254 N Slusser St
GrayslakeIL60030
Cheap Homes for Rent in Grayslake, IL from $1,700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Grayslake.
1542 Shelby court
GurneeIL60031
250 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.
2164 N Cheswick Ct
Round Lake BeachIL60073
547 N Ridgemoor Ave
MundeleinIL60060
710 S Rosehall Ln
Round LakeIL60073
34293 N Birch Ln
GurneeIL60031
1358 Longchamps Ct
GrayslakeIL60030
10 N Lake St
GrayslakeIL60030
544 Hainesville Rd
Round Lake ParkIL60073
114 Beachview Dr
Round Lake BeachIL60073
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.
728 N Lakeview Dr
Round LakeIL60073
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 | $2,244 | $1,700 | $2,700 |
| Grayslake 3 Bedroom Homes for Rent | $2,551 | $2,100 | $3,500 |
| Grayslake 4 Bedroom Homes for Rent | $3,179 | $2,300 | $4,095 |
| Grayslake 5 Bedroom Homes for Rent | $2,900 | $2,100 | $3,700 |
Browse Top Homes for Rent in Grayslake
Explore Grayslake
Grayslake, IL Local Guide
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Cheapest Neighborhoods for Apartments in Grayslake, IL
Pricing Updated: 07/22/2025Current 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 | $1,935 | $1,300 | 15 |
Cheapest Available Grayslake Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Water's Edge Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1,639 |
Best Value Apartments for Rent in Grayslake, IL
As of July 22, 2025 the best value apartment in the Grayslake area is the $1.56 price per square foot 2 Bedroom Platinum FP Model at Grays Pointe Apartments in the in the Wildwood on Gages Lake neighborhood starting from $1,500. The second greatest value Grayslake apartment is the 2 Bdrm/1 Bath Model at Water's Edge Apartments starting at $1,639 with a $1.73 price per square foot in the Heritage Park 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. |
|---|---|---|---|
| Grays Pointe Apartments | 2 Bedroom Platinum FP | 2BR,1.5BA | $1.56 |
| Water's Edge Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1.73 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Grayslake
What type of rentals are currently available in Grayslake?
There are currently 45 Apartments for Rent in Grayslake, IL with pricing that ranges from $1,100 to $2,500. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayslake ranging from $1,700 to $4,095.
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 $1,700 to $4,095 with an average monthly rent of $2,718.
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.