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Cheap Apartments for Rent in Grayslake, IL from $700 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Grayslake.
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Rent Specials
from $1,5002 Bedroom Apartments Available Now
Grays Pointe Apartments
1900 Country DrGrayslake, IL 60030
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from $1,9751 to 2 Bedroom Apartments Available Sep 9
Savanna Ridge
18400 W IL Route 120Grayslake, IL 60030
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from $1,3001 to 2 Bedroom Apartments Available Now
Moore Court Apartments
230 Moore CtGrayslake, IL 60030
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1 to 2 Bedroom Apartments
Royal Oak Condos & Willows of Greys Lake
33601 N Royal Oak LnGrayslake, IL 60030
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $1,3501 to 2 Bedroom Apartments Contact Us For Availability
Mallard Ridge
140 Dittmer LnLindenhurst, IL 60046
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from $1,6401 to 3 Bedroom Apartments Available Aug 1
Grand Oaks
36021-36151 N Grand Oaks CtGurnee, IL 60031
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from $1,1001 Bedroom Apartments Contact Us For Availability
Rosewood Apartments
216 W Forest AveRound Lake, IL 60073
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-21, Page 1 of 1
Grayslake, IL Local Guide
Beige horse on ranch by Dmitri Yakovlev is licensed under Internal
How much does it cost to rent an apartment in Grayslake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayslake 1 Bedroom Apartments | $1,569 | $1,100 | $2,950 |
| Grayslake 2 Bedroom Apartments | $1,794 | $1,500 | $2,096 |
| Grayslake 3 Bedroom Apartments | $2,579 | $2,400 | $2,790 |
| Grayslake 4 Bedroom Apartments | $3,497 | $2,500 | $4,495 |
Browse Top Apartments in Grayslake
See all Apartments in GrayslakeExplore Grayslake
Grayslake, IL Local Guide
- Grayslake Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Grayslake, IL
Pricing Updated: 06/23/2025Current 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 | $3,497 | $1,300 | 11 |
Cheapest Available Grayslake Apartments for Rent
The cheapest available apartment rental in Grayslake, IL is a 1 Bed unit found at Moore Court Apartments priced from $1,300. Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here is today’s list of the most affordable Grayslake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1,300 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Brittany Square | 2 Bedrooms | 2BR,1BA | $1,630 |
| The Sanctuary of Lake Villa | Two Bedroom Two Bath | 2BR,2BA | $2,150 |
Best Value Apartments for Rent in Grayslake, IL
As of June 23, 2025 the best value apartment in the Grayslake area is the $1.77 price per square foot Two Bedroom Two Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $2,150. The second greatest value Grayslake apartment is the 2 Bedrooms Model at Brittany Square starting at $1,630 with a $1.72 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 Two Bath | 2BR,2BA | $1.77 |
| Brittany Square | 2 Bedrooms | 2BR,1BA | $1.72 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $2.08 |
| Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1.86 |
Quick Rent Budget Calculator
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Best Local Schools in Grayslake, IL
Meadowview School
Grayslake Central Consolidated School District 46
Public School - Grades K-4 (385)
8 out of 10
Grayslake Central High School
Grayslake Chsd 127 School District
Public School - Grades 9-12 (1419)
8 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
Grayslake, IL Apartments MapGrayslake, IL Rental Homes MapGetting Around Grayslake, IL
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
18 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Grayslake Apartments
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 $1,500 at Grays Pointe Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.