Cheap Apartments for Rent in the Downtown Lake Forest Neighborhood of Lake Forest, IL from $1,200 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Lake Forest area of Lake Forest.

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3556 Western Ave
2 Bedroom Apartments

3556 Western Ave

3556 Western AveHighland Park, IL 60035
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213 Leonard Wood
2 to 5 Bedroom Apartments

213 Leonard Wood

213 Leonard WoodHighland Park, IL 60035
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Downtown Lake Forest, Lake Forest, IL Local Guide

Cheapest Available Downtown Lake Forest Apartments for Rent

 

The cheapest available apartment rental in the Downtown Lake Forest area of Chicago, IL is a 1 Bed unit found at Deer Valley Apartments priced from $1,600. Arrive North Shore has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,705. Here are the most affordable Downtown Lake Forest apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Deer Valley ApartmentsOne Bedroom1BR,1BA$1,600
Arrive North ShoreAshland1BR,1BA$1,705
HIGHPOINT Highwood Station 5462 Bed 2 Bath + Den2BR,2BA$2,867
The Residences at Amberley WoodsE2BR,2BA$4,025
Bloom Street Townhomes - 425 Bloom StCorner Unit3BR,2BA$5,250

Best Value Apartments for Rent in Downtown Lake Forest, IL

As of February 13, 2025 the best value apartment in the Downtown Lake Forest area is the $2.88 price per square foot Q Model at The Residences at Amberley Woods in the in the Downtown Lake Forest neighborhood starting from $7,500. The second greatest value Downtown Lake Forest apartment is the Corner Unit Model at Bloom Street Townhomes - 425 Bloom St starting at $5,250 with a $2.63 price per square foot in the Downtown Lake Forest neighborhood. Here is today’s list of the best values for Downtown Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Amberley WoodsQ3BR,3BA$2.88
Bloom Street Townhomes - 425 Bloom StCorner Unit3BR,2.5BA$2.63
HIGHPOINT Highwood Station 5462 Bed 2 Bath + Den2BR,2BA$2.33
Arrive North ShoreAshland1BR,1BA$2.85

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Pet Friendly Lifestyle
Downtown Lake Forest, Lake Forest, IL

Ranked #1

Among neighborhoods in Lake Forest, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Downtown Lake Forest, Lake Forest, IL

School data provided by Great Schools

Best Local Schools in
Downtown Lake Forest, Lake Forest, IL

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Lake Forest Apartments

How much is rent for a Cheap One Bedroom Downtown Lake Forest Apartment?

The lowest price for a Cheap One Bedroom Downtown Lake Forest Apartment is $1,600 at Deer Valley Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Lake Forest Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Lake Forest is starting from $1,820 at Arrive North Shore.

What is the most affordable Downtown Lake Forest Three Bedroom Apartment?

The best deal on a cheap Downtown Lake Forest Three Bedroom Apartment rental is at Bloom Street Townhomes - 425 Bloom St and starts from $5,250.

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.

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