Apartments for Rent in Lake Bluff, IL

Prices and availability in Lake Bluff, IL were last updated on 23 Aug 2026.

The best apartments in Lake Bluff, IL are: Forest Pointe Apartments, Deer Valley Apartments, OAKS OF LAKE BLUFF and TERRACE OAKS RE, LLC.

The average rent in Lake Bluff, IL is $1,643.

The price range for a studio apartment in Lake Bluff, IL is between $1,310 and $1,595.

The price range for a 1-bedroom apartment in Lake Bluff, IL is between $1,310 and $8,156.

The price range for a 2-bedroom apartment in Lake Bluff, IL is between $1,310 and $9,656.

In Lake Bluff, 8% of the residents are renting compared to 92% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Lake Bluff's rentals, 47% are small-scale complexes with under 50 units, and 53% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lake Bluff are about 35 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lake Bluff come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 53% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Lake Bluff. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.