What's the average rent in Grayslake, IL?

Rental Market Trends in Grayslake, IL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Grayslake, IL is $2,595 per month, which is 33% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,595

18.0%$395 increase month-over-month

-3.9%-$105 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,489

HOUSES

$3,600

TOWNHOUSES

$2,700

As of June 2026, apartments are the most affordable rental option in Grayslake, IL at $1,489 per month, while houses are the most expensive at $3,600 per month. Townhomes average $2,700 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,480
2 Bedrooms	$2,200
3 Bedrooms	$2,790
4 Bedrooms	$4,050
All	$2,595

As of June 2026, the average rent for a 1 bedroom rental in Grayslake, IL is $1,480 per month, followed by $2,200 for a 2 bedroom rental, $2,790 for a 3 bedroom rental, and $4,050 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,250
3 Bedrooms	$2,850
4 Bedrooms	$10,400
All	$2,700

As of June 2026, the average rent for a 2 bedroom townhome in Grayslake, IL is $2,250 per month, followed by $2,850 for a 3 bedroom townhome, and $10,400 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,550
3 Bedrooms	$2,595
4 Bedrooms	—
All	$2,200

As of June 2026, the average rent for a 1 bedroom apartment in Grayslake, IL is $1,350 per month, followed by $1,550 for a 2 bedroom apartment, and $2,595 for a 3 bedroom apartment.