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Cheap Apartments for Rent in Grayslake, IL from $700 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Grayslake.
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Rent Specials
from $1,5002 Bedroom Apartments Available Now
Grays Pointe Apartments
1900 Country DrGrayslake, IL 60030
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from $1,9251 to 2 Bedroom Apartments Available Aug 1
Savanna Ridge
18400 W IL Route 120Grayslake, IL 60030
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from $1,1501 to 2 Bedroom Apartments Available Jun 10
Moore Court Apartments
230 Moore CtGrayslake, IL 60030
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from $1,6502 Bedroom Apartment Available Jun 10
31 S Seymour Ave, Unit C
31 S Seymour AveGrayslake, IL 60030
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1 to 2 Bedroom Apartments
Royal Oak Condos & Willows of Greys Lake
33601 N Royal Oak LnGrayslake, IL 60030
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from $1,2501 to 2 Bedroom Apartments Contact Us For Availability
Mallard Ridge
140 Dittmer LnLindenhurst, IL 60046
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from $1,4761 to 3 Bedroom Apartments Available Now
Grand Oaks
36021-36151 N Grand Oaks CtGurnee, IL 60031
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from $1,1001 Bedroom Apartments Contact Us For Availability
Rosewood Apartments
216 W Forest AveRound Lake, IL 60073
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Showing Results 1-22, Page 1 of 1
Grayslake, IL Local Guide
Beige horse on ranch by Dmitri Yakovlev is licensed under Internal
How much does it cost to rent an apartment in Grayslake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayslake 1 Bedroom Apartments | $1,368 | $1,100 | $1,693 |
| Grayslake 2 Bedroom Apartments | $1,771 | $1,400 | $1,950 |
| Grayslake 4 Bedroom Apartments | $2,695 | $2,695 | $2,695 |
Browse Top Apartments in Grayslake
See all Apartments in GrayslakeExplore Grayslake
Grayslake, IL Local Guide
- Grayslake Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Grayslake, IL
Pricing Updated: 04/13/2025Current apartment rentals in the Grayslake, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Grayslake Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Wildwood on Gages Lake | $1,925 | $1,445 | 12 |
Cheapest Available Grayslake Apartments for Rent
The cheapest available apartment rental in Grayslake, IL is a 1 Bed unit found at Brittany Square in the Wildwood on Gages Lake neighborhood priced from $1,445. Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here is today’s list of the most affordable Grayslake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brittany Square | 1A Bedroom | 1BR,1BA | $1,445 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Grand Oaks | Pine | 1BR,1BA | $1,622 |
| The Sanctuary of Lake Villa | Two Bedroom One Bath | 2BR,1BA | $1,870 |
Best Value Apartments for Rent in Grayslake, IL
As of April 13, 2025 the best value apartment in the Grayslake area is the $1.59 price per square foot Two Bedroom Two Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $1,940. The second greatest value Grayslake apartment is the 2 Bedroom Platinum FP Model at Grays Pointe Apartments starting at $1,500 with a $1.56 price per square foot in the Wildwood on Gages Lake neighborhood. Here is today’s list of the best values for Grayslake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Sanctuary of Lake Villa | Two Bedroom Two Bath | 2BR,2BA | $1.59 |
| Grays Pointe Apartments | 2 Bedroom Platinum FP | 2BR,1.5BA | $1.56 |
| Brittany Square | 1A Bedroom | 1BR,1BA | $1.93 |
| Grand Oaks | Pine | 1BR,1BA | $2.42 |
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Best Local Schools in Grayslake, IL
Woodview School
Grayslake Central Consolidated School District 46
Public School - Grades K-4 (459)
8 out of 10
Grayslake Central High School
Grayslake Chsd 127 School District
Public School - Grades 9-12 (1419)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grayslake, IL Rentals by Map
See the most popular apartments and homes in Grayslake, IL
Grayslake, IL Apartments MapGrayslake, IL Rental Homes MapGetting Around Grayslake, IL
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
18 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Grayslake Apartments
What is the lowest price for a Cheap Two Bedroom Grayslake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grayslake is starting from $1,500 at Grays Pointe Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.