What's the average rent in Grayslake, IL?

Rental Market Trends in Grayslake, IL

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

$1,528

HOUSES

$3,078

TOWNHOUSES

$2,585
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 typeAverage 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.

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.
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