Grayslake, IL rental market

What is the average rent in Grayslake, IL?

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Last updated November 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Grayslake, IL is $2,500.

Average rent

$2,500

Month-over-monthMoM change

+$150

Year-over-yearYoY change

-$45

Available rentals

18

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,248 to $10,400.

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Rent frequencies
Rent priceNumber of rental properties
$1,3002
$1,5001
$1,6001
$1,7002
$1,9001
$2,2001
$2,4001
$2,5004
$2,6001
$2,7001
$2,8001
$2,9003
$3,0001
$5,000+2

Average rent price over time

In the last year, rent has decreased by $45 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,806$1,950
Feb$1,575$1,800
Mar$1,780$2,200
Apr$1,869$1,800
May$2,200$1,995
Jun$2,450$2,595
Jul$2,450$2,500
Aug$2,067$2,400
Sep$2,450$2,350
Oct$2,500$2,350
Nov$2,550$2,500
Dec$2,200No data

Market temperature

The Grayslake, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Grayslake, IL is 25% higher than the national average.

Grayslake, ILvs.
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$2,500

$2,000

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Frequently asked questions

1. What is the average rent in Grayslake, IL?

The average rent in Grayslake, IL is $2,500.

2. What is the average rent for a one-bedroom apartment in Grayslake, IL?

The average rent for a one-bedroom apartment in Grayslake, IL is $1,385 per month.

3. What is the average rent for a two-bedroom apartment in Grayslake, IL?

The average rent for a two-bedroom apartment in Grayslake, IL is $1,750 per month.

4. What is the average rent for a three-bedroom apartment in Grayslake, IL?

The average rent for a three-bedroom apartment in Grayslake, IL is $2,707 per month.

5. What is the average rent for a four-bedroom apartment in Grayslake, IL?

The average rent for a four-bedroom apartment in Grayslake, IL is $10,400 per month.

6. How much does it cost to rent a house in Grayslake, IL?

Houses in Grayslake, IL rent between $1,248 - $10,400 with an average rent of $2,500.

7. How has the rent in Grayslake, IL changed in the last year?

In the last year, the rent in Grayslake, IL decreased by $45

8. How much has the rent in Grayslake, IL increased/decreased in the last month?

In the last month, the rent in Grayslake, IL increased by $150

9. How many available rentals are there in Grayslake, IL?

There are currently 18 rentals available in Grayslake, IL.

10. How do rent prices in Grayslake, IL compare with the national average?

The average rent in Grayslake, IL is $2,500 — 25% higher the national average of $2,000.

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