Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Lake Bluff, IL

As of July 2025, Lake Bluff's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lake Bluff's average rent is 19.2% ($334) higher than the Illinois average of $1,743 and 17.0% ($302) higher than the U.S. average of $1,775.

Average Rent

$2,077

Monthly ChangeMonth Over Month Change

2.4% ($49)

Yearly ChangeYear Over Year Change

12.4% ($229)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,814	5.8% ($100)	13.1% ($210)
2 Beds	$2,310	5.8% ($127)	6.3% ($136)
3 Beds	$2,690	5.8% ($147)	10.1% ($246)

Nearby Cities	Average Rent	Avg. Rent vs. Lake BluffAverage Rent vs. Lake Bluff	Avg. Days on MarketAverage Days on Market
Lake Forest	$5,489	164.3% ($3412)	25 days
Libertyville	$1,610	22.5% ($467)	28 days
Waukegan	$1,474	29% ($603)	29 days
Vernon Hills	$2,851	37.3% ($774)	26 days
Highwood	$3,617	74.1% ($1540)	28 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Lake Bluff Rental Market FAQs

Explore rental prices, market trends, and availability in Lake Bluff, IL.

What is the average rent in Lake Bluff, IL?

The average rent in Lake Bluff, IL is $2,077 per month.

What is the rental price range for apartments in Lake Bluff, IL?

Apartments in Lake Bluff typically rent for between $1,270 and $3,497 per month, with an average of $2,077 per month.

What is the average rent for different bedroom sizes in Lake Bluff, IL?

In Lake Bluff, the average rent for a 1-bedroom apartment is $1,814 per month, for a 2-bedroom apartment, $2,310 per month, and a 3-bedroom apartment is $2,690 per month.

How do rent prices in Lake Bluff, IL compare with the national average?

The average rent in Lake Bluff is 17% ($302) higher than the national average of $1,775 per month.

How have rent prices in Lake Bluff, IL changed recently?

The average rent in Lake Bluff has increased by 2.4% ($49) in the last month and increased by 12.4% ($229) over the past year.

How competitive is the rental market in Lake Bluff, IL?

The rental market in Lake Bluff, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Lake Bluff, IL?

In Lake Bluff, IL, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Lake Bluff, IL?

There are currently 6 rental properties available in Lake Bluff, IL.

Can I afford to rent an apartment in Lake Bluff, IL?

Based on the current averages, a household would need an annual income of $92,400 to comfortably afford a 2-bedroom apartment in Lake Bluff.