Lake Forest, IL rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Lake Forest, IL is $4,000.
$4,000
-$350
-$1,000
16
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,950 to $39,900.
| Rent price | Number of rental properties |
|---|---|
| $1,900 | 1 |
| $2,100 | 1 |
| $2,200 | 1 |
| $3,300 | 1 |
| $3,400 | 3 |
| $3,500 | 1 |
| $3,700 | 1 |
| $3,800 | 1 |
| $3,900 | 2 |
| $4,000 | 2 |
| $4,700 | 1 |
| $4,900 | 1 |
| $5,000+ | 5 |
Average rent price over time
In the last year, rent has decreased by $1,000 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $4,495 | $4,950 |
| Feb | $4,500 | $4,800 |
| Mar | $5,000 | $4,752 |
| Apr | $5,000 | $4,800 |
| May | $5,000 | $4,100 |
| Jun | $3,650 | $4,500 |
| Jul | $4,850 | $4,417 |
| Aug | $5,000 | $4,605 |
| Sep | $4,995 | No data |
| Oct | $5,000 | No data |
| Nov | $4,489 | No data |
| Dec | $4,800 | No data |
Market temperature
The Lake Forest, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Lake Forest, IL is 90% higher than the national average.
$4,000
$2,100
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Frequently asked questions
1. What is the average rent in Lake Forest, IL?
The average rent in Lake Forest, IL is $4,000.
2. How much does it cost to rent a house in Lake Forest, IL?
Houses in Lake Forest, IL rent between $1,950 - $39,900 with an average rent of $4,000.
3. How has the rent in Lake Forest, IL changed in the last year?
In the last year, the rent in Lake Forest, IL decreased by $1,000
4. How much has the rent in Lake Forest, IL increased/decreased in the last month?
In the last month, the rent in Lake Forest, IL decreased by $350
5. How many available rentals are there in Lake Forest, IL?
There are currently 16 rentals available in Lake Forest, IL.
6. How do rent prices in Lake Forest, IL compare with the national average?
The average rent in Lake Forest, IL is $4,000 — 90.48% higher the national average of $2,100.