Median home value: $146K (-2.1% YoY). Rent: $1,250/mo. Price-to-rent: 9.7x. 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$145,953
-2.1%
Rent$1,250/mo
AFFORDABILITYBuying $313/mo cheaper ($1,250 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Enter your income for Lake Station.
$29,191 on $145,953
Affordable — 15% of income
Under the 28% guideline.
PITI$937
P/I15%
Afford$273K
Room+$127K
P&I $700Tax $103Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing