In Lincolnshire, a typical home is worth $677,700 and typical rent is $2,858 a month. Compared with all of Lake County, the typical home value is 96% higher and typical rent is 94% higher.
Typical home value from Zillow, September 2021 to September 2026: from $530,181 to $742,023.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lincolnshire 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
The typical rent in Lincolnshire is $2,858 a month, 94% more than in Lake County as a whole ($1,477).
2
The typical home in Lincolnshire is worth $677,700,96% more than in Lake County as a whole ($345,700).
3
The typical household income in Lincolnshire is $185,580,68% more than in Lake County as a whole ($110,416).
4
Nearby, in Wheeling, the typical home value is $266,200: 61% less than in Lincolnshire ($677,700).
5
Nearby, in Wheeling, the typical rent is $1,663: 42% less than in Lincolnshire ($2,858).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Lincolnshire
What homes there are in Lincolnshire, 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
Lincolnshire
Lake County
Illinois
United States
Kind of home: Lincolnshire and its comparisons
Measure
Lincolnshire
Lake County
Illinois
United States
Detached house
53%
67%
58%
61%
Attached house
14%
10%
6%
6%
Building of 2 to 4
Unreliable estimate
6%
12%
8%
Apartments (5 or more)
Unreliable estimate
16%
22%
19%
Mobile home
Unreliable estimate
2%
2%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Lincolnshire, 5 in 10 homes are single-family detached houses; in Lake County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or later
Lincolnshire
Lake County
Illinois
United States
Year built: Lincolnshire and its comparisons
Measure
Lincolnshire
Lake County
Illinois
United States
Before 1960
4%
21%
38%
26%
1960–1979
28%
25%
26%
24%
1980–1999
29%
33%
20%
25%
2000–2009
18%
15%
11%
14%
2010 or later
21%
6%
6%
11%
Here half of the homes date from 1992 or later; in Lake County, from 1983 or later.
Homes in Lincolnshire are smaller: 64% have 3 bedrooms or more; in Lake County, 68%.
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–$300KUnreliable
$300K–$500K20%
$500K–$750K36%
$750K–$1M27%
$1M or more13%
Value of owner-occupied homes: Lincolnshire and its comparisons
Measure
Lincolnshire
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
20%
$500K–$750K
36%
$750K–$1M
27%
$1M or more
13%
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 more46%
Monthly rent with utilities: Lincolnshire and its comparisons
Measure
Lincolnshire
Under $500
Unreliable estimate
$500–$999
Unreliable
$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
46%
With a mortgage
$3,927 a month
Lake County: $2,503 a month
Owners with a mortgage
59%
Lake County: 64%
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lincolnshire+33%
Lake County+30%
Illinois+35%
United States+53%
Typical rent
LincolnshireNo clear change
Lake County+23%
Illinois+26%
United States+33%
Typical household income
Lincolnshire+60%
Lake County+24%
Illinois+27%
United States+29%
Change since 2015–2019: Lincolnshire and its comparisons
Measure
Lincolnshire
Lake County
Illinois
United States
Typical home value
+33%
+30%
+35%
+53%
Typical rent
No clear change
+23%
+26%
+33%
Typical household income
+60%
+24%
+27%
+29%
The typical home value in Lincolnshire rose 33% since 2015–2019, about the same as in Lake County (30%).
The typical rent in Lincolnshire 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: Lincolnshire and its comparisons
Measure
Lincolnshire
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
2.39
2.69
2.46
2.53
Drive alone
50%
66%
66%
69%
Carpool
Unreliable estimate
9%
8%
9%
Public transit
Unreliable estimate
3%
6%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
37%
20%
16%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Lincolnshire are smaller: 2.39 people on average; in Lake County, 2.69.
Many people here do not commute at all: 37% work from home; in Lake County, 20%.
Do the math
What would you pay each month for a home in Lincolnshire?
A typical home costs more than the typical income allows
We start with a typical home in Lincolnshire, worth $677,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Lincolnshire, which is $185,580 a year. For that payment to be 28% of income, a household would need to earn about $253,961 a year. Note: at that price the loan is above the FHA limit for Lake County ($541,287), so FHA would not insure it; the payment is only a reference.
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 Lincolnshire. 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 $23,720 (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
$5,926
at 7.18% · 30 years
Loan amount
$665,425
Total interest
$957,390
Paid off in
November 2056
Includes $11,445 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $4,330 a month
Tight
$4,330 to $5,567 a month
Hard
more than $5,567 a month
Your payment · 38%
Compared with the typical household income in Lincolnshire ($185,580 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$4,508
Property tax
$836
Home insurance
$282
FHA mortgage insurance (MIP)
$300
This loan is over the FHA limit
You'd borrow $653,980, but the FHA limit for a one-unit home in Lincolnshire is $541,287. You'd need a bigger down payment or a different loan.
You need at least $23,720 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 $5,926; principal and interest $4,508.
The city and its county
Lincolnshire and Lake County
Lincolnshire 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).
Lincolnshire
Map of Lake County, Illinois, with Lincolnshire marked. Around it, the neighboring counties.
Lincolnshire
Lake County
Other cities with a page
Lincolnshire's own numbers
Typical home value
$677,700
Typical monthly rent
$2,858
Typical yearly household income
$185,580
Households that own their home
78%
Effective property tax rate
1.48%
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 Lincolnshire is worth $677,700: 96% above the county and 157% above Illinois. With the typical household income in Lincolnshire ($185,580 a year), a typical home costs 3.7 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.
Lincolnshire3.7 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
Lincolnshire 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
Lincolnshire$677,700
Lake$345,700
Illinois$263,300
United States$332,700
Typical monthly rent
Lincolnshire$2,858
Lake$1,477
Illinois$1,274
United States$1,413
Typical yearly household income
Lincolnshire$185,580
Lake$110,416
Illinois$83,390
United States$80,734
See the full table
Lincolnshire next to Lake County and Illinois
Measure
Lincolnshire
Lake County
Illinois
U.S.
Typical home value
$677,700 ▲96% above the county
$345,700
$263,300
$332,700
Typical monthly rent
$2,858 ▲94% above the county
$1,477
$1,274
$1,413
Typical yearly household income
$185,580 ▲68% above the county
$110,416
$83,390
$80,734
Households that own their home
78% ▲3 points above the county
75%
67%
65%
Typical yearly property tax
$10,001 ▲12% above the county
$8,923
$5,298
$3,119
Effective property tax rate
1.48% ▼1.1 points below the county
2.58%
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 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 Lincolnshire
For a typical $677,700 home in Lincolnshire, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lincolnshire's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$5,926a month
Above the FHA limit for Lake County ($541,287)
Down payment
$23,720
Cash to close
$44,051
Rate
7.18%
Mortgage insurance
FHA MIP · $300
Conventional, 5% down$5,802a month
Least cash to close
Down payment
$33,885
Cash to close
$54,216
Rate
7.18%
Mortgage insurance
PMI · $322
Conventional, 20% down, no PMI$4,791a month
Down payment
$135,540
Cash to close
$155,871
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$5,418a month
Down payment
$101,655
Cash to close
$121,986
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lincolnshire
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Above the FHA limit for Lake County ($541,287)
$5,926
$23,720
$665,425
7.18%
FHA MIP · $300
$44,051
580
Conventional, 5% down Least cash to close
$5,802
$33,885
$643,815
7.18%
PMI · $322
$54,216
620*
Conventional, 20% down, no PMI
$4,791
$135,540
$542,160
7.18%
None
$155,871
620*
ITIN, 15% down (example)
$5,418
$101,655
$576,045
8.18%
None
$121,986
Set by the lender
The option that asks for the least cash to close is Conventional, 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 Lincolnshire is $2,858 a month: 94% above the county. In Lincolnshire, 52% 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 Lincolnshire
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lincolnshire is in ZIP code 60069.
For 2 bedrooms it is $3,020: $1,009 more than the fair market rent for Lake County ($2,011).
Fair market rent by ZIP code and size in Lincolnshire, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
60069
$2,520
$2,670
$3,020
$3,880
$4,440
ZIP code2 bd3 bd
60069 $3,020$3,880
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lincolnshire 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 Lincolnshire or Lake County. The ones below are statewide in Illinois: they work in Lincolnshire 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).
The HUD-approved agencies closest to the center of Lincolnshire, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
CP
Community Partners for Affordable Housing
800 S Milwaukee Ave Ste 201, Libertyville · 6 miles away · Spanish
No legal help resource on our list is for Lincolnshire 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 Lincolnshire 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 Lincolnshire?
The typical home value in Lincolnshire is $677,700, 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 Lincolnshire?
Typical rent in Lincolnshire is $2,858 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 Lincolnshire?
Lincolnshire 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 Lincolnshire?
The typical homeowner in Lincolnshire pays $10,001 a year, according to the U.S. Census Bureau. That is 1.48% of the home’s value; in Lake County, the rate is 2.58%.
Where can I find free help to buy or rent in Lincolnshire?
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.
