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Cheap Apartments for Rent in Grayslake IL - 55 Rentals

Moore Court Apartments

230 Moore Ct, Grayslake, IL 60030
1 / 20
$1,300 - $1,565

1-2 Beds, 1 Bath
Brittany Square

720 Brittany Sq, Grayslake, IL 60030
1 / 35

Matterport 3D Tours
$1,465 - $1,650

1-2 Beds, 1 Bath
Grays Pointe Apartments

1900 Country Dr, Grayslake, IL 60030
1 / 29
$1,500 - $2,500

2 Beds, 1-1.5 Baths

1 Month Free
260 N Slusser St

260 N Slusser St, Grayslake, IL 60030
1 / 5
$1,700

2 Beds, 1 Bath
Grand Oaks

36021-36151 N Grand Oaks Ct, Gurnee, IL 60031
1 / 20
$1,737 - $2,126

1-3 Beds, 1-1.5 Baths
Savanna Ridge

18400 W IL Route 120, Grayslake, IL 60030
1 / 20
$1,925

1-2 Beds, 1-2 Baths
10 N Lake St Unit 307

10 N Lake St Unit 307, Grayslake, IL 60030
1 / 5
$2,200

2 Beds, 2 Baths
408 E Clarendon Dr

408 E Clarendon Dr, Round Lake Beach, IL 60073
1 / 5
$2,200

3 Beds, 1 Bath
332 Holiday Ln

332 Holiday Ln, Hainesville, IL 60073
1 / 5
$2,400

2 Beds, 3 Baths
228 Station Park Cir

228 Station Park Cir, Grayslake, IL 60030
1 / 5
$2,450

2 Beds, 3 Baths
544 Hainesville Rd

544 Hainesville Rd, Round Lake Park, IL 60073
1 / 5
$2,450

3 Beds, 2 Baths
328 Christine Ln

328 Christine Ln, Hainesville, IL 60030
1 / 13
$2,549

3 Beds, 1.5 Baths
33660 N Oakland Dr

33660 N Oakland Dr, Grayslake, IL 60030
1 / 6
$2,600

4 Beds, 2 Baths
17806 W Winnebago Dr

17806 W Winnebago Dr, Grayslake, IL 60030
1 / 5
$2,600

3 Beds, 1 Bath
1220 Manchester Dr

1220 Manchester Dr, Mundelein, IL 60060
1 / 5
$2,850

3 Beds, 3 Baths
1410 Leeward Ct

1410 Leeward Ct, Grayslake, IL 60030
1 / 5
$2,900

3 Beds, 3 Baths
625 Shakespeare Dr

625 Shakespeare Dr, Grayslake, IL 60030
1 / 5
$2,900

3 Beds, 3 Baths
543 Shakespeare Dr

543 Shakespeare Dr, Grayslake, IL 60030
1 / 5
$2,900

3 Beds, 3 Baths
2387 N Lancaster Ln

2387 N Lancaster Ln, Round Lake Beach, IL 60073
1 / 20
$2,905

4 Beds, 2.5 Baths
62 Pine St Unit A

62 Pine St Unit A, Grayslake, IL 60030
1 / 5
$2,999

3 Beds, 2 Baths
870 Waterview Dr

870 Waterview Dr, Round Lake Park, IL 60073
1 / 13
$3,000

3 Beds, 2.5 Baths
2201 Oak Leaf Ln

2201 Oak Leaf Ln, Lake Villa, IL 60046
1 / 20
$3,055

5 Beds, 2.5 Baths
33467 N Gagewood Ln

33467 N Gagewood Ln, Grayslake, IL 60030
1 / 5
$3,750

4 Beds, 3 Baths
7401 Brentwood Ln

7401 Brentwood Ln, Gurnee, IL 60031
1 / 20
$5,185

4 Beds, 2.5 Baths

Illinois Lake County Grayslake

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Grayslake, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Grayslake. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Grayslake tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Grayslake IL

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically more affordable during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price. Cheap apartments in Grayslake tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Grayslake, IL Rental Insights

Average Rent Rates

What is the average rent in Grayslake, IL?

The average rent in Grayslake is $1,289. When you rent an apartment in Grayslake, you can expect to pay as little as $1,289 or as much as $1,544, depending on the location and the size of the apartment.

What is the average rent of a 1 bedroom apartment in Grayslake, IL?

The average rent for a one bedroom apartment in Grayslake, IL is $1,289 per month.

What is the average rent of a 2 bedroom apartment in Grayslake, IL?

The average rent for a two bedroom apartment in Grayslake, IL is $1,544 per month.