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Rental Market Trends in Lake Bluff, IL

What is the average rent in Lake Bluff, IL?

$1,544/month

Average Rent

457 Sq Ft

Average Apartment Size

+2.6%

Increase in the Last Year

As of December 2025, the average rent in Lake Bluff, IL is $1,544 per month. For comparison, the national average rent price in the US is currently $1,632/month, which means Lake Bluff rent prices are 5% lower than the national average. When you rent an apartment in Lake Bluff, you can expect to pay about per month for a studio, $1,544 for a one-bedroom apartment, and around $1,840 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,544/month
457 Sq Ft
Two Bedroom
$1,840/month
611 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lake Bluff, IL?

In the past year, rent has increased by 2.6%, which averages out to $41 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lake Bluff, IL
Last Updated December 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Lake Bluff, IL
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lake Bluff, IL?

Because the average rent in Lake Bluff is $1,544, you’ll want to make about $5,146 per month or $61,752 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.

City

Lake Bluff, IL

29 Available Apartments for Rent

Search for Nearby Apartments

How does Lake Bluff, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Lake Bluff, 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.

Explore the Area Guide for Lake Bluff, IL

Apartment Averages

Nearby City Rent Trends

  • North Chicago Average Rent
  • Lake Forest Average Rent
  • Park City Average Rent
  • Libertyville Average Rent

Apartment communities in Lake Bluff we think you'll love

Forest Pointe

Forest Pointe

29533 N Waukegan Rd,
Lake Bluff, IL 60044

$1,445 - $2,040

1-2 Beds

The Oaks of Lake Bluff

The Oaks of Lake Bluff

601 W Washington Ave,
Lake Bluff, IL 60044

$1,495 - $1,615

2 Beds

Deer Valley Apartments

Deer Valley Apartments

30011 N Waukegan Rd,
Lake Bluff, IL 60044

$1,670 - $2,715

1-2 Beds

Terrace Oaks Apartments

Terrace Oaks Apartments

501-506 Smith Rd,
Lake Bluff, IL 60044

$1,385 - $1,625

1-2 Beds

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United States Illinois Lake Bluff Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity