Housing & Real Estate — Tower Lakes, Illinois

Overview

Total Housing Units459
Occupied435
Vacant24
Owner-Occupied423
Renter-Occupied12
Median Home Value (Census)$510,300
Estimated 2026~$545,000
Median Rent$2,375/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income18.5%
Severely Rent-Burdened61.5%

Housing Age

Built 2010 or later0
Built 2000-200910
Built 1990-19999
Built before 1960173
Median Year Built1966
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.