Median Age
41 Years
Largest Age Group
50-59 Years
Approximately 15% of Residents
Under 20
24%
Over 65
17%
Avg Rent
$1,537
Population
8,091
Renter Mix
26% Rent
Lake Villa is a small village in Lake County, Illinois, about 50 miles north of Chicago, where glacially formed lakes set the tone for everyday life. Cedar Lake, Deep Lake, and the wider Chain O'Lakes system give the area a distinctly water-forward character that traces back to the late 1800s, when the village first drew visitors as a lakeside resort. That history has left its mark on the older streets, where brick and frame homes reflect classic Midwestern residential architecture alongside newer subdivisions built close to the water.
The village sits within one of the Chicago metro area's most economically active counties, giving residents access to strong employment corridors without sacrificing a quieter pace. The College of Lake County and Great Lakes Naval Training Center are both within a short drive, adding educational and economic depth to the area. For renters, the housing mix includes apartment communities set among wooded surroundings, townhome-style rentals with attached garages, and smaller multi-family buildings that keep the scale intimate.
The Metra North Central Service line connects the village directly to Chicago, making it a practical base for commuters who want breathing room. Every Fourth of July, residents gather around Petite Lake for a celebration that reflects just how tightly knit this community remains.
The downtown area serves as the community center for Lake Villa.
Lake Villa's Lehmann Park features a clock monument, fields, a playground, and a beach.
Single story homes of various styles sit peacefully in Lake Villa's more secluded neighborhoods.
Boat rentals are available for Lake Villa visitors and locals alike.
Duck Farm Dog Park is a popular place on nice days in Lake Villa.
Petite Lake residents are known to hang out at the sandbar.
Median Household Income
$101,477
Average: $121,498
Education
2,512
Residents Have a Degree
Job Market
4,536
Workers Employed
Median Age
41 Years
Largest Age Group
50-59 Years
Approximately 15% of Residents
Under 20
24%
Over 65
17%
Housing Distribution
Lake Villa has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of August 2026, the average apartment rent in Lake Villa, IL is $1,537 for one bedroom, $1,834 for two bedrooms, and $1,580 for three bedrooms. Apartment rent in Lake Villa has increased by 0.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Lake Villa, IL is for everyday living.
Somewhat Walkable
Walkability
Some Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
529 Students
Public
Grades PK-5
479 Students
Public
Grades PK-5
501 Students
Joseph J Pleviak Elementary School
Public
Grades K-6
486 Students
Public
Grades K-5
368 Students
Public
Grades 6-8
801 Students
Public
Grades 9-12
1,268 Students
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.