What's the average rent in Grayslake, IL?
Rental Market Trends in Grayslake, IL
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Grayslake, IL is $2,733 per month, which is 39% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$2,733
9.4%$234 increase month-over-month
34.0%$693 increase year-over-year
AVAILABLE RENTALS
21
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Grayslake, IL at $1,850 per month, while houses are the most expensive at $3,000 per month. Townhomes average $2,733 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,485 |
| 2 Bedrooms | $2,183 |
| 3 Bedrooms | $2,871 |
| 4 Bedrooms | $3,500 |
| All | $2,733 |
As of August 2026, the average rent for a 1 bedroom rental in Grayslake, IL is $1,485 per month, followed by $2,183 for a 2 bedroom rental, $2,871 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,385 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $2,850 |
| 4 Bedrooms | $10,400 |
| All | $2,733 |
As of August 2026, the average rent for a 1 bedroom townhome in Grayslake, IL is $1,385 per month, followed by $2,300 for a 2 bedroom townhome, $2,850 for a 3 bedroom townhome, and $10,400 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $2,500 |
| 4 Bedrooms | — |
| All | $2,500 |
As of August 2026, the average rent for a 2 bedroom apartment in Grayslake, IL is $2,100 per month, followed by $2,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,850 |
| 4 Bedrooms | $3,500 |
| All | $3,000 |
As of August 2026, the average rent for a 3 bedroom house in Grayslake, IL is $2,850 per month, followed by $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +16% compared to the previous year, which is a +$333 increase.
This year (2026)
Last year (2025)
Rent distribution
57% of rentals have rent of $2,200-$2,999/month
Rental price range
The price range for rentals is $1,385 to $10,400.
