1014 Foster Ave
Lake BluffIL60044
Cheap Homes for Rent in Downtown Lake Forest Neighborhood of Lake Forest, IL from $3,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lake Forest area of Lake Forest.
81 Westover Rd
HighwoodIL60040
823 Jenkisson Ave
Lake BluffIL60044
1850 Amberley Ct
Lake ForestIL60045
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Downtown Lake Forest, Lake Forest, IL Local Guide
Market Square by Slo-mo is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Downtown Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lake Forest 2 Bedroom Homes for Rent | $4,400 | $3,900 | $4,800 |
| Downtown Lake Forest 3 Bedroom Homes for Rent | $4,791 | $3,000 | $7,800 |
| Downtown Lake Forest 4 Bedroom Homes for Rent | $5,100 | $3,900 | $6,800 |
| Downtown Lake Forest 5 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 3 mile radius of the Downtown Lake Forest Neighborhood of Lake Forest, IL.
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Downtown Lake Forest, Lake Forest, IL Local Guide
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Best Value Apartments for Rent in Downtown Lake Forest, IL
As of April 16, 2025 the best value apartment in the Downtown Lake Forest area is the $2.69 price per square foot Q Model at The Residences at Amberley Woods in the in the Downtown Lake Forest neighborhood starting from $7,000. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Amberley Woods | Q | 3BR,3BA | $2.69 |
| Bloom Street Townhomes - 425 Bloom St | Corner Unit | 3BR,2.5BA | $2.63 |
| Arrive North Shore | Ashland | 1BR,1BA | $3.44 |
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Frequently Asked Questions about Downtown Lake Forest
What type of rentals are currently available in Downtown Lake Forest?
There are currently 36 Apartments for Rent in Downtown Lake Forest, IL with pricing that ranges from $1,275 to $8,200. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lake Forest ranging from $3,000 to $12,000.
What is the current price range for Rental Homes in Downtown Lake Forest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lake Forest ranges from $3,000 to $12,000 with an average monthly rent of $6,572.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.