Apartments For Rent in Lake Forest, IL

13 rentals

Apartments For Rent Near Lake Forest, IL

We found 29 more apartments matching your filters just outside Lake Forest

What Locals Say about Lake Forest

  • Cathtob
    "Lots of other dog owners and free poop bags provided in the parks. Plus, Openlands allows dogs off leash "
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  • Clay Cannady
    "Dog owners are in the majority, they are generally respectful and the dogs are most welcome. There are few if any incidents, owners take responsibility, and outdoor access plays an important part."
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  • Trulia User
    "Lots of dogs live here and everyone picks up after their animals and it’s very well kept. Great place!"
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  • Pamgem62
    "Dog walkers are frequently on Green Bay but people without dogs are wary. Not everyone says “Hello” but feel safe on road. "
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  • Ekmillerlaw
    "I’ve been in Lake Forest for over 30 years. Wonderful community, my kids got great educations, safe and beautifully cared for."
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  • Bbalais
    "I’ve lived in this neighborhood for a year and it’s been great. Close to the Metra so it’s easy to get downtown. The people are friendly and it’s a cute little town. I love the beach, the parks and the bike trail."
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  • Jimmy
    "Its a really clean neighborhood. It’s a nice safe neighborhood to walk around but it’s so expensive to live there."
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  • Jk
    "My neighborhood in Lake Forest is very friendly, very quiet, lots of trees and grass and other green spaces."
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  • Steve M. .
    "I’ve list in the neighborhood 26 years and walked the dogs every day, met many friendly people . The trees and landscaping in the area are beautiful "
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  • Catherinemary924
    "Lake Forest is a dream town to live in. The schools and activities are excellent. The only downside is that one must have a lot of money to buy a home here, and children can be overly indulged. The town is beautiful and safe, but it does not have much diversity. Education and sports are top priorities."
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  • Catherinemary924
    "Tree lighting in Market Square, Lake Forest Day, parade, flags line street for every holiday, music in the square, Bonfire and Bagpipes, many others."
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  • Lydia C.
    "Lake Forest has open access to nature including the beach at Lake Michigan and Open Lands as well as Maureen trees."
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  • Lakeforestmama
    "4th of July celebration, annual Christmas tree / downtown holiday lighting, beautiful lake front, quaint downtown and independent shops"
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  • Steve M.
    "Everyone talks to the dog walkers. This help create a real neighborhood. Plus it’s good exercise for both the dog and the owner "
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  • Steve M.
    "This is the most dog friendly neighborhood in our town. Neighbors stop and talk to us whenever we walk our dog "
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  • Steve M.
    "20 makes minute drive to the small town where I have a store, a pleasant drive with winding streets , forests of trees and historic architecture "
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  • Zma453
    "Not too many from outside the neighborhood come into the town. Retail surrounds the area keeping traffic out. "
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  • Sogilmore
    "Lake front park, large lots, old growth tree lines streets , clean bucolic neighborhood, great schools "
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  • Lydia C.
    "The abundance of beautiful trees and the close proximity to Lake Michigan make Lake Forest a special place to call home."
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Average Rent Trends in Lake Forest, IL

Rent in Lake Forest, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jun 2025$4,500
Jul 2025$4,417
Aug 2025$4,605
Sep 2025$4,000
Oct 2025$3,750
Nov 2025$4,255
Dec 2025$4,100
Jan 2026$4,100
Feb 2026$4,279
Mar 2026$4,950
Apr 2026$4,975
May 2026$3,200
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$2,000$2,200$5,700$6,500$4,500
Apartments and Condos$2,000$2,100$5,500—$2,100
Houses—$3,500$3,950$6,500$4,975
See more information about local market trends in Lake Forest, IL

Frequently Asked Questions about Rentals in Lake Forest, IL

  • What is the average rent of an apartment in Lake Forest, IL?
    The average rent of an apartment in Lake Forest, IL is $4,044 per month. This is about 110% higher than the national average.
  • What is the average rent of a house in Lake Forest, IL?
    The average rent of a house in Lake Forest, IL is $4,975 per month. This is about 158% higher than the national average.
  • When is the average rent cheapest in Lake Forest, IL?
    In the last year, the average rent in Lake Forest, IL was lowest in Oct 2025 when it was $3,750 per month.
  • When is the average rent most expensive in Lake Forest, IL?
    In the last year, the average rent in Lake Forest, IL was highest in Jan 2025 when it was $4,950 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Lake Forest, IL?
    The average rent of a 1 bedroom apartment in Lake Forest, IL is $2,000 per month. That is about $350 more than the cost of a studio apartment.
  • How many available rental listings are in Lake Forest, IL?
    There are 17 available rental listings in Lake Forest, IL.
  • What are some zip codes in Lake Forest, IL?
    Lake Forest, IL includes zip codes such as: 60045, 60037.
  • What are some cities near Lake Forest, IL?
    Some nearby cities include: Mettawa, Bannockburn, Lake Bluff, Fort Sheridan, Highwood. These cities may have more rental options to explore.