Grayslake

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Grayslake, IL Area Guide

Avg Rent

$1,430

Population

21,475

Renter Mix

24% Rent

Savor natural beauty and convenience to Chicago in Lake County

Suburban Family-Friendly Picturesque Charming Welcoming Peaceful Historic Upscale Convenient

Situated about 40 miles north of Chicago in Lake County, Grayslake is a picturesque suburb with a small-town feel. Outdoor recreation abounds in and around Grayslake, with access to a 21-mile bike path system in town and a host of surrounding parks and forests preserves. Lake Michigan is also just 14 miles away from Grayslake, offering additional options for outdoor adventure.

Historic Downtown Grayslake is teeming with restaurants, shops, and events. Among the many events held in Grayslake is the annual Lake County Fair in addition to the largest evening farmers market in the country. Major destinations like Six Flags Great America and Gurnee Mills Mall are just minutes from Grayslake as well. Grayslake is also home to the College of Lake County’s largest campus, providing a broad range of performing and cultural arts programming to the local community. Convenience to multiple Metra lines and major roadways makes commuting and traveling from Grayslake simple.

Demographics

Median Household Income

$110,668

Average: $135,505

Education

8,990

Residents Have a Degree

Job Market

11,473

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

55-64 Years

Approximately 14% of Residents

Under 20

24%

Over 65

16%

Housing Distribution

Grayslake has more homeowners than renters.

Renters
24%
Non-Renters
76%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
38%
Other Education
62%

Rent Trends

As of April 2026, the average apartment rent in Grayslake, IL is $1,430 for one bedroom, and $1,575 for two bedrooms. Apartment rent in Grayslake has increased by 3.9% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,430/month
720 Sq Ft
See Rental Market Trends in Grayslake, IL

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

90 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Meadowview School

Public

Grades K-5

385 Students

Woodview School

Public

Grades K-5

459 Students

Prairie Crossing Charter School

Public

Grades K-8

429 Students

Frederick School

Public

Grades K-5

633 Students

Prairie Crossing Charter School

Public

Grades K-8

429 Students

Grayslake Middle School

Public

Grades 6-8

661 Students

Grayslake North High School

Public

Grades 9-12

1,257 Students

Grayslake Central High School

Public

Grades 9-12

1,419 Students

Points of Interest

Top Apartments in Grayslake

Houses for Rent in Grayslake

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.