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 September 2026, the average rent in Lake Forest, IL is $3,990 per month, which is 105% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$3,990
-23.7%-$1,240 decrease month-over-month
6.4%$240 increase year-over-year
AVAILABLE RENTALS
15
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, townhomes are the most affordable rental option in Lake Forest, IL at $3,990 per month, while houses are the most expensive at $9,000 per month. Apartments average $4,119 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,500 |
| 2 Bedrooms | $4,765 |
| 3 Bedrooms | $3,990 |
| 4 Bedrooms | $9,000 |
| All | $3,990 |
As of September 2026, the average rent for a 1 bedroom rental in Lake Forest, IL is $2,500 per month, followed by $4,765 for a 2 bedroom rental, $3,990 for a 3 bedroom rental, and $9,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,990 |
| 4 Bedrooms | — |
| All | $3,990 |
As of September 2026, the average rent for a 3 bedroom townhome in Lake Forest, IL is $3,990 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,500 |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $2,300 |
| 4 Bedrooms | — |
| All | $2,500 |
As of September 2026, the average rent for a 1 bedroom apartment in Lake Forest, IL is $2,500 per month, followed by $2,000 for a 2 bedroom apartment, and $2,300 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,750 |
| 4 Bedrooms | $9,000 |
| All | $9,000 |
As of September 2026, the average rent for a 3 bedroom house in Lake Forest, IL is $3,750 per month, followed by $9,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +19% compared to the previous year, which is a +$777 increase.
This year (2026)
Last year (2025)
Rent distribution
24% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,700 to $25,000.
