Key takeaways for Lindenhurst owners
- Median rent in Lindenhurst rose about 35% over the past four and a half years, climbing from roughly $1,850 in early 2022 to about $2,500 in recent months.
- The typical Lindenhurst rental closed at about $2,325 over the full period, with recent leases running closer to $2,500.
- Lindenhurst homes rent for roughly the same total rent as the Lake County median while offering about 13% more space, so the rent per square foot is about 14% lower than the county.
- About 35% of Lindenhurst rental listings were canceled or expired without recording a lease, a reminder that pricing a home correctly out of the gate matters, since well-priced rentals here lease in about 15 days.
About Lindenhurst, IL
Lindenhurst is a village of about 14,400 residents in central Lake County, just west of Gurnee. The community is known for its parks, with more than 20 parks, the Falling Waters Trail, and access to Lake County Forest Preserves including the Fourth Lake Fen. Families are served by well-regarded Lake County public schools across the Lake Villa and Millburn elementary districts. Major regional employers such as Advocate Condell Medical Center and Abbott Laboratories are a short drive away, with additional employment hubs in nearby Gurnee and Libertyville. The housing stock is a mix of single-family homes and attached townhomes.
Lindenhurst rent trends, 2022 to 2026
Median rent in Lindenhurst climbed from about $1,850 in early 2022 to about $2,500 in mid-2026, a gain of about 35% over the four-and-a-half-year window. Rent moved higher in every full year of the period, and the largest single-year step came in 2025. Month-to-month figures bounce around because Lindenhurst is a smaller market with a handful of closings per month, so the chart below smooths the village line with a three-month rolling median to make the trend readable.
Figure 1. Median monthly rent, Lindenhurst vs Lake County. Source, MRED MLS Grid.
The overall direction is steady and upward. For most of the window Lindenhurst rents tracked at or above the broader Lake County market, and the gap has held in the most recent stretch. The takeaway for owners is that asking rents that felt aggressive two or three years ago are now closer to the going rate. Lindenhurst also lands among the most renter-friendly suburbs in Lake County, which helps explain why well-kept homes lease quickly.
⚖️ Lindenhurst vs Lake County
Here is how Lindenhurst compares to the Lake County rental market over the same period.
Metric | Lindenhurst | Lake County | Difference |
Median rent | $2,325 | $2,350 | -1% |
Median days on market | 15 | 20 | -5 days |
Median home size | 1,620 sqft | 1,434 sqft | +13% |
Rent per sqft | $1.44 | $1.67 | -14% |
Sample size | 116 | 7,322 | 1.6% of county |
Lindenhurst rents land within about 1% of the county median, so on a total-rent basis the village is squarely in line with Lake County as a whole. The story shows up in the size and per-foot numbers. A typical Lindenhurst rental is about 1,620 square feet, roughly 13% larger than the county median, and rent per square foot runs about $1.44 against the county's $1.67. The rent gap comes almost entirely from square footage, since Lindenhurst tenants get more space for a similar monthly check. Homes also lease quickly here, with a median of 15 days on market against 20 across the county.
Detached vs attached homes
Lindenhurst has two rental segments. Detached single-family houses rented at a median of about $2,500, while attached townhomes and condos rented closer to $2,225, with the difference driven mainly by size. The detached sample over this window is small, so this report covers the Lindenhurst market as a whole and does not break out separate detached and attached analyses. Owners pricing a specific home should still benchmark against comparable homes of the same type and size.
What this means for Lindenhurst property owners
- Price to the per-square-foot benchmark. Lindenhurst rents for about $1.44 per square foot. A 1,600 square foot home points to roughly $2,300 in rent, and a 2,000 square foot home points to roughly $2,900. Start from the per-foot figure, then adjust for condition, layout, and home type.
- Lean on space as the selling point. Lindenhurst homes give renters more square footage than the county average for a similar total rent. Lead your listing with the room count and the square footage.
- Price right the first time. About a third of Lindenhurst listings were canceled or expired without recording a lease. Some of those homes rented through other channels or were pulled by their owners, but the figure shows that overpriced listings stall. Well-priced homes here move in about 15 days, and a few simple steps to get a rental rented fast keep that timeline short.
- Plan for vacancy cost. At a 15-day median time to lease, a well-priced Lindenhurst home sits empty for about half a month between tenants. On a $2,500 rental that is roughly $1,250 of lost rent, before turn costs, so accurate pricing and fast turnaround protect the bottom line.
❓ Frequently asked questions
What is the average rent in Lindenhurst, IL?
The typical (median) rental in Lindenhurst closed at about $2,325 over the past four and a half years, with recent leases running closer to $2,500. Rent varies with home size, since the village median works out to about $1.44 per square foot.
How long does it take to rent a home in Lindenhurst?
The median Lindenhurst rental leased in about 15 days, which is roughly five days faster than the Lake County median of 20 days. Well-priced, well-presented homes move quickly here.
Is Lindenhurst a good market for rental investment?
Lindenhurst rents grew about 35% over the past four and a half years and homes lease faster than the county average, both signs of healthy demand. The lower rent per square foot also means tenants see good value, which supports retention. As with any market, returns depend on the specific home and purchase price.
Why do some Lindenhurst rentals sit unrented?
About 35% of listings over the window were canceled or expired without a recorded lease. The most common reason is pricing above what the market will bear. Because well-priced homes lease in about 15 days, a listing that lingers is usually a pricing or presentation signal worth acting on early.
Who manages rental properties in Lindenhurst, IL?
Cruise Property Management offers full-service property management for Lindenhurst owners. Visit our Lindenhurst property management page for details.
Methodology. Data source, MRED MLS Grid. Lindenhurst closed residential lease transactions, January 2022 to June 2026. The data window runs about four and a half years because earlier records were not available, so the figures cover that shorter period. Market figures (rent, days on market, size, rent per square foot) count closed leases only. Canceled and expired listings are excluded from those figures because their list price shows the asking rent only, which can differ from the rent a tenant actually paid, and are used only for the share-of-listings-that-did-not-rent figure. Sample size supports overall and annual figures only. Monthly and seasonal breakdowns are omitted because the monthly sample is too small to be reliable. The Lake County comparison includes all closed Lake County, IL residential leases for the same period, expressed as the median of monthly medians. All figures are medians unless otherwise noted.
About the author
Soh Tanaka, founder of Cruise Property Management and a licensed Illinois real estate broker. Managing rental properties since 2008. Cruise Property Management specializes in Lake County, IL and serves owners and investors with full-service property management.
Curious about your Lindenhurst rental?
Cruise Property Management provides rental analysis and full-service management for Lindenhurst owners. Get in touch
