What's the average rent in Grayslake, IL?
Rental Market Trends in Grayslake, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Grayslake, IL is $2,400 per month, which is 23% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$2,400
-3.8%-$95 decrease month-over-month
0.0%No change year over year
AVAILABLE RENTALS
24
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Grayslake, IL at $1,528 per month, while houses are the most expensive at $3,078 per month. Townhomes average $2,585 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 | $1,900 |
| 3 Bedrooms | $2,695 |
| 4 Bedrooms | $3,350 |
| All | $2,400 |
As of September 2026, the average rent for a 1 bedroom rental in Grayslake, IL is $1,350 per month, followed by $1,900 for a 2 bedroom rental, $2,695 for a 3 bedroom rental, and $3,350 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $2,261 |
| 3 Bedrooms | $2,695 |
| 4 Bedrooms | — |
| All | $2,585 |
As of September 2026, the average rent for a 1 bedroom townhome in Grayslake, IL is $1,500 per month, followed by $2,261 for a 2 bedroom townhome, and $2,695 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,685 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,350 |
As of September 2026, the average rent for a 1 bedroom apartment in Grayslake, IL is $1,000 per month, followed by $1,685 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | $3,350 |
| All | $3,078 |
As of September 2026, the average rent for a 3 bedroom house in Grayslake, IL is $2,700 per month, followed by $3,350 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -4% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)
Rent distribution
38% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $850 to $3,350.