Apartments for Rent in Lake Forest, IL (102 Rentals)

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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.

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333 E Westminster
2 Bedroom Apartments

333 E Westminster

333 E WestminsterLake Forest, IL 60045
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105 E Laurel Ave
Studio Apartments

105 E Laurel Ave

105 E Laurel AveLake Forest, IL 60045
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Lake Forest
2 Bedroom Apartments

Lake Forest

1301 N Western AveLake Forest, IL 60045
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35 S Orchard Cir
Studio Apartments

35 S Orchard Cir

35 S Orchard CirLake Forest, IL 60045
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704 Cherry Ave
Studio Apartments

704 Cherry Ave

704 Cherry AveLake Forest, IL 60045

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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85 E Laurel Ave
2 to 3 Bedroom Apartments

85 E Laurel Ave

85 E Laurel AveLake Forest, IL 60045
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269 E Woodland Rd
Studio Apartments

269 E Woodland Rd

269 E Woodland RdLake Forest, IL 60045
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723 N McKinley Rd
3 Bedroom Apartments

723 N McKinley Rd

723 N McKinley RdLake Forest, IL 60045

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Lake Forest, IL Local Guide

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Written By:
Justin Habersaat
Editing Staff

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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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Lake Forest Overview

A scenic, luxurious locale situated along the banks of Lake Michigan, Lake Forest is a prime real estate option within the Chicago metro region. Offering stunning views and a myriad of upper-tier amenities, this is one Illinois hot spot that is in demand with good cause.

What is the history of Lake Forest?

First developed in the 1850s, Lake Forest was designed with quality of life in mind from the outset. Roadways were planned to yield optimum privacy for residents, and some of the nation's most lauded architects...including Frank Lloyd Wright...assisted in the design of many of the city's homes. The retail center Market Square was completed in 1916, and the city formed a land conservation committee in 1967, helping to preserve much of the natural beauty that helped make Lake Forest such a desirable place to live.

How is the weather in Lake Forest?

Like much of Illinois, Lake Forest apartment residents can anticipate a variety of seasons and weather patterns, ranging from snowy, blustery winters to warm, sunny summers. Thanks to the woodlands that surrounds much of the area, the winds and heat don't seem to feel quite so oppressive in Lake Forest, and the autumn and spring evenings can be especially crisp and pleasant.

How do I get around town?

A pair of Metra commuter railroad lines can be found within the Lake Forest city limits, and bus service is similarly found with ease. A majority of Lake Forest renters own at least one personal automobile, often two, and driving is far and away the preferred method of travel within the city. Taxi and towncar service are also readily available, and O'Hare Airport is a short drive away, offering numerous domestic and international flights on a daily basis.

What is the Lake Forest commute like?

The Tri-state Tollway is the most-utilized roadway in the area, while U.S. Highway 41 runs through the city center. Route 60 also helps connect Lake Forest to many of the other Chicago-region suburbs. While most of those commuting to Chicago and beyond utilize the rail system, those driving can expect typical daily delays, especially during the 9-to-5 rush.

What are the local media outlets?

The 'Daily Herald' and the 'Chicago Tribune' offer the most popular print media in the city, and WMXM and WBBM are two of the rising radio stations, although variety of genres ranging from political talk to classic rock can also be found with ease. Those residing in Lake Forest apartments can enjoy most broadcasting options as well, thanks to a wide range of affiliates calling the greater Chicago area home.

Why live in Lake Forest, IL?

Home to a number of employers in the health care field, as well as a huge assortment of amenities, schools and retail shopping, Lake Forest is truly a gem of the great state of Illinois. Effortlessly combining natural scenery with distinct, stylish architectural flair, Lake Forest is a must-consider for anyone yearning for a higher caliber of living.

What Lake Forest landmarks should I see?

The Citadel Theatre is a great place to take in a performance, while the Music Institute of Chicago's local campus is well worthy of exploration. The Wildlife Discovery Center is yet another Lake Forest landmark that is sure to leave a lasting impression.

What is there to do around Lake Forest?

Tour the barnyard fun of Elawa Farms, or spend an afternoon shopping at the famed Market Square, both easily reached from a variety of apartments in Lake Forest. Sweet Pete's Candy Store is a hit with young and old alike, and 30 Wash is a great place to enjoy a few pints with your new neighbors.

Any annual festivals or Lake Forest events to know?

Independence Day holds a special appeal for those in Lake Forest, and both a parade and fireworks display can be expected on a yearly basis. Halloween is likely a citywide affair, complete with ghoulish costumes, while Chicago's big city music festivals Lollapalooza and Riot Fest are just a short car ride away.

Where are the nearby vacation spots?

Illinois is chock full of natural exploration opportunities, complete with camping, hiking and even deep lake fishing. Hit the road for the breweries and college nightlife scene of Wisconsin, or take a weekend excursion to the live music mecca of Detroit, both easily reached from a variety of Lake Forest apartments.

Where is the best place to move in Lake Forest?

Lake Forest certainly caters to those eager to experienced the finer things in life, so whether you are on the hunt for a spacious and hip one-bedroom loft or desire a luxurious and expansive family-sized rental, odds are good your ideal Lake Forest apartment is out there waiting. Start your search for the next ideal Illinois hot spot to call home today!

Best Local Schools in
Lake Forest, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Lake Forest, IL

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 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 Lake Forest

What does renting a Two Bedroom Apartment in Lake Forest cost?

The monthly rent prices of Two Bedroom Apartments currently available in Lake Forest range from $1,450 to $6,229. Today's average rental price for Two Bedrooms here is $3,159.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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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.

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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.

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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.