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Apartments in Grayslake

1 - 7 of 7 Results
10
$1,140 - 1,450
Brittany Square
720 Brittany Square Grayslake, IL
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
14
$1,600
84 W Belvidere Rd
Grayslake, IL
2 BR | May. 15, 2024
Contact
Dog Friendly
Cat Friendly
Storage
8
$1,250
219 Center St
Grayslake, IL
1 BR | Available Now
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Storage
Disability Access
8
$3,190
1518 Albany St
Grayslake, IL
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
2
$1,350
274 S Lake St
Grayslake, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
10
$2,195
32857 N Alleghany Rd
Grayslake, IL
3 BR | Available Now
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Dog Friendly
House
2
Call for Pricing
100 N Atkinson Rd
Grayslake, IL
Studio | Available Now
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Dog Friendly
Cat Friendly
1 - 7 of 7 Results
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How much does it cost to rent an apartment in Grayslake?

Grayslake Apartments
Bed Type Average Rent Range
1BR $1,150 $1,140 - $1,350
2BR $1,530 $1,450 - $1,600
Frequently Asked Questions

How many apartments are available in Grayslake, IL on Rentable.co?

Rentable.co has over 132 apartments available in Grayslake.

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

The average rent for a one-bedroom apartment in Grayslake is around $1,150 per month.

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

The average rent for a two-bedroom apartment in Grayslake is around $1,530 per month.

How expensive is it to rent an apartment in Grayslake, IL?

For a two-bedroom apartment in Grayslake, the average rent price is $1,530 per month, which is similar to the national average of $1,620 per month.

Can I afford an apartment for rent in Grayslake, IL?

Based on average rent prices in Grayslake, to afford a one-bedroom apartment you would need an annual household income of $46,000 to live comfortably.

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Grayslake:
May Rent Report

Welcome to the May 2024 Grayslake Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Grayslake rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Grayslake and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Grayslake average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Grayslake Rent Prices Decrease From April to May

Grayslake rent prices decreased over the last month. From April to May, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Grayslake one-bedroom apartments currently stands at $1,150.0.

When we take a look at the two-bedroom comparison from April to May, Grayslake experienced a 1.25% increase for the price of a two-bedroom apartment. The rent price for a Grayslake two-bedroom apartments currently stands at $1,617.0.

May Prices: Grayslake vs. Surrounding Areas

Rent Prices in Grayslake and Surrounding Areas

Rent prices have decreased in Grayslake over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Grayslake suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Grayslake suburbs

  • Rents did not decrease in any of the Grayslake suburbs.

May 2024 Pricing Trends: Grayslake vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Grayslake Rent Prices More Affordable Than Major Cities

Rent growth in Grayslake over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Grayslake average rent prices appear to be relatively affordable for local residents.

The price for a Grayslake one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Grayslake and surrounding area rent prices, take a look at the complete data set below.

Data set for Grayslake and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Grayslake Apartments
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