Home prices
The cost of the median home in Lake Zurich is $337,300. This is approximately $171,820 (33%) lower in comparison to the surrounding areas.It is approximately $119,800 (55%) higher compared to the rest of the country, and is about $79,300 (30%) higher compared to the city of Chicago.
Rents
Lake Zurich's median rent is $1,562 per month. In comparison to the surrounding areas it is roughly $354 (18%) lower.It is about $500 (47%) higher compared to the country as a whole, and in comparison to the city of Chicago it is approximately $450 (40%) higher.
Nearby places
Deer Park
Deer Park is Lake Zurich's neighbor to the south. Real estate prices there are a lot more expensive. Deer Park's median home price is $552,800, which works out to $215,500 (38%) higher than Lake Zurich. Rents there are a bit less expensive. In Deer Park the median monthly rent is $1,302, which works out to $260 (19%) lower than Lake Zurich.
Barrington
Barrington is roughly 3 miles southwest of Lake Zurich. Its real estate prices are a little more expensive. The median home price in Barrington is $483,400, which is $146,100 (30%) higher than Lake Zurich. The rent there is a little less expensive. The median monthly rent in Barrington is $1,485, which is $77 (5%) lower than Lake Zurich.
Long Grove
Long Grove is roughly 3 miles east from Lake Zurich. Its housing prices are a lot more expensive. The median home cost in Long Grove is $648,700, which comes out to $311,400 (48%) higher than Lake Zurich. Rents there are a lot more expensive. In Long Grove the median monthly rent is $3,250, which comes out to $1,688 (51%) higher than Lake Zurich.
Lake Barrington
Lake Barrington is about 3 miles west from Lake Zurich. The housing prices there are somewhat more expensive. The median home in Lake Barrington costs $379,700, which is $42,400 (11%) higher than Lake Zurich. Rents there are somewhat less expensive. The median monthly rent in Lake Barrington is $1,389, which is $173 (12%) lower than Lake Zurich.
Tower Lakes
Tower Lakes is approximately 3 miles northwest from Lake Zurich. Its real estate prices are somewhat more expensive. The median home in Tower Lakes costs $481,000, which is $143,700 (29%) higher than Lake Zurich. Rent there is a little more expensive. In Tower Lakes the median monthly rent is $2,156, which is $594 (27%) higher than Lake Zurich.
