Cheap 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

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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
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
Jun 2026$2,650
Jul 2026$2,500
Aug 2026$4,100
Sep 2026$2,200
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$2,200$2,900—$2,900
Houses—$2,200$2,900—$2,900
See more information about local market trends in Forest Lake, IL

Frequently Asked Questions about Rentals in Forest Lake, IL

  • What are the cheapest months to find an apartment to rent in Forest Lake, IL?
    Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $2,300 per month.
  • How many cheap apartments are available in Forest Lake, IL?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $2,900.
  • 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.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en Forest Lake, IL - 9,689 Rentas | Trulia