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3 Bedroom Apartments for Rent in Lake Forest, IL - 4 Rentals available

We found 3 rentals in Lake Forest, IL and 1 rental nearby

  • Apartment
    145 Morris Lane, Lake Forest, IL 60045
    $2,253 - $4,587
    • 1-3 Beds
    • 1-2.5 Baths
    Available Today! Last updated 07/16/2019
    (833) 260-5166

We found 1 rental within a 5-mile radius of Lake Forest, IL

  • Apartment
    1111 N. Milwaukee Ave, Vernon Hills, IL 60061
    $1,660 - $3,090
    • Studio-3 Beds
    Last updated 07/16/2019

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Lake Forest, IL Demographics

  • Total Population18,931
  • Female 9,241
    Male 9,690
  • Median Age47.8

Average Rent in Lake Forest, IL

  • Lake Forest, IL Average Rental Price, July 2019$3,171/mo

Lake Forest, IL Rent Trends

Average Rent Sept / 2018 Jul / 2019
Lake Forest, IL $3,171 $3,171
National $1,425 $1,432
/

Average rent is projected to grow by 2% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from zip code 60045

Check out the average rent prices in Lake Forest by neighborhood.

Lake Forest, IL Households

  • Total Number of Households6,787
  • Family 5,129
    Non-family 1,658
  • Children 2,206
    No Children 4,581
  • Average People Per Household2.63
  • Median Household Income$169,122
  • Median Housing Costs Per Month$2,855

Lake Forest, IL Education Statistics

  • No High School1%
  • Some High School12%
  • Some College12%
  • Associate Degree3%
  • Bachelor Degree37%
  • Graduate Degree35%

Renting a 3 bedroom apartment in Lake Forest, IL

With 7 apartments in Lake Forest, IL, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Lake Forest, IL, from very cheap to very expensive. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

Is choosing a cheap apartment worth it?

There are certainly plenty of options among our 7 available units in Lake Forest, IL if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Lake Forest, IL have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Waukegan can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!