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Rental Market Trends in Grayslake, IL

What is the average rent in Grayslake, IL?Choose another area

The average rent in Grayslake, IL, as of July 2025, is approximately $2279 per month for all property types. Rent prices can vary depending on the neighborhood and the type of rental property. Rent prices are influenced by factors like neighborhood popularity, proximity to amenities, and the overall housing market trends in the city.

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Market summary

Data is based on rental rates on sulekha.com. Last updated in July  2025.

Average Rental Price Over Time

How much has the average rent changed in Grayslake, IL?

The average rent for all bedrooms and all property types is $2279,which is 0% increase compared to the previous year.

  • 2023
  • 2024

Occupied Housing Units in Grayslake, IL

Property

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    Grayslake, ILvs
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    $2279

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    Neighborhoods Average rent

    Armour Square, IL

    $1933

    Avondale, IL

    $1713

    Albany Park, IL

    $1583

    Archer Heights, IL

    $1350

    Brighton Park, IL

    $1350
    FAQs

    Answers to Your Rental Questions

    We've got answers to your most common questions about rentals, from property listings to pricing trends and everything in between.
    • What is the average rent in Grayslake, IL?

      The average rent in Grayslake, IL is around $2279 per month. However, this can vary depending on the neighborhood, the size of the rental unit, and the property's condition. For example, rents are typically higher in desirable areas close to amenities and popular destinations. Larger apartments or homes with multiple bedrooms or modern amenities can also be more expensive. Keep these factors in mind when searching for a rental in Grayslake, IL.

    • How many rentals are available in Grayslake, IL?

      Currently, there are 32 rental properties available in Grayslake, IL. This includes a variety of options such as apartments, condos, town homes, single-family homes, single rooms, shared rooms and pg accommodations catering to different budgets and preferences. So, if you're looking for a place to rent in Grayslake, IL, you have plenty of choices to explore!

    • What are the best neighborhoods to rent in Grayslake, IL?

      If you're looking for budget-friendly neighborhoods in Grayslake, IL, consider these options:

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      These neighborhoods offer rental rates lower than the city's overall average, making them attractive options for renters.

    • What are the most affordable neighborhoods in Grayslake, IL?

      The most expensive neighborhoods in Grayslake, IL are:

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    • How much has the average rent changed in Grayslake, IL?

      Over the past year, the average rent in Grayslake, IL have increased by approximately 0%, which translates to $189 per month. This change reflects shifting market trends and evolving housing demand in the area, impacting renters' costs and affordability.

    • How much has the rent in Grayslake, IL increased or decreased in the last month?

      The Average rent price in Grayslake, IL for July 2025 is $2279, which is $148 less than in June.

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