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 May 2026, the average rent in Lake Forest, IL is $4,300 per month, which is 125% higher than the national average rent of $1,910 per month.
AVERAGE RENT
$4,300
14.7%$551 increase month-over-month
4.9%$200 increase year-over-year
AVAILABLE RENTALS
11
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $5,700 |
| 4 Bedrooms | $6,500 |
| All | $4,500 |
As of May 2026, the average rent for a 1 bedroom rental in Lake Forest, IL is $2,000 per month, followed by $2,200 for a 2 bedroom rental, $5,700 for a 3 bedroom rental, and $6,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,000 |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | $5,500 |
| 4 Bedrooms | — |
| All | $2,100 |
As of May 2026, the average rent for a 1 bedroom apartment in Lake Forest, IL is $2,000 per month, followed by $2,100 for a 2 bedroom apartment, and $5,500 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $3,200 |
| 3 Bedrooms | $3,950 |
| 4 Bedrooms | $6,500 |
| All | $4,975 |
As of May 2026, the average rent for a 2 bedroom house in Lake Forest, IL is $3,200 per month, followed by $3,950 for a 3 bedroom house, and $6,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +4% compared to the previous year, which is a +$175 increase.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,650 to $12,500.
