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Hainesville, IL Home for Rent

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    Starting at $1,325 Per Month

    • 1 Bed

    534 E Washington St, Round Lake Park, IL 60073

    You can find us at 534 E Washington St, Round Lake Park, IL. In our units you’ll find an open floorplan, fresh renovations, walk-in closet and pantry, spacious kitchen, and new appliances. Our property has off street parking and an in-building laundry facility.

    534 E Washington St, Round Lake Park, IL 60073

Why Live in Hainesville

Hainesville, IL, is a quiet village situated nearly equidistant from Chicago and Milwaukee, each within 60 miles. Known as the oldest incorporated village in Lake County, Hainesville features modern homes built primarily in the late 1990s and early 2000s. The village offers a mix of new traditional homes, Colonial Revivals, and lakefront townhouses along sidewalk-lined streets. Yards are modest but well-maintained with mature trees and manicured gardens. The homes are generally more affordable compared to neighboring communities, with prices ranging from $182,000 to $382,000. Students attend highly rated schools in the Grayslake Community Consolidated School District, including Prairieview School and Grayslake Middle School. Hainesville residents enjoy proximity to scenic parks and natural areas such as Union Square Park and the Avon Baseball Complex. Cranberry Lake offers a 1-mile loop trail for walking or biking, while Round Lake provides sandy beaches, fishing, and kayaking opportunities. Dining options include local favorites like Bento Café and Max’s Pancake House, with additional eateries and breweries in nearby Grayslake. Route 120 runs through Hainesville, connecting residents to Lake Michigan in Waukegan, Chicago, and Milwaukee. Metra train stations in Round Lake and Grayslake offer convenient access to downtown Chicago, and United Hospital System is about 10 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Hainesville, IL?
The median rent for a home in Hainesville, IL is $2,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Hainesville, IL?
To comfortably afford the median rent in Hainesville, IL, a household needs to earn roughly $112,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,800 per month in Hainesville, IL, renters typically need to show $8,400 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hainesville, IL?
In Hainesville, IL, the price-to-rent ratio is 7.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Hainesville, IL are best for renting a home?
The best neighborhood for renting in Hainesville, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Lakemoor and South Libertyville, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,800
Median Single Family Home Rent
$2,500
Median Townhouse Rent
$2,800
How to Rent a Home