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Cheap Apartments for Rent in Lake Forest, IL - 1 Rental available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Lake Forest, IL Demographics

  • Total Population19,219
  • Female 9,455
    Male 9,764
  • Median Age47.6

Average Rent in Lake Forest, IL

  • Lake Forest, IL Average Rental Price, February 2020 $3,128 /mo

Lake Forest, IL Apartment Rent Ranges

  • $1,501-$2,00017%
  • > $2,00083%

Lake Forest, IL Rent Trends

Average Rent Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Lake Forest, IL $3,171 $3,171 $3,179 $3,152 $3,128
National $1,417 $1,422 $1,458 $1,466 $1,468

Lake Forest, IL Households

  • Total Number of Households6,878
  • Family 5,166
    Non-family 1,712
  • Children 2,199
    No Children 4,679
  • Average People Per Household2.65
  • Median Household Income$167,404
  • Median Housing Costs Per Month$2,871

Lake Forest, IL Education Statistics

  • No High School1%
  • Some High School12%
  • Some College12%
  • Associate Degree3%
  • Bachelor Degree36%
  • Graduate Degree37%

Looking for a cheap apartment for rent in Lake Forest, IL? With RENTCafé, finding an affordable apartment in Lake Forest, IL has never been easier. We feature 2 low-priced rentals directly from property managers, with rents lower than the Lake Forest, IL average. What is a cheap rent in Lake Forest, IL? The average apartment rent in Lake Forest is $3,128 per month so any rental south of $2,502 would be considered cheap here.

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