What's the average rent in Lake Forest, IL?
Rental Market Trends in Lake Forest, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Lake Forest, IL is $5,100 per month, which is 160% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$5,100
2.5%$125 increase month-over-month
17.2%$750 increase year-over-year
AVAILABLE RENTALS
11
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,869 |
| 2 Bedrooms | $4,948 |
| 3 Bedrooms | $3,750 |
| 4 Bedrooms | $5,550 |
| All | $5,100 |
As of August 2026, the average rent for a 1 bedroom rental in Lake Forest, IL is $2,869 per month, followed by $4,948 for a 2 bedroom rental, $3,750 for a 3 bedroom rental, and $5,550 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $3,600 |
| 4 Bedrooms | — |
| All | $3,600 |
As of August 2026, the average rent for a 2 bedroom apartment in Lake Forest, IL is $2,100 per month, followed by $3,600 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,750 |
| 4 Bedrooms | $5,550 |
| All | $5,550 |
As of August 2026, the average rent for a 3 bedroom house in Lake Forest, IL is $3,750 per month, followed by $5,550 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +9% compared to the previous year, which is a +$394 increase.
This year (2026)
Last year (2025)
Rent distribution
50% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $3,600 to $25,000.
