Last updated on August 1, 2026

Average rent in
Lake Forest, IL

Median rent

Median rent in Lake Forest

$2,630/mo

decreased by43%

vs previous year

The average rent in Lake Forest is $2,630 per month as of July 2026. This is 36% above the national average rent, or $700 more per month.

$1.50

average price per square foot

Total rentals

Available rentals in Lake Forest

15

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Lake Forest rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Lake Forest, IL

Average rent prices in Lake Forest have remained the same over the last month and have decreased by 43% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Lake Forest, IL

Rent prices in Lake Forest vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Lake Forest is $2,442, whereas a house costs $3,600. 1-bedroom apartments in Lake Forest run $2,100 on average.

Listings

Studio

$2,061

No Change

-

1 bedroom

$2,180

5%

No Change

2 bedroom

$2,600

15%

27%

3 bedroom

$3,295

8%

31%

4 bedroom

$4,200

4%

39%

Studio

Average rent

$2,061

1 bedroom

Average rent

$2,180

Last 30 days

5%

2 bedroom

Average rent

$2,600

Last 30 days

15%

Last year

27%

3 bedroom

Average rent

$3,295

Last 30 days

8%

Last year

31%

4 bedroom

Average rent

$4,200

Last 30 days

4%

Last year

39%

The table above reflects average rent prices in Lake Forest, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Lake Forest, IL compare to other cities?

Compare median rent prices in Lake Forest and Deerfield by all bedroom counts and property types.

Lake Forest

Median rent price$2,630
increased by36%

higher than the national median

Median rent price$2,594
increased by34%

higher than the national median

Takeaway

The median rent for all rentals in Lake Forest, IL is 1% higher than the median rent in Deerfield, IL.

Discover rentals in Lake Forest, IL

40 S Maywood Rd #40 - Photo 1 of 1

5d+ ago

House for rent in Lake Forest

SINGLE_FAMILY - Lake Forest, IL

40 S Maywood Rd #40, Lake Forest, IL 60045

3 beds

1.5 baths

$3,600

House for rent

745 Greenview Pl - Photo 1 of 1

5d+ ago

House for rent in Lake Forest

SINGLE_FAMILY - Lake Forest, IL

745 Greenview Pl, Lake Forest, IL 60045

3 beds

1.5 baths

$3,850

House for rent

47 W Stone Ave - Photo 1 of 1

4d ago

House for rent in Lake Forest

SINGLE_FAMILY - Lake Forest, IL

47 W Stone Ave, Lake Forest, IL 60045

4 beds

2.5 baths

$4,800

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Lake Forest, IL

Quick answers to common questions about the Lake Forest rental market.

How much is rent in Lake Forest?

The average rent in Lake Forest is $2,630 per month as of July 25, 2026.

Is rent up or down in Lake Forest?

Average rent prices in Lake Forest have remained the same over the last month and have decreased by 43% since last year.

How does Lake Forest rent compare to the national average?

Rent in Lake Forest is 36% above the national average, which means renters are paying approximately $700 more per month.

What salary do I need to afford rent in Lake Forest?

To comfortably afford rent in Lake Forest, you'd need to earn approximately $105,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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