Grayslake, IL rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Grayslake, IL is $2,424.

Average rent

$2,424

Month-over-month change

-$26

Year-over-year change

+$234

Available rentals

19

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,275 to $3,400.

Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,3001
$1,4001
$1,5001
$1,6002
$1,7002
$1,8001
$1,9002
$2,0002
$2,4002
$2,5001
$2,6002
$2,7003
$2,8002
$2,9001
$3,0001
$3,3001
$3,400+1

Average rent price over time

In the last year, rent has increased by $234 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,200$1,806
Feb$1,990$1,575
Mar$1,750$1,780
Apr$1,960$1,869
May$1,580$2,200
Jun$2,000$2,450
Jul$2,650$2,450
Aug$1,814$2,067
Sep$2,500No data
Oct$2,150No data
Nov$2,250No data
Dec$1,650No data

Market temperature

The Grayslake, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Grayslake, IL is 15% higher than the national average.

Grayslake, ILvs.

$2,424

$2,100

Rent in Grayslake, IL

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Frequently asked questions

1. What is the average rent in Grayslake, IL?

The average rent in Grayslake, IL is $2,424.

2. How much does it cost to rent a house in Grayslake, IL?

Houses in Grayslake, IL rent between $1,275 - $3,400 with an average rent of $2,424.

3. How has the rent in Grayslake, IL changed in the last year?

In the last year, the rent in Grayslake, IL increased by $234

4. How much has the rent in Grayslake, IL increased/decreased in the last month?

In the last month, the rent in Grayslake, IL decreased by $26

5. How many available rentals are there in Grayslake, IL?

There are currently 19 rentals available in Grayslake, IL.

6. How do rent prices in Grayslake, IL compare with the national average?

The average rent in Grayslake, IL is $2,424 — 15.43% higher the national average of $2,100.