Grays Pointe Apartments
1900 Country Dr,
Grayslake, IL 60030
2 Beds | $1,745
Rental Market Trends in Grayslake, IL
Updated August 2026
The average rent in Grayslake, IL is $1,462/month.
Rent in Grayslake is roughly equal to the national average rent of of $1,664/month.
$1,462/month
Average Rent
717 Sq Ft
Average Size
+1.8%
Change / Year
39
Available Apartments
Grayslake rent varies by unit size and layout:
- Studio apartments in Grayslake average per month.
- One-bedroom apartments in Grayslake average $1,462 per month.
- Two-bedroom apartments in Grayslake average $1,596 per month.
- Three-bedroom apartments in Grayslake average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Grayslake, IL?
In the past year, rent has increased by 1.8%, which averages out to $26 more per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Grayslake, IL
August 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
27%
$700 - $1,000/month
27%
$1,001 - $1,500/month
36%
$1,501 - $2,000/month
9%
Above $2,000/month
What salary do I need to live comfortably in Grayslake, IL?
Because the average rent in Grayslake is $1,462, you’ll want to make about $4,873 per month or $58,476 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Grayslake, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Grayslake, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Grayslake Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Grayslake We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Grayslake?
The average rent in Grayslake is $1,462 per month, which is 12.1% lower than the national average of $1,664.
What is the average rent for a house in Grayslake?
The average rent for a house in Grayslake, IL is $2,575 per month.
Are rents going up or down in Grayslake?
Rents in Grayslake, IL are increasing, with prices up 1.8% year-over-year and $26 more per month.
What rent range is most common in Grayslake?
In Grayslake, IL, 36% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 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.
* Percentages may not total 100 due to rounding.