Housing & Real Estate — Grayslake, Illinois
Overview
| Total Housing Units | 8,268 |
|---|
| Occupied | 7,939 |
|---|
| Vacant | 329 |
|---|
| Owner-Occupied | 6,056 |
|---|
| Renter-Occupied | 1,883 |
|---|
| Median Home Value (Census) | $309,500 |
|---|
| Estimated 2026 | ~$349,000 |
|---|
| Median Rent | $1,434/mo |
|---|
| Median Property Tax | $10,001/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 15.1% |
|---|
| Severely Rent-Burdened | 39.3% |
|---|
Housing Age
| Built 2010 or later | 414 |
|---|
| Built 2000-2009 | 1,733 |
|---|
| Built 1990-1999 | 3,523 |
|---|
| Built before 1960 | 1,046 |
|---|
| Median Year Built | 1994 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
