In Lemont, a typical home is worth $468,800 and typical rent is $1,209 a month. Compared with all of Cook County, typical household income is 48% higher, the typical home value is 44% higher, and the share of households that own their home is 30 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $436,621 to $589,005.
Typical rent
$2,231a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lemont is in Cook 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 Cook County. See the county
What this place has that others do not, from public data, most unusual first.
1
88% of households in Lemont own their home, against 58% in Cook County.
2
The typical household income in Lemont is $123,370,48% more than in Cook County as a whole ($83,498).
3
The typical home in Lemont is worth $468,800,44% more than in Cook County as a whole ($324,500).
4
Nearby, in Bolingbrook, the typical home value is $314,700: 33% less than in Lemont ($468,800).
5
The typical rent in Lemont is $1,209 a month, 16% less than in Cook County as a whole ($1,435).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lemont
What homes there are in Lemont, 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
Lemont
Cook County
Illinois
United States
Kind of home: Lemont and its comparisons
Measure
Lemont
Cook County
Illinois
United States
Detached house
75%
40%
58%
61%
Attached house
15%
6%
6%
6%
Building of 2 to 4
Unreliable estimate
19%
12%
8%
Apartments (5 or more)
Unreliable estimate
35%
22%
19%
Mobile home
Unreliable estimate
1%
2%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
The detached house rules in Lemont: 75% of homes, more than in Cook County (40%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Lemont
Cook County
Illinois
United States
Year built: Lemont and its comparisons
Measure
Lemont
Cook County
Illinois
United States
Before 1960
13%
49%
38%
26%
1960–1979
11%
25%
26%
24%
1980–1999
37%
14%
20%
25%
2000–2009
23%
8%
11%
14%
2010 or later
15%
5%
6%
11%
The typical home in Lemont was built in 1995, 34 years after the typical one in Cook County.
There is more room for a big family here: 80% of homes have 3 bedrooms or more, against 49% in Cook County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K9%
$300K–$500K46%
$500K–$750K34%
$750K–$1M5%
$1M or moreUnreliable
Value of owner-occupied homes: Lemont and its comparisons
Measure
Lemont
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
9%
$300K–$500K
46%
$500K–$750K
34%
$750K–$1M
5%
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lemont and its comparisons
Measure
Lemont
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,719 a month
Cook County: $2,270 a month
Without a mortgage
$1,021 a month
Cook County: $910 a month
Owners with a mortgage
53%
Cook County: 62%
Owning costs more in Lemont: with a mortgage, the typical cost is $2,719 a month; in Cook County, $2,270. Without one, $1,021.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lemont+29%
Cook County+32%
Illinois+35%
United States+53%
Typical rent
LemontNo clear change
Cook County+28%
Illinois+26%
United States+33%
Typical household income
LemontNo clear change
Cook County+29%
Illinois+27%
United States+29%
Change since 2015–2019: Lemont and its comparisons
Measure
Lemont
Cook County
Illinois
United States
Typical home value
+29%
+32%
+35%
+53%
Typical rent
No clear change
+28%
+26%
+33%
Typical household income
No clear change
+29%
+27%
+29%
The typical home value in Lemont rose 29% since 2015–2019, about the same as in Cook County (32%).
The typical rent in Lemont stayed about the same over that time: the difference is within the Census margin of error.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lemont and its comparisons
Measure
Lemont
Cook County
Illinois
United States
Rental vacancy
Unreliable estimate
4.5%
5.0%
5.5%
Homeowner vacancy
Unreliable estimate
1.1%
1.0%
0.9%
More than one person per room
Unreliable estimate
3.3%
2.5%
3.4%
People per household
2.73
2.43
2.46
2.53
Drive alone
72%
55%
66%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
12%
6%
3%
Walk or bike
Unreliable estimate
5%
3%
3%
Work from home
17%
19%
16%
15%
Other means
Unreliable estimate
2%
1%
2%
Typical commute
30 to 39 minutes
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
More people live in each home here: 2.73 on average, against 2.43 in Cook County.
The car rules in Lemont: 72% of workers drive to work alone, and the typical trip takes 30 to 39 minutes.
Do the math
What would you pay each month for a home in Lemont?
A typical home costs more than the typical income allows
We start with a typical home in Lemont, worth $468,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 41% of the typical household income in Lemont, which is $123,370 a year. For that payment to be 28% of income, a household would need to earn about $180,534 a year.
The calculator's FHA and conventional loan limits are those of all of Cook 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 Lemont. 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 $16,408 (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
$4,212
at 7.18% · 30 years
Loan amount
$460,309
Total interest
$662,276
Paid off in
November 2056
Includes $7,917 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $2,879 a month
Tight
$2,879 to $3,701 a month
Hard
more than $3,701 a month
Your payment · 41%
Compared with the typical household income in Lemont ($123,370 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,118
Property tax
$692
Home insurance
$195
FHA mortgage insurance (MIP)
$207
You need at least $16,408 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 $4,212; principal and interest $3,118.
The city and its county
Lemont and Cook County
Lemont is in Cook 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).
Lemont
Map of Cook County, Illinois, with Lemont marked. Around it, the neighboring counties.
Lemont
Cook County
Other cities with a page
Lemont's own numbers
Typical home value
$468,800
Typical monthly rent
$1,209
Typical yearly household income
$123,370
Households that own their home
88%
Effective property tax rate
1.77%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Cook 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)
+42%
Homes in a high flood-risk zone
1%
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 Cook County.
A typical home in Lemont is worth $468,800: 44% above the county and 78% above Illinois. With the typical household income in Lemont ($123,370 a year), a typical home costs 3.8 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.
Lemont3.8 years
Cook3.9 years
Illinois3.2 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Cook County
According to FHFA’s house price index, home prices in Cook County rose 61% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Cook County.
Yearly change in FHFA’s price index in Cook County, 2016 to 2025
2016: +3.9% +3.9% 2016
2017: +3.2% +3.2% 2017
2018: +2.5% +2.5% 2018
2019: +2.7% +2.7% 2019
2020: +0.9% +0.9% 2020
2021: +7.2% +7.2% 2021
2022: +11.3% +11.3% 2022
2023: +5.7% +5.7% 2023
2024: +6.4% +6.4% 2024
2025: +5.5% +5.5% 2025
Change in FHFA’s price index in Cook County, Illinois and the United States
Period
County
Illinois
U.S.
Last year (2025)
+5.5%
+5.7%
+2.9%
5 years (2020–2025)
+42%
+47%
+47%
10 years (2015–2025)
+61%
+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
Lemont next to Cook 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
Lemont$468,800
Cook$324,500
Illinois$263,300
United States$332,700
Typical monthly rent
Lemont$1,209
Cook$1,435
Illinois$1,274
United States$1,413
Typical yearly household income
Lemont$123,370
Cook$83,498
Illinois$83,390
United States$80,734
See the full table
Lemont next to Cook County and Illinois
Measure
Lemont
Cook County
Illinois
U.S.
Typical home value
$468,800 ▲44% above the county
$324,500
$263,300
$332,700
Typical monthly rent
$1,209 ▼16% below the county
$1,435
$1,274
$1,413
Typical yearly household income
$123,370 ▲48% above the county
$83,498
$83,390
$80,734
Households that own their home
88% ▲30 points above the county
58%
67%
65%
Typical yearly property tax
$8,288 ▲34% above the county
$6,191
$5,298
$3,119
Effective property tax rate
1.77% ▼0.14 points below the county
1.91%
2.01%
0.94%
Renters with high rent for their income
52% ▲3 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 Cook 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 Lemont
For a typical $468,800 home in Lemont, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lemont's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,212a month
Least cash to close
Down payment
$16,408
Cash to close
$30,472
Rate
7.18%
Mortgage insurance
FHA MIP · $207
Conventional, 5% down$4,127a month
Down payment
$23,440
Cash to close
$37,504
Rate
7.18%
Mortgage insurance
PMI · $223
Conventional, 20% down, no PMI$3,427a month
Down payment
$93,760
Cash to close
$107,824
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,861a month
Down payment
$70,320
Cash to close
$84,384
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lemont
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,212
$16,408
$460,309
7.18%
FHA MIP · $207
$30,472
580
Conventional, 5% down
$4,127
$23,440
$445,360
7.18%
PMI · $223
$37,504
620*
Conventional, 20% down, no PMI
$3,427
$93,760
$375,040
7.18%
None
$107,824
620*
ITIN, 15% down (example)
$3,861
$70,320
$398,480
8.18%
None
$84,384
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 Lemont is $1,209 a month: 16% below the county. In Lemont, 52% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Cook 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 Cook 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 Lemont
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lemont is in ZIP code 60439.
For 2 bedrooms it is $1,650: $361 less than the fair market rent for Cook County ($2,011).
Fair market rent by ZIP code and size in Lemont, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
60439
$1,380
$1,460
$1,650
$2,120
$2,420
ZIP code2 bd3 bd
60439 $1,650$2,120
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lemont 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 42 HUD-approved agencies with an office in Cook County; 19 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for Lemont or Cook County. The ones below are statewide in Illinois: they work in Lemont 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 Lemont or Cook 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 Lemont and all of Cook 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 Lemont?
The typical home value in Lemont is $468,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cook County it is $324,500.
How much does it cost to rent in Lemont?
Typical rent in Lemont is $1,209 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cook County is $2,011.
What is the FHA loan limit in Lemont?
Lemont uses the FHA limit for all of Cook 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 Lemont?
The typical homeowner in Lemont pays $8,288 a year, according to the U.S. Census Bureau. That is 1.77% of the home’s value; in Cook County, the rate is 1.91%.
Where can I find free help to buy or rent in Lemont?
There are 42 HUD-approved counseling agencies with an office in Cook County. 19 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
