What's the average rent in Grayslake, IL?

Rental Market Trends in Grayslake, IL

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Grayslake, IL is $2,250 per month, which is 16% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,250

7.1%$150 increase month-over-month

-11.8%-$300 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,657

HOUSES

$3,100

TOWNHOUSES

$2,600

As of November 2026, apartments are the most affordable rental option in Grayslake, IL at $1,657 per month, while houses are the most expensive at $3,100 per month. Townhomes average $2,600 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,745
3 Bedrooms	$2,600
4 Bedrooms	$3,100
All	$2,250

As of November 2026, the average rent for a 1 bedroom rental in Grayslake, IL is $1,350 per month, followed by $1,745 for a 2 bedroom rental, $2,600 for a 3 bedroom rental, and $3,100 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,250
3 Bedrooms	$2,600
4 Bedrooms	$10,400
All	$2,600

As of November 2026, the average rent for a 2 bedroom townhome in Grayslake, IL is $2,250 per month, followed by $2,600 for a 3 bedroom townhome, and $10,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,700
3 Bedrooms	$2,595
4 Bedrooms	—
All	$1,685

As of November 2026, the average rent for a 1 bedroom apartment in Grayslake, IL is $1,350 per month, followed by $1,700 for a 2 bedroom apartment, and $2,595 for a 3 bedroom apartment.