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Cheap Apartments for Rent in Lake Forest IL - 77 Rentals

Lake Forest, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments and affordable rent in Lake Forest. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that apartment size and upscale amenities are not as important to you. On the other hand, if you value space, access to community amenities, or high-end appliances, you may be willing to move farther out from Lake Forest hot spots where you can afford more apartment for less.

How to Find a Cheap Apartment in Lake Forest, IL

Rent in the city center tends to be more expensive. Try looking for budget-friendly apartments in neighborhoods farther from downtown. These areas offer mid-range prices and can still be close enough to everything you need. Try looking for areas of Lake Forest that might have more available rental units than others. In places with higher vacancy rates, landlords may be more likely to offer cheaper rent to fill the space.

When Are Apartments in Lake Forest, IL Cheapest?

If you want to find cheap rent in Lake Forest, timing can make a big difference. Apartments are usually cheaper during the off-season, typically December through March. During this time, fewer people are looking to move, so landlords are often more willing to offer lower rent to fill empty units. Another good time to search is at the end of the month when leases are up, and landlords want to fill vacancies quickly.

Cheap apartments in Lake Forest tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.


Lake Forest, IL Rental Insights

Average Rent Rates

What is the average rent in Lake Forest, IL?

The average rent in Lake Forest is $2,886. When you rent an apartment in Lake Forest, you can expect to pay as little as $2,886 or as much as $6,573, depending on the location and the size of the apartment.

What is the average rent of a 1 bedroom apartment in Lake Forest, IL?

The average rent for a one bedroom apartment in Lake Forest, IL is $2,886 per month.

What is the average rent of a 2 bedroom apartment in Lake Forest, IL?

The average rent for a two bedroom apartment in Lake Forest, IL is $4,503 per month.

What is the average rent of a 3 bedroom apartment in Lake Forest, IL?

The average rent for a three bedroom apartment in Lake Forest, IL is $6,573 per month.

Transportation

How transit friendly is Lake Forest, IL?

Transit options in Lake Forest vary, but overall, it has a transit score of 1.

Education

What are the top Elementary schools in Lake Forest, IL?

In Lake Forest, you’ll find top-ranking elementary schools like Sheridan Elementary School, Everett Elementary School, and Rondout Elementary School.

What are the top middle schools in Lake Forest, IL?

Lake Forest is home to some top-ranking middle schools, including Rondout Elementary School and Deer Path Middle School West.

What is the top high school in Lake Forest, IL?

Moving is tough for high school students! Look for Lake Forest apartments near top-ranking high schools like Lake Forest High School.

What colleges and universities are in Lake Forest, IL?

If you’re a student moving to an apartment in Lake Forest, you’ll have access to Lake Forest College, Coll. of Lake Co., Southlake, and Coll. of Lake Co., Lakeshore.

Helpful Rental Guides for Lake Forest, IL

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