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Rent by ZIP · Lake County

Rent in Libertyville, IL 60048

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,220 (+11% vs FY2026). Renters in this ZIP code pay a median $1,666 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,850$1,660+11.4%$1,665–2,035–
1 bedroom$1,970$1,780+10.7%$1,773–2,167$1,197 ±$160
2 bedrooms$2,220$2,000+11%$1,998–2,442$1,708 ±$127
3 bedrooms$2,850$2,580+10.5%$2,565–3,135$2,419 ±$582
4 bedrooms$3,260$2,980+9.4%$2,934–3,586$2,461 ±$439

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 60048

Median gross rent$1,666±$120 · all sizes
Renter households1,63716% of occupied homes
No cash rent74households

How rents are spread

Under $1,00013%
$1,000–1,49927%
$1,500–1,99931%
$2,000–2,49911%
$2,500–2,9999%
$3,000–3,4992%
$3,500+7%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
60047Lake Zurich$2,640$2,258
60046Lake Villa$2,290$1,697
60050Mchenry$2,100$1,655
60045Lake Forest$2,960$1,685
60051Mchenry$2,270$1,705
60044Lake Bluff$2,280$1,653

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.