Rent by ZIP · Lake County
Rent in Great Lakes, IL 60088
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,550 (+9% vs FY2026). Renters in this ZIP code pay a median $1,843 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,130 | $1,940 | +9.8% | $1,917–2,343 | – |
| 1 bedroom | $2,260 | $2,080 | +8.7% | $2,034–2,486 | – |
| 2 bedrooms | $2,550 | $2,340 | +9% | $2,295–2,805 | $1,538 ±$217 |
| 3 bedrooms | $3,280 | $3,010 | +9% | $2,952–3,608 | $1,949 ±$201 |
| 4 bedrooms | $3,750 | $3,490 | +7.4% | $3,375–4,125 | $2,223 ±$82 |
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 60088
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60087 | Waukegan | $1,840 | $1,370 |
| 60089 | Buffalo Grove | $2,850 | $2,023 |
| 60090 | Wheeling | $2,290 | $1,705 |
| 60085 | Waukegan | $1,720 | $1,172 |
| 60091 | Wilmette | $3,020 | $2,097 |
| 60084 | Wauconda | $1,820 | $1,369 |
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.