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Newest Home for Rent in Hainesville, IL

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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

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 8.0, 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