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City · 27,079 residents · Lake County, Illinois

Round Lake Beach , Illinois

In Round Lake Beach, a typical home is worth $199,200 and typical rent is $1,543 a month. Compared with all of Lake County, the typical home value is 42% lower and typical household income is 22% lower.

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  • Typical home value

    $199,200

    42% below the county

    24% below Illinois

    • Round Lake Beach
    • Lake
    • Illinois

  • Typical rent

    $1,543a month

    4% above the county

    21% above Illinois

    • Round Lake Beach
    • Lake
    • Illinois

  • Typical household income

    $86,059a year

    22% below the county

    3% above Illinois

    • Round Lake Beach
    • Lake
    • Illinois

  • Households that own their home

    79%

    4 points above the county

    12 points above Illinois

    • Round Lake Beach
    • Lake
    • Illinois

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

Market now, with Zillow data

Zillow data
Typical home value
$258,881
5.3% more than 12 months ago
Typical rent
$2,116 a month
2.5% more than 12 months ago

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

Round Lake Beach 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

Data updated: October 1, 2026 11 official sources

Only here

What sets Round Lake Beach apart

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

  1. The typical home in Round Lake Beach is worth $199,200, 42% less than in Lake County as a whole ($345,700).

  2. Nearby, in Round Lake Park, the typical home value is $164,900: 17% less than in Round Lake Beach ($199,200).

  3. The typical household income in Round Lake Beach is $86,059, 22% less than in Lake County as a whole ($110,416).

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

The homes here

Housing in Round Lake Beach

What homes there are in Round Lake Beach, 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

In Round Lake Beach, 8 in 10 homes are single-family detached houses; in Lake County, 7.

Year built

The typical year built in Round Lake Beach is 1986, about the same as in Lake County (1983).

In Round Lake Beach, 76% of homes have 3 bedrooms or more, more than in Lake County (68%).

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

At least 100% of owner-occupied homes in Round Lake Beach are worth less than $500,000, below the FHA loan limit for Lake County ($541,287).

Monthly rent with utilities

With a mortgage

$1,765 a month

Lake County: $2,503 a month

Without a mortgage

$793 a month

Lake County: $1,088 a month

Owners with a mortgage

62%

Lake County: 64%

In Round Lake Beach, 62% of owners have a mortgage, and their typical cost is $1,765 a month, against $2,503 in Lake County. Without one it drops to $793.

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 Round Lake Beach rose 39% since 2015–2019, more than in Lake County (30%).

Since 2015–2019, the typical rent in Round Lake Beach rose 16%, less than in Lake County (23%).

While home values in Round Lake Beach changed +39% and rent +16%, the typical household income rose 22%.

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

MeasureRound Lake BeachLake CountyIllinoisUnited States
Rental vacancy Unreliable estimate3.7%5.0%5.5%
Homeowner vacancy Unreliable estimate0.9%1.0%0.9%
More than one person per room 5.1%2.9%2.5%3.4%
People per household 3.162.692.462.53
Drive alone 73%66%66%69%
Carpool 15%9%8%9%
Public transit Unreliable estimate3%6%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 8%20%16%15%
Other means Unreliable estimate1%1%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

More than one person per room: that is how 5.1% of households in Round Lake Beach live, more than in Lake County (2.9%).

Households in Round Lake Beach are bigger: 3.16 people on average; in Lake County, 2.69.

More people carpool to work in Round Lake Beach than in Lake County: 15% against 9%.

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 Round Lake Beach?

A typical home is within reach of the typical income

We start with a typical home in Round Lake Beach, worth $199,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Round Lake Beach, which is $86,059 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Round Lake Beach. 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 $6,972 (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

$1,976

at 7.18% · 30 years

Loan amount
$195,592
Total interest
$281,411
Paid off in
November 2056

Includes $3,364 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,008 a month

    Your payment · 28%

  • Tight

    $2,008 to $2,582 a month

  • Hard

    more than $2,582 a month

Compared with the typical household income in Round Lake Beach ($86,059 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,976
Principal & interest$1,325
Property tax$480
Home insurance$83
FHA mortgage insurance (MIP)$88

You need at least $6,972 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

Round Lake Beach and Lake County

Round Lake Beach 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).

Round Lake Beach's own numbers

Typical home value
$199,200
Typical monthly rent
$1,543
Typical yearly household income
$86,059
Households that own their home
79%
Effective property tax rate
2.89%

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.

Everything about Lake County

Buying

Buying a home in Round Lake Beach

A typical home in Round Lake Beach is worth $199,200: 42% below the county and 24% below Illinois. With the typical household income in Round Lake Beach ($86,059 a year), a typical home costs 2.3 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.

  • Round Lake Beach 2.3 years
  • Lake 3.1 years
  • Illinois 3.2 years
  • United States 4.1 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.

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

Round Lake Beach 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
  • Round Lake Beach $199,200
  • Lake $345,700
  • Illinois $263,300
  • United States $332,700
Typical monthly rent
  • Round Lake Beach $1,543
  • Lake $1,477
  • Illinois $1,274
  • United States $1,413
Typical yearly household income
  • Round Lake Beach $86,059
  • Lake $110,416
  • Illinois $83,390
  • United States $80,734
See the full table
Round Lake Beach next to Lake County and Illinois
Measure Round Lake Beach Lake County Illinois U.S.
Typical home value $199,200 $345,700 $263,300 $332,700
Typical monthly rent $1,543 $1,477 $1,274 $1,413
Typical yearly household income $86,059 $110,416 $83,390 $80,734
Households that own their home 79% 75% 67% 65%
Typical yearly property tax $5,765 $8,923 $5,298 $3,119
Effective property tax rate 2.89% 2.58% 2.01% 0.94%
Renters with high rent for their income 58% 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 Round Lake Beach

For a typical $199,200 home in Round Lake Beach, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Round Lake Beach's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,976a month

    Least cash to close
    Down payment
    $6,972
    Cash to close
    $12,948
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $88

  • Conventional, 5% down $1,939a month

    Down payment
    $9,960
    Cash to close
    $15,936
    Rate
    7.18%
    Mortgage insurance
    PMI · $95

  • Conventional, 20% down, no PMI $1,642a month

    Down payment
    $39,840
    Cash to close
    $45,816
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,826a month

    Down payment
    $29,880
    Cash to close
    $35,856
    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 Round Lake Beach and for Lake County.

Property tax

Effective rate in Round Lake Beach

2.89%of the home’s value each year

$5,765 a year for the typical owner in Round Lake Beach.

  • Round Lake Beach 2.89%
  • Lake 2.58%
  • Illinois 2.01%

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

Exemptions and deadlines in Illinois

Flood risk in Lake County

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

Homes in the high-risk zone
2%
4,579
Of those, with NFIP insurance
24%
County Illinois U.S.
Homes in the high-risk zone 2% 1.5% 3.5%
Of those, with NFIP insurance 24% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Round Lake Beach

Typical rent in Round Lake Beach is $1,543 a month: 4% above the county. In Round Lake Beach, 58% 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.

HUD fair market rent for all of Lake 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 Round Lake Beach

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Round Lake Beach is in ZIP code 60073.

For 2 bedrooms it is $2,150: $139 more than the fair market rent for Lake County ($2,011).

  • 60073 $2,150$2,760

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Round Lake Beach 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?

Low-income apartments

Low-income apartments in Round Lake Beach

HUD lists 2 buildings with rents for lower incomes in Round Lake Beach. These are the largest.

  • Cedar Villas 1959 N Cedar Lake Rd, Round Lake Beach 60073 202 low-income homes · For families (847) 546-1899
  • Beach Haven Tower 730 Golfview Dr, Round Lake Beach 60073 175 homes, 174 low-income · Run by Housing Authority of the County of Lake, IL. · Average payment: $391 a month · Average wait: 28 months (847) 223-1170

See all 67 buildings in Lake County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Round Lake Beach

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.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Round Lake Beach

No down payment, repair or rent-help program on our list is for Round Lake Beach or Lake County. The ones below are statewide in Illinois: they work in Round Lake Beach 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 Round Lake Beach

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

  • Community Partners for Affordable Housing

    800 S Milwaukee Ave Ste 201, Libertyville · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (847) 263-7478

  • Lake County Housing Authority

    22843 N Lakewood Ln, Lake Zurich · 12 miles away

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

  • Restoration America, Inc.

    101 N Main St Ste 14, Crystal Lake · 15 miles away · Spanish

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

Every agency in Lake County All counseling agencies in Illinois

Help in Spanish near Round Lake Beach

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 Round Lake Beach

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

  • Housing Authority of the County of Lake, IL. Public housing and Section 8 vouchers (847) 223-1170

2 other authorities have an office in Lake County: see the list Source: HUD

Cities

Other cities in Lake County

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

Everything about Lake County Housing in Illinois
See 20 more cities in Lake County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Round Lake Beach, with the typical home value.

Neighboring counties

If Lake 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 Round Lake Beach.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Round Lake Beach

Short answers with the numbers for Round Lake Beach 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 Round Lake Beach?

The typical home value in Round Lake Beach is $199,200, 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 Round Lake Beach?

Typical rent in Round Lake Beach is $1,543 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 Round Lake Beach?

Round Lake Beach 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 Round Lake Beach?

The typical homeowner in Round Lake Beach pays $5,765 a year, according to the U.S. Census Bureau. That is 2.89% of the home’s value; in Lake County, the rate is 2.58%.

Where can I find free help to buy or rent in Round Lake Beach?

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.

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).