Last updated on October 30, 2026

Average rent in
Lake Forest, IL

Median rent

Median rent in Lake Forest

$3,750/mo

decreased by12%

vs previous year

The average rent in Lake Forest is $3,750 per month as of October 2026. This is 97% above the national average rent, or $1,850 more per month.

$1.76

average price per square foot

Total rentals

Available rentals in Lake Forest

13

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Lake Forest rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Lake Forest, IL, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Lake Forest, IL

Average rent prices in Lake Forest have decreased by 15% over the last month and have decreased by 12% 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 $3,200, whereas a house costs $3,725. 1-bedroom apartments in Lake Forest run $2,250 on average, while 2-bedroom apartments are $2,855.

Listings

Studio

$1,805

No Change

1%

1 bedroom

$2,100

6%

No Change

2 bedroom

$2,775

2%

30%

3 bedroom

$3,725

5%

5%

4 bedroom

$4,100

No Change

37%

Studio

Average rent

$1,805

Last year

1%

1 bedroom

Average rent

$2,100

Last 30 days

6%

2 bedroom

Average rent

$2,775

Last 30 days

2%

Last year

30%

3 bedroom

Average rent

$3,725

Last 30 days

5%

Last year

5%

4 bedroom

Average rent

$4,100

Last year

37%

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$3,750
increased by97%

higher than the national median

Median rent price$2,572
increased by35%

higher than the national median

Takeaway

The median rent for all rentals in Lake Forest, IL is 46% higher than the median rent in Deerfield, IL.

Discover rentals in Lake Forest, IL

4 S June Ter #1 - Photo 1 of 1

5d+ ago

House for rent in Lake Forest

Residential Lease, Lake Forest, IL

4 S June Ter #1, Lake Forest, IL 60045

2 beds

1 bath

$1,950

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
580 N Bank Ln #20 - Photo 1 of 1

5d+ ago

Apartment for rent in Lake Forest

Spacious 2 bed 1 bath in Lake Forest Available NOW

580 N Bank Ln #20, Lake Forest, IL 60045

2 beds

1 bath

$1,950

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
333 Scott St - Photo 1 of 1

5d+ ago

Apartment for rent in Lake Forest

Residential Lease, Lake Forest, IL

333 Scott St, Lake Forest, IL 60045

3 beds

2.5 baths

$3,600

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
587 Ivy Ct - Photo 1 of 1

5d+ ago

Townhouse for rent in Lake Forest

Residential Lease, Lake Forest, IL

587 Ivy Ct, Lake Forest, IL 60045

3 beds

2 baths

$3,750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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 $3,750 per month as of October 24, 2026.

Is rent up or down in Lake Forest?

Average rent prices in Lake Forest have decreased by 15% over the last month and have decreased by 12% since last year.

How does Lake Forest rent compare to the national average?

Rent in Lake Forest is 97% above the national average, which means renters are paying approximately $1,850 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 $150,000/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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