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Lily Lake, IL
Full City Profile · Illinois · Kane County County
3.6
/5.0
B+
Good
1,432
Population
526/sq mi density
$145,192
Median Income
$57,150 per capita
$379,300
Home Value
$545,581 Zillow
$1,438
Median Rent
27.5% income on rent
50°F
Avg Temperature
275 sunny days/yr
18
Violent Crime/100K
300 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$145,192 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$379,300 home value, $1,438/mo rent
F
Safety
1.0 / 5.0
18 violent crimes/100K
A
Education
4.1 / 5.0
38.5% bachelor's degree or higher
Housing Overview
Median Home Value
$379,300
35% above
US avg: $281,900
Median Rent
$1,438/mo
24% above
US avg: $1,163/mo
Homeownership Rate
98.5%
51% above US avg (65.4%)
Total Housing Units
437
Median year built: 1985
Home Value by Source
Census Median
$379,300
Zillow (ZHVI)
$545,581
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
98.5%
Owner-Occupied
1.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,438/mo
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
98.5%
Complete Housing Data
Home Values
| Census Median Value | $379,300 |
| Zillow Home Value (ZHVI) | $545,581 |
Rent
| Census Median Rent | $1,438 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 98.5% |
| Renter-Occupied | 1.5% |
| Homeownership Rate | 98.5% |
| Total Housing Units | 437 |
| Median Year Built | 1985 |
| Rent Burden | 27.5% |