Apartments for Rent in Lake Forest, IL (101 Rentals)

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The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 148 N Ahwahnee Rd
$11,000

Total Monthly Price

Base Rent$11,000

Total Monthly Price$11,000
5 Bedroom, 7 Bath Home for Rent
Available Now

148 N Ahwahnee Rd

Lake ForestIL60045
property at 1161 Gavin Ct
$20,000

Total Monthly Price

Base Rent$20,000

Total Monthly Price$20,000
6 Bedroom, 8 Bath Home for Rent
Available Now

1161 Gavin Ct

Lake ForestIL60045

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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250 High St, Unit 1
$3,400

Total Monthly Price

Base Rent$3,400

Total Monthly Price$3,400
3 Bedroom Apartment Available Sep 15

250 High St, Unit 1

250 High StHighwood, IL 60040
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30 Michigan Ave, Unit #2
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
2 Bedroom Apartment Available Now

30 Michigan Ave, Unit #2

30 Michigan AveHighwood, IL 60040
  • Smoke Free
property at 1250 Park Ave W
$2,650

Total Monthly Price

Base Rent$2,650

Total Monthly Price$2,650
2 Bedroom, 2 Bath Condo for Rent
Available Now
Family Friendly

1250 Park Ave W, Unit 433

1250 Park Ave W
Highland ParkIL60035
  • Smoke Free
property at 503 Basil Rd
$1,695
2 Bedroom, 1 Bath Home for Rent
Available Now

503 Basil Rd

Lake BluffIL60044

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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Webster Place
3 Bedroom Apartments

Webster Place

25 Clay AveHighwood, IL 60040
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723 N McKinley Rd
3 Bedroom Apartments

723 N McKinley Rd

723 N McKinley RdLake Forest, IL 60045

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lake Forest, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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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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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!

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

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Frequently Asked Questions about Lake Forest

What is the current pricing and availability for apartments for rent in Lake Forest, IL?

As of today, September 10, 2026, there are currently 101 available Lake Forest apartments priced from $1,515 to $5,600, with an average monthly rent of $2,330.

What Lake Forest neighborhoods have the most available apartments?

There are 2 neighborhoods in the Lake Forest area with available listings as of today. The three neighborhoods with the most options are Far North Chicago with 3,012 listings, North Mayfair with 1,274 listings, and Andersonville with 1,158 listings.

What is the current price range for One Bedroom Lake Forest Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Lake Forest ranges from $1,515 to $2,579 with an average monthly rent of $2,001.

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 $1,650 to $3,289. Today's average rental price for Two Bedrooms here is $2,384.

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.

Helpful Local Expert Guides

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