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Rent by ZIP · Lake County

Rent in Lake Forest, IL 60045

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,960 (+10.9% vs FY2026). Renters in this ZIP code pay a median $1,857 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$2,470$2,220+11.3%$2,223–2,717–
1 bedroom$2,620$2,370+10.5%$2,358–2,882$1,639 ±$188
2 bedrooms$2,960$2,670+10.9%$2,664–3,256$1,685 ±$337
3 bedrooms$3,810$3,440+10.8%$3,429–4,191$3,410 ±$701
4 bedrooms$4,350$3,980+9.3%$3,915–4,785$3,500+

Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.

What renters pay in 60045

Median gross rent$1,857±$193 · all sizes
Renter households82011% of occupied homes
No cash rent108households

How rents are spread

Under $1,00010%
$1,000–1,49920%
$1,500–1,99929%
$2,000–2,4999%
$2,500–2,9995%
$3,000–3,4994%
$3,500+24%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60044Lake Bluff$2,280$1,653
60046Lake Villa$2,290$1,697
60043Kenilworth$2,880–
60047Lake Zurich$2,640$2,258
60042Island Lake$2,540$1,497
60048Libertyville$2,220$1,708

Fair Market Rents across Lake County, IL · All IL counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.