775 N Bank Ln
Lake ForestIL60045
Cheap Homes for Rent in Lake Forest, IL from $1,400 (9 Rentals)
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$1,5952 Bedroom Apartments Available Now
1141 Waukegan Rd, Unit Two Bedroom copy
1141 Waukegan RdDeerfield, IL 60015
13000 W Heiden Cir
Lake BluffIL60044
26 E Washington Ave
Lake BluffIL60044
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1121 Waukegan Rd
DeerfieldIL60015
1250 Park Ave W
Highland ParkIL60035
1988 Green Bay Rd
Highland ParkIL60035
1220 Park Ave W
Highland ParkIL60035
Rent According to Income: A Look at Income-Restricted Rentals
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649 E Rockland Rd
LibertyvilleIL60048
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Lake Forest, IL Local Guide
How much does it cost to rent a home in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest 2 Bedroom Homes for Rent | $2,594 | $1,850 | $3,800 |
| Lake Forest 3 Bedroom Homes for Rent | $3,685 | $2,550 | $6,000 |
| Lake Forest 4 Bedroom Homes for Rent | $6,070 | $3,650 | $10,000+ |
| Lake Forest 5 Bedroom Homes for Rent | $11,000 | $6,500 | $10,000+ |
| Lake Forest 6 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
| Lake Forest 7 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
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Lake Forest, IL Local Guide
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Cheapest Available Lake Forest Apartments for Rent
The cheapest available apartment rental in Lake Forest, IL is a Studio unit found at 548-552 Sheridan Rd in the Fort Sheridan neighborhood priced from $1,600. Arrive North Shore in the Fort Sheridan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,759. Here is today’s list of the most affordable Lake Forest apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 548-552 Sheridan Rd | Studio | Studio,1BA | $1,600 |
| Arrive North Shore | Palmer | 1BR,1BA | $1,759 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2,109 |
Best Value Apartments for Rent in Lake Forest, IL
As of July 27, 2026 the best value apartment in the Lake Forest area is the $2.76 price per square foot 2 Bed 2 Bath + Den Model at HIGHPOINT Highwood Station 546 in the in the Fort Sheridan neighborhood starting from $3,399. The second greatest value Lake Forest apartment is the 113 Burtis Ave Model at 113 Burtis Ave, Unit A starting at $2,100 with a $1.91 price per square foot in the Briergate Station neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| HIGHPOINT Highwood Station 546 | 2 Bed 2 Bath + Den | 2BR,2BA | $2.76 |
| 113 Burtis Ave, Unit A | 113 Burtis Ave | 2BR,1BA | $1.91 |
| HIGHPOINT Highwood Station 440 | 2 Bed 2 Bath | 2BR,2BA | $2.55 |
| Forest Pointe Apartments | B1 | 2BR,2BA | $2.65 |
| HIGHPOINT Highwood Station 246 | 1 Bed 1 Bath | 1BR,1BA | $2.62 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2.91 |
| Arrive North Shore | Palmer | 1BR,1BA | $3.08 |
| 548-552 Sheridan Rd | Studio | Studio ,1BA | $3.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Lake Forest, IL
Cherokee Elementary School
Lake Forest School District 67
Public School - Grades K-5 (339)
10 out of 10
Lake Forest High School
Lake Forest Chsd 115 School District
Public School - Grades 9-12 (1348)
9 out of 10
Deer Path Middle School West
Lake Forest School District 67
Public School - Grades 6-8 (360)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Forest, IL Rentals by Map
See the most popular apartments and homes in Lake Forest, IL
Frequently Asked Questions about Lake Forest
What type of rentals are currently available in Lake Forest?
There are currently 66 Apartments for Rent in Lake Forest, IL with pricing that ranges from $1,515 to $5,600. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Forest ranging from $1,425 to $25,000.
What is the current price range for Rental Homes in Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Forest ranges from $1,425 to $25,000 with an average monthly rent of $9,991.
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.
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