In Beach Park, a typical home is worth $245,800 and typical rent is $1,254 a month. Compared with all of Lake County, the typical home value is 29% lower, typical household income is 22% lower, and the share of households that own their home is 12 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $221,736 to $307,123.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Beach Park is in Lake County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Lake County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Zion, the typical home value is $183,800: 25% less than in Beach Park ($245,800).
2
The typical home in Beach Park is worth $245,800,29% less than in Lake County as a whole ($345,700).
3
The typical household income in Beach Park is $85,664,22% less than in Lake County as a whole ($110,416).
4
87% of households in Beach Park own their home, against 75% in Lake County.
5
The typical rent in Beach Park is $1,254 a month, 15% less than in Lake County as a whole ($1,477).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Beach Park
What homes there are in Beach Park, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Beach Park
Lake County
Illinois
United States
Kind of home: Beach Park and its comparisons
Measure
Beach Park
Lake County
Illinois
United States
Detached house
71%
67%
58%
61%
Attached house
13%
10%
6%
6%
Building of 2 to 4
Unreliable estimate
6%
12%
8%
Apartments (5 or more)
Unreliable estimate
16%
22%
19%
Mobile home
13%
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Beach Park, 7 in 10 homes are single-family detached houses; in Lake County, 7.
In Beach Park there are many mobile homes: 13% of homes; in Lake County, 2%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Beach Park
Lake County
Illinois
United States
Year built: Beach Park and its comparisons
Measure
Beach Park
Lake County
Illinois
United States
Before 1960
17%
21%
38%
26%
1960–1979
23%
25%
26%
24%
1980–1999
31%
33%
20%
25%
2000–2009
26%
15%
11%
14%
2010 or later
Unreliable estimate
6%
6%
11%
By age, homes in Beach Park look like those in Lake County: the typical year built is 1986.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K13%
$100K–$200K16%
$200K–$300K43%
$300K–$500K26%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Beach Park and its comparisons
Measure
Beach Park
Under $100K
13%
$100K–$200K
16%
$200K–$300K
43%
$300K–$500K
26%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
The FHA limit for Lake County is high ($541,287): at least 98% of owner-occupied homes in Beach Park are worth less than $500,000.
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99934%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Beach Park and its comparisons
Measure
Beach Park
Under $500
Unreliable
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
34%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$1,941 a month
Lake County: $2,503 a month
Without a mortgage
$839 a month
Lake County: $1,088 a month
Owners with a mortgage
53%
Lake County: 64%
The typical cost for an owner with a mortgage in Beach Park is $1,941 a month, less than in Lake County ($2,503); without one, $839.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Beach Park+63%
Lake County+30%
Illinois+35%
United States+53%
Typical rent
Beach ParkNo clear change
Lake County+23%
Illinois+26%
United States+33%
Typical household income
Beach Park+19%
Lake County+24%
Illinois+27%
United States+29%
Change since 2015–2019: Beach Park and its comparisons
Measure
Beach Park
Lake County
Illinois
United States
Typical home value
+63%
+30%
+35%
+53%
Typical rent
No clear change
+23%
+26%
+33%
Typical household income
+19%
+24%
+27%
+29%
The typical home value in Beach Park rose 63% since 2015–2019, more than in Lake County (30%).
Since 2015–2019, the typical rent in Beach Park did not change clearly, according to the Census.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Beach Park and its comparisons
Measure
Beach Park
Lake County
Illinois
United States
Rental vacancy
Unreliable estimate
3.7%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.0%
0.9%
More than one person per room
Unreliable estimate
2.9%
2.5%
3.4%
People per household
2.74
2.69
2.46
2.53
Drive alone
72%
66%
66%
69%
Carpool
14%
9%
8%
9%
Public transit
Unreliable estimate
3%
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
10%
20%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
A household in Beach Park has 2.74 people on average, about the same as in Lake County (2.69).
In Beach Park, 14% of workers share a car to get to work; in Lake County, 9%.
Do the math
What would you pay each month for a home in Beach Park?
A typical home is tight for the typical income
We start with a typical home in Beach Park, worth $245,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 33% of the typical household income in Beach Park, which is $85,664 a year. For that payment to be 28% of income, a household would need to earn about $102,119 a year.
The calculator's FHA and conventional loan limits are those of all of Lake County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Beach Park. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $8,603 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,383
at 7.18% · 30 years
Loan amount
$241,348
Total interest
$347,243
Paid off in
November 2056
Includes $4,151 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,999 a month
Tight
$1,999 to $2,570 a month
Your payment · 33%
Hard
more than $2,570 a month
Compared with the typical household income in Beach Park ($85,664 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,635
Property tax
$537
Home insurance
$102
FHA mortgage insurance (MIP)
$109
You need at least $8,603 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $2,383; principal and interest $1,635.
The city and its county
Beach Park and Lake County
Beach Park is in Lake County, Illinois. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Beach Park
Map of Lake County, Illinois, with Beach Park marked. Around it, the neighboring counties.
Beach Park
Lake County
Other cities with a page
Beach Park's own numbers
Typical home value
$245,800
Typical monthly rent
$1,254
Typical yearly household income
$85,664
Households that own their home
87%
Effective property tax rate
2.62%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lake County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$2,011
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
2%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Lake County.
A typical home in Beach Park is worth $245,800: 29% below the county and 7% below Illinois. With the typical household income in Beach Park ($85,664 a year), a typical home costs 2.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Beach Park2.9 years
Lake3.1 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lake County
According to FHFA’s house price index, home prices in Lake County rose 66% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lake County.
Yearly change in FHFA’s price index in Lake County, 2016 to 2025
2016: +2.3% +2.3% 2016
2017: +1.8% +1.8% 2017
2018: +1.3% +1.3% 2018
2019: +1.9% +1.9% 2019
2020: +0.5% +0.5% 2020
2021: +8.3% +8.3% 2021
2022: +13.8% +13.8% 2022
2023: +9.0% +9.0% 2023
2024: +7.6% +7.6% 2024
2025: +6.7% +6.7% 2025
Change in FHFA’s price index in Lake County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+6.7%
+5.7%
+2.9%
5 years (2020–2025)
+54%
+47%
+47%
10 years (2015–2025)
+66%
+65%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Beach Park next to Lake County, Illinois and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Beach Park$245,800
Lake$345,700
Illinois$263,300
United States$332,700
Typical monthly rent
Beach Park$1,254
Lake$1,477
Illinois$1,274
United States$1,413
Typical yearly household income
Beach Park$85,664
Lake$110,416
Illinois$83,390
United States$80,734
See the full table
Beach Park next to Lake County and Illinois
Measure
Beach Park
Lake County
Illinois
U.S.
Typical home value
$245,800 ▼29% below the county
$345,700
$263,300
$332,700
Typical monthly rent
$1,254 ▼15% below the county
$1,477
$1,274
$1,413
Typical yearly household income
$85,664 ▼22% below the county
$110,416
$83,390
$80,734
Households that own their home
87% ▲12 points above the county
75%
67%
65%
Typical yearly property tax
$6,445 ▼28% below the county
$8,923
$5,298
$3,119
Effective property tax rate
2.62% ▲0.04 points above the county
2.58%
2.01%
0.94%
Renters with high rent for their income
54% ▲5 points above the county
49%
48%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lake County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Beach Park
For a typical $245,800 home in Beach Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Beach Park's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,383a month
Least cash to close
Down payment
$8,603
Cash to close
$15,977
Rate
7.18%
Mortgage insurance
FHA MIP · $109
Conventional, 5% down$2,338a month
Down payment
$12,290
Cash to close
$19,664
Rate
7.18%
Mortgage insurance
PMI · $117
Conventional, 20% down, no PMI$1,971a month
Down payment
$49,160
Cash to close
$56,534
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,198a month
Down payment
$36,870
Cash to close
$44,244
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Beach Park
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,383
$8,603
$241,348
7.18%
FHA MIP · $109
$15,977
580
Conventional, 5% down
$2,338
$12,290
$233,510
7.18%
PMI · $117
$19,664
620*
Conventional, 20% down, no PMI
$1,971
$49,160
$196,640
7.18%
None
$56,534
620*
ITIN, 15% down (example)
$2,198
$36,870
$208,930
8.18%
None
$44,244
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Beach Park is $1,254 a month: 15% below the county. In Beach Park, 54% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Lake County, by unit size. To pay the 2-bedroom one ($2,011 a month) without spending more than 30% of your income, you would need to earn $38.67 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Lake County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,678
$32.27
$67,120
1 bedroom
$1,780
$34.23
$71,200
2 bedrooms
$2,011
$38.67
$80,440
3 bedrooms
$2,586
$49.73
$103,440
4 bedrooms
$2,954
$56.81
$118,160
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Beach Park
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Beach Park has 2 ZIP codes with their own.
For 2 bedrooms it runs from $1,640 in 60099 to $1,840 in 60087.
None is above the fair market rent for Lake County ($2,011).
Fair market rent by ZIP code and size in Beach Park, fiscal year 2027.
60087
$1,540
$1,630
$1,840
$2,370
$2,700
60099
$1,370
$1,450
$1,640
$2,110
$2,410
ZIP code2 bd3 bd
60087 $1,840$2,370
60099 $1,640$2,110
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Beach Park when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 2 HUD-approved agencies with an office in Lake County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Beach Park or Lake County. The ones below are statewide in Illinois: they work in Beach Park the same as in the rest of the state.
IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois.Offered by Illinois Housing Development Authority (IHDA).
No legal help resource on our list is for Beach Park or Lake County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Beach Park and all of Lake County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Beach Park?
The typical home value in Beach Park is $245,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lake County it is $345,700.
How much does it cost to rent in Beach Park?
Typical rent in Beach Park is $1,254 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lake County is $2,011.
What is the FHA loan limit in Beach Park?
Beach Park uses the FHA limit for all of Lake County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Beach Park?
The typical homeowner in Beach Park pays $6,445 a year, according to the U.S. Census Bureau. That is 2.62% of the home’s value; in Lake County, the rate is 2.58%.
Where can I find free help to buy or rent in Beach Park?
There are 2 HUD-approved counseling agencies with an office in Lake County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
