing