Median Age
40 Years
Largest Age Group
55-64 Years
Approximately 14% of Residents
Under 20
24%
Over 65
16%
Avg Rent
$1,467
Population
21,475
Renter Mix
24% Rent
Grayslake is a Lake County village that brings small-town character to the Chicago metropolitan area, sitting about 40 miles north of the city while holding onto a pace and personality all its own. The College of Lake County anchors the community with one of its largest campuses here, drawing a steady stream of students, faculty, and cultural programming that keeps the atmosphere lively year-round. The Lake County Fairgrounds also call Grayslake home, hosting the annual Lake County Fair, a long-standing tradition that draws crowds from across the region.
The village covers roughly 12 square miles and blends a charming historic downtown with quieter residential pockets that stretch toward the surrounding countryside. Day-to-day life here has an unhurried quality, with a walkable town center offering local shops, eateries, and community events. The rental landscape reflects that range of scale and character, from garden-style apartment communities set among mature trees to townhome rentals that offer more square footage and private entrances. Renters looking for something close to nature without giving up access to a major metro will find Grayslake strikes that balance well.
Grayslake has a rich history dating back to 1895.
The Grayslake Heritage Center is a great place to learn about the village's history.
With outdoor seating, Grayslake is a great place to stop and have lunch with friends.
Enjoy the scenic views in Grayslake.
Downtown Grayslake has plenty of shops and restaurants to explore.
Grayslake is a suburb of Chicago with a small-town feel.
Median Household Income
$110,668
Average: $135,505
Education
8,990
Residents Have a Degree
Job Market
11,473
Workers Employed
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.
Education Distribution
Review this city's overall education levels.
As of July 2026, the average apartment rent in Grayslake, IL is $1,467 for one bedroom, and $1,592 for two bedrooms. Apartment rent in Grayslake has increased by 1.5% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Grayslake, IL is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Exceptionally Drivable
Drivability
Moderately Bikeable
Bikeability
Public
Grades K-5
354 Students
Prairie Crossing Charter School
Public
Grades K-8
431 Students
Public
Grades K-5
385 Students
Public
Grades K-5
622 Students
Prairie Crossing Charter School
Public
Grades K-8
431 Students
Public
Grades 6-8
608 Students
Public
Grades 9-12
1,320 Students
Public
Grades 9-12
1,159 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† 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 June 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.