1326 Ridgeway St
Round Lake BeachIL60073
Cheap Homes for Rent in Grayslake, IL from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Grayslake.
256 N Slusser St
GrayslakeIL60030
33791 N Oak St
Gages LakeIL60030
643 Ziegler Dr
GrayslakeIL60030
608 Deerpath Dr
LindenhurstIL60046
10 N Lake St
GrayslakeIL60030
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.
547 N Ridgemoor Ave
MundeleinIL60060
114 Beachview Dr
Round Lake BeachIL60073
120 W Buckingham Dr
Round LakeIL60073
1358 Longchamps Ct
GrayslakeIL60030
328 W Whispering Oaks Ln
Round LakeIL60073
328 W Whispering Oaks Ln
Round LakeIL60073
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.
Showing Results 1-12, 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 a home in Grayslake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayslake 2 Bedroom Homes for Rent | $2,352 | $1,700 | $3,200 |
| Grayslake 3 Bedroom Homes for Rent | $2,563 | $2,000 | $3,400 |
| Grayslake 4 Bedroom Homes for Rent | $2,844 | $2,100 | $3,349 |
| Grayslake 5 Bedroom Homes for Rent | $3,200 | $2,100 | $3,950 |
Browse Top Homes for Rent in Grayslake
Explore Grayslake
Grayslake, IL Local Guide
- Grayslake Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Grayslake, IL
Pricing Updated: 09/08/2025Current 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 | $2,900 | $1,300 | 19 |
Cheapest Available Grayslake Apartments for Rent
The cheapest available apartment rental in Grayslake, IL is a 1 Bed unit found at Grand Oaks in the Heritage Park neighborhood priced from $1,351. Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Grayslake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Oaks | Pine | 1BR,1BA | $1,351 |
| Grays Pointe Apartments | 1 Bedroom Platinum | 1BR,1BA | $1,400 |
| Brittany Square | 1A Bedroom | 1BR,1BA | $1,465 |
| Savanna Ridge | A1 | 1BR,1BA | $1,775 |
| The Sanctuary of Lake Villa | Two Bedroom One Bath | 2BR,1BA | $1,925 |
Best Value Apartments for Rent in Grayslake, IL
As of September 08, 2025 the best value apartment in the Grayslake area is the $1.58 price per square foot Two Bedroom One Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $1,925. The second greatest value Grayslake apartment is the A1 Model at Savanna Ridge starting at $1,775 with a $2.16 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 | $1.58 |
| Savanna Ridge | A1 | 1BR,1BA | $2.16 |
| Brittany Square | 1A Bedroom | 1BR,1BA | $1.95 |
| Grays Pointe Apartments | 1 Bedroom Platinum | 1BR,1BA | $1.94 |
| Grand Oaks | Pine | 1BR,1BA | $2.02 |
| 34175 N Hainesville Rd, Unit 1F | 34175 N Hainesville Rd | 1BR,1BA | $1.69 |
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Best Local Schools in Grayslake, IL
Meadowview School
Grayslake Central Consolidated School District 46
Public School - Grades K-4 (385)
9 out of 10
Grayslake Central High School
Grayslake Chsd 127 School District
Public School - Grades 9-12 (1419)
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 Grayslake
What type of rentals are currently available in Grayslake?
There are currently 47 Apartments for Rent in Grayslake, IL with pricing that ranges from $1,100 to $2,900. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayslake ranging from $1,500 to $3,950.
What is the current price range for Rental Homes in Grayslake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grayslake ranges from $1,500 to $3,950 with an average monthly rent of $2,491.
How much are larger Three and Four Bedroom Rentals in Grayslake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grayslake range from $2,550 to $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $2,900.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.