Español

Este sitio también está en español. Leer en español

City · 6,467 residents · McHenry County, Illinois

Lakemoor , Illinois

In Lakemoor, a typical home is worth $265,500 and typical rent is $1,726 a month. Compared with all of McHenry County, typical rent is 23% higher, the typical home value is 14% lower, and the share of households that own their home is 18 points lower.

WhatsApp

  • Typical home value

    $265,500

    14% below the county

    About the same as Illinois

    • Lakemoor
    • McHenry
    • Illinois

  • Typical rent

    $1,726a month

    23% above the county

    35% above Illinois

    • Lakemoor
    • McHenry
    • Illinois

  • Typical household income

    $100,414a year

    4% below the county

    20% above Illinois

    • Lakemoor
    • McHenry
    • Illinois

  • Households that own their home

    65%

    18 points below the county

    2 points below Illinois

    • Lakemoor
    • McHenry
    • Illinois

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$296,731
3.9% more than 12 months ago
Typical rent
$1,931 a month

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Lakemoor is in McHenry 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 McHenry County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lakemoor apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Johnsburg, the typical rent is $1,128: 35% less than in Lakemoor ($1,726).

  2. 65% of households in Lakemoor own their home, against 83% in McHenry County.

  3. The typical rent in Lakemoor is $1,726 a month, 23% more than in McHenry County as a whole ($1,401).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Lakemoor

What homes there are in Lakemoor, 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

Homes in Lakemoor are varied: detached houses are the largest group, at 48%, against 77% in McHenry County.

Year built

The typical home in Lakemoor was built in 1998, 9 years after the typical one in McHenry County.

There are fewer big homes in Lakemoor than in McHenry County: 60% have 3 bedrooms or more, against 73%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,164 a month

McHenry County: $2,137 a month

Without a mortgage

$903 a month

McHenry County: $945 a month

Owners with a mortgage

77%

McHenry County: 68%

Owning costs about the same in Lakemoor as in McHenry County: with a mortgage, $2,164 a month; without one, $903.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Lakemoor rose 46% since 2015–2019, more than in McHenry County (37%).

Since 2015–2019, the typical rent in Lakemoor rose 26%, more than in McHenry County (17%).

To compare: typical income in Lakemoor rose 25%; the home, +46%; the rent, +26%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureLakemoorMcHenry CountyIllinoisUnited States
Rental vacancy Unreliable estimate2.9%5.0%5.5%
Homeowner vacancy Unreliable estimate0.5%1.0%0.9%
More than one person per room Unreliable estimate1.5%2.5%3.4%
People per household 2.602.642.462.53
Drive alone 84%73%66%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%6%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 13%16%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Lakemoor look like those in McHenry County: 2.60 people on average.

To get to work, 84% of workers in Lakemoor drive alone; in McHenry County, 73%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Lakemoor?

A typical home is tight for the typical income

We start with a typical home in Lakemoor, worth $265,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Lakemoor, which is $100,414 a year. For that payment to be 28% of income, a household would need to earn about $110,872 a year.

The calculator's FHA and conventional loan limits are those of all of McHenry County.

Your numbers

Local data
$

Starts at the typical home value in Lakemoor. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $9,293 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,587

at 7.18% · 30 years

Loan amount
$260,691
Total interest
$375,073
Paid off in
November 2056

Includes $4,484 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,343 a month

  • Tight

    $2,343 to $3,012 a month

    Your payment · 31%

  • Hard

    more than $3,012 a month

Compared with the typical household income in Lakemoor ($100,414 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,587
Principal & interest$1,766
Property tax$593
Home insurance$111
FHA mortgage insurance (MIP)$117

You need at least $9,293 for the down payment, plus closing costs.

Next step

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.

The city and its county

Lakemoor and McHenry County

Lakemoor is in McHenry 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).

Lakemoor's own numbers

Typical home value
$265,500
Typical monthly rent
$1,726
Typical yearly household income
$100,414
Households that own their home
65%
Effective property tax rate
2.68%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of McHenry 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)
+57%
Homes in a high flood-risk zone
2.9%

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 McHenry County.

Everything about McHenry County

Buying

Buying a home in Lakemoor

A typical home in Lakemoor is worth $265,500: 14% below the county and about the same as Illinois. With the typical household income in Lakemoor ($100,414 a year), a typical home costs 2.6 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.

  • Lakemoor 2.6 years
  • McHenry 2.9 years
  • Illinois 3.2 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in McHenry County

According to FHFA’s house price index, home prices in McHenry County rose 86% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of McHenry County.

Period County Illinois U.S.
Last year (2025) +5.8% +5.7% +2.9%
5 years (2020–2025) +57% +47% +47%
10 years (2015–2025) +86% +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

Lakemoor next to McHenry 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
  • Lakemoor $265,500
  • McHenry $308,100
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Lakemoor $1,726
  • McHenry $1,401
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Lakemoor $100,414
  • McHenry $104,802
  • Illinois $83,390
  • United States $80,734
See the full table
Lakemoor next to McHenry County and Illinois
Measure Lakemoor McHenry County Illinois U.S.
Typical home value $265,500 $308,100 $263,300 $332,700
Typical monthly rent $1,726 $1,401 $1,274 $1,413
Typical yearly household income $100,414 $104,802 $83,390 $80,734
Households that own their home 65% 83% 67% 65%
Typical yearly property tax $7,103 $7,274 $5,298 $3,119
Effective property tax rate 2.68% 2.36% 2.01% 0.94%
Renters with high rent for their income 51% 51% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below McHenry 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 Lakemoor

For a typical $265,500 home in Lakemoor, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lakemoor's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,587a month

    Least cash to close
    Down payment
    $9,293
    Cash to close
    $17,258
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $117

  • Conventional, 5% down $2,538a month

    Down payment
    $13,275
    Cash to close
    $21,240
    Rate
    7.18%
    Mortgage insurance
    PMI · $126

  • Conventional, 20% down, no PMI $2,142a month

    Down payment
    $53,100
    Cash to close
    $61,065
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,388a month

    Down payment
    $39,825
    Cash to close
    $47,790
    Rate
    8.18%
    Mortgage insurance
    None

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.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Lakemoor and for McHenry County.

Property tax

Effective rate in Lakemoor

2.68%of the home’s value each year

$7,103 a year for the typical owner in Lakemoor.

  • Lakemoor 2.68%
  • McHenry 2.36%
  • Illinois 2.01%

What Illinois publishes General Homestead Exemption (Illinois Department of Revenue)

Exemptions and deadlines in Illinois

Flood risk in McHenry County

FEMA does not publish these numbers by city: they are for all of McHenry County.

Homes in the high-risk zone
2.9%
3,218
Of those, with NFIP insurance
19%
County Illinois U.S.
Homes in the high-risk zone 2.9% 1.5% 3.5%
Of those, with NFIP insurance 19% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lakemoor

Typical rent in Lakemoor is $1,726 a month: 23% above the county. In Lakemoor, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of McHenry 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.

HUD fair market rent for all of McHenry County

What you need to earn to pay it without spending more than 30% of income, working full time.

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 Lakemoor

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lakemoor is in ZIP code 60051.

For 2 bedrooms it is $2,270: $259 more than the fair market rent for McHenry County ($2,011).

  • 60051 $2,270$2,920

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lakemoor 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 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Lakemoor

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 McHenry County; 2 say they serve in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Lakemoor

No down payment, repair or rent-help program on our list is for Lakemoor or McHenry County. The ones below are statewide in Illinois: they work in Lakemoor the same as in the rest of the state.

Which programs do I qualify for? All programs in Illinois

  • IHDAccess Home

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with deferred payments for first-time buyers in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

  • IHDAccess Forgivable

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan forgiven little by little over ten years, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Forgivable

    See the program Official page

  • IHDAccess Deferred

    Statewide in Illinois

    Limited funds remain, per the source

    IHDA second loan with no payments until you sell or refinance, for the down payment in Illinois. Offered by Illinois Housing Development Authority (IHDA).

    Deferred

    See the program Official page

Housing counselors near Lakemoor

The HUD-approved agencies closest to the center of Lakemoor, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Restoration America, Inc.

    101 N Main St Ste 14, Crystal Lake · 9 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (847) 783-0232

  • Lake County Housing Authority

    22843 N Lakewood Ln, Lake Zurich · 11 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (847) 223-1170

  • Consumer Credit Counseling Services of Northern Illinois

    13707 W Jackson St, Woodstock · 13 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 9 more
    (815) 338-5757

Every agency in McHenry County All counseling agencies in Illinois

Help in Spanish near Lakemoor

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Lakemoor

HUD’s record names them for Lakemoor or McHenry County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • McHenry County Housing Authority Public housing and Section 8 vouchers (815) 338-7752

All housing agencies in Illinois Source: HUD

Cities

Other cities in McHenry County

These cities are also in McHenry County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about McHenry County Housing in Illinois

Nearby cities

The cities closest to Lakemoor, with the typical home value.

Neighboring counties

If McHenry County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Lakemoor.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Lakemoor

Short answers with the numbers for Lakemoor and all of McHenry 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 Lakemoor?

The typical home value in Lakemoor is $265,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in McHenry County it is $308,100.

How much does it cost to rent in Lakemoor?

Typical rent in Lakemoor is $1,726 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in McHenry County is $2,011.

What is the FHA loan limit in Lakemoor?

Lakemoor uses the FHA limit for all of McHenry 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 Lakemoor?

The typical homeowner in Lakemoor pays $7,103 a year, according to the U.S. Census Bureau. That is 2.68% of the home’s value; in McHenry County, the rate is 2.36%.

Where can I find free help to buy or rent in Lakemoor?

There are 2 HUD-approved counseling agencies with an office in McHenry County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).