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$1,375 - $1,3951 Bedroom Apartments Available Jun 10
Moore Court Apartments
230 Moore CtGrayslake, IL 60030
Cheap Apartments for Rent in Grayslake, IL from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Grayslake.
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$1,425 - $1,9251 to 2 Bedroom Apartments Contact Us For Availability
Royal Oak Condos & Willows of Greys Lake
33601 N Royal Oak LnGrayslake, IL 60030
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$1,475 - $1,4851 to 2 Bedroom Apartments Available Now
Brittany Square
720 Brittany SqGrayslake, IL 60030
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$1,500 - $2,5002 Bedroom Apartments Available Now
Grays Pointe Apartments
1900 Country DrGrayslake, IL 60030
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1 Bedroom Apartments
Grayslake Apartments
325-365 Neville DrGrayslake, IL 60030
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1 to 2 Bedroom Apartments
Glen Street Apartments
145 Glen StGrayslake, IL 60030
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2 Bedroom Apartments
84 W Belvidere Rd
84 W Belvidere RdGrayslake, IL 60030
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,100 - $1,2571 to 3 Bedroom Apartments Available Now
Rosewood Round Lake
216 W Forest AveRound Lake, IL 60073
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$1,3251 Bedroom Apartments Available Now
534 E Washington St
534 E Washington StRound Lake Park, IL 60073
126 W Washington St, Unit 324
126 W Washington St
Round LakeIL60073
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$1,460 - $1,7501 to 2 Bedroom Apartments Contact Us For Availability
Mallard Ridge
140 Dittmer LnLindenhurst, IL 60046
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$1,505 - $1,7901 to 2 Bedroom Apartments Available Now
Water's Edge Apartments
712 Waters Edge DrLake Villa, IL 60046
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$1,665 - $2,067
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 29Total Monthly Price
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$1,665 - $2,067
Total Monthly Price
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Grand Oaks
36021-36151 N Grand Oaks CtGurnee, IL 60031
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1 to 2 Bedroom Apartments
Lakeside Apartments
1355 W Maple AveMundelein, IL 60060
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
6175 W Grand Ave
GurneeIL60031
129 Cedar Ave
Lake VillaIL60046
1506 Spring Brook Ct
Round Lake BeachIL60073
2843 Falling Waters Dr
LindenhurstIL60046
389 Meadow Green Ln
Round Lake BeachIL60073
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1 to 2 Bedroom Apartments
The Sanctuary of Lake Villa
851 Sanctuary DrLake Villa, IL 60046
708 S Cedarwood Cir
Round Lake HeightsIL60073
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
426 Alpine Dr
Round LakeIL60073
Showing Results 1-22, Page 1 of 1
Grayslake, IL Local Guide
How much does it cost to rent an apartment in Grayslake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayslake 1 Bedroom Apartments | $1,447 | $1,100 | $1,650 |
| Grayslake 2 Bedroom Apartments | $1,731 | $1,244 | $2,060 |
| Grayslake 3 Bedroom Apartments | $1,257 | $1,257 | $1,257 |
| Grayslake 4 Bedroom Apartments | $3,290 | $3,290 | $3,290 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Grayslake
See all Apartments in GrayslakeExplore Grayslake
Grayslake, IL Local Guide
- Grayslake Neighborhoods
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Cheapest Neighborhoods for Apartments in Grayslake, IL
Pricing Updated: 06/08/2026Current apartment rentals in the Grayslake, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Grayslake Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wildwood on Gages Lake | $2,189 | $1,425 | 10 |
Cheapest Available Grayslake Apartments for Rent
The cheapest available apartment rental in Grayslake, IL is a 2 Beds unit found at Rosewood Round Lake priced from $1,244. 534 E Washington St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Grayslake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1,325 |
| Brittany Square | 1 Bedroom | 1BR,1BA | $1,475 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $1,505 |
Best Value Apartments for Rent in Grayslake, IL
As of June 08, 2026 the best value apartment in the Grayslake area is the $1.61 price per square foot Two Bedroom One Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $1,960. The second greatest value Grayslake apartment is the 2 Bedroom Platinum Model at Grays Pointe Apartments starting at $1,500 with a $1.56 price per square foot in the Wildwood on Gages Lake neighborhood. Here is today’s list of the best values for Grayslake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Sanctuary of Lake Villa | Two Bedroom One Bath | 2BR,1BA | $1.61 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Brittany Square | 1 Bedroom | 1BR,1BA | $1.97 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $2.15 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1.89 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Grayslake, IL
Meadowview School
Grayslake Central Consolidated School District 46
Public School - Grades K-5 (354)
10 out of 10
Grayslake Central High School
Grayslake Chsd 127 School District
Public School - Grades 9-12 (1320)
9 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grayslake, IL Rentals by Map
See the most popular apartments and homes in Grayslake, IL
Frequently Asked Questions about Cheap Grayslake Apartments
How much is rent for a Cheap One Bedroom Grayslake Apartment?
The lowest price for a Cheap One Bedroom Grayslake Apartment is $1,325 at 534 E Washington St.
What is the lowest price for a Cheap Two Bedroom Grayslake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grayslake is starting from $1,244 at Rosewood Round Lake.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.