Apartments For Rent in Forest Lake, IL

2 rentals

Apartments For Rent Near Forest Lake, IL

We found 30 more apartments matching your filters just outside Forest Lake

What Locals Say about Forest Lake

  • Rebeccall
    "you need a car to get around and its a pain to get thru long grove snd deer park. takes forever to go a few miles. too much traffic on local 2 lane roads."
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  • Retrotimeworks
    "Living in a lake neighborhood is relaxing and fells like vacationing. Property tax is low for the area since we're unincorporated. "
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Average Rent Trends in Forest Lake, IL

Rent in Forest Lake, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jan 2025$2,300
Feb 2025$2,890
Mar 2025$2,500
Jul 2025$3,500
Aug 2025$2,360
Sep 2025$3,300
Oct 2025$2,600
Nov 2025$2,950
Dec 2025$2,400
Mar 2026$1,700
Apr 2026$2,400
May 2026$2,650
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,700$3,350—$1,700
Apartments and Condos—$1,700——$1,700
Houses—$2,650——$2,650
See more information about local market trends in Forest Lake, IL

Frequently Asked Questions about Rentals in Forest Lake, IL

  • What is the average rent of an apartment in Forest Lake, IL?
    The average rent of an apartment in Forest Lake, IL is $1,700 per month. This is about 12% lower than the national average.
  • What is the average rent of a house in Forest Lake, IL?
    The average rent of a house in Forest Lake, IL is $2,650 per month. This is about 37% higher than the national average.
  • When is the average rent cheapest in Forest Lake, IL?
    In the last year, the average rent in Forest Lake, IL was lowest in Jan 2025 when it was $2,300 per month.
  • When is the average rent most expensive in Forest Lake, IL?
    In the last year, the average rent in Forest Lake, IL was highest in Jul 2025 when it was $3,500 per month.
  • How many available rental listings are in Forest Lake, IL?
    There are 1 available rental listings in Forest Lake, IL.
  • What are some cities near Forest Lake, IL?
    Some nearby cities include: Hawthorn Woods, Kildeer, Lake Zurich, Long Grove, Deer Park. These cities may have more rental options to explore.