2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Grayslake, IL

$1,970/mo

Median asking rent for a 2-bedroom apartment in Grayslake, Illinois as of August 2026. That's +19% lower than the citywide median of $2,428 and +19% above the national 2-bedroom median of $1,655.

2-Bedroom median
$1,970
August 2026
vs city overall
-19%
$2,428 city median
vs national
+19%
$1,655 US median
Illinois rank
#100
of 142 cities

Income needed for a 2-bedroom in Grayslake

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$78,800
Monthly gross
$6,567
Hourly (full-time)
$37.88

Rent by apartment size in Grayslake

Compare Grayslake's median rent across every apartment size.

Studio
$1,630
1-Bedroom
$1,740
2-Bedroom (current)
$1,970
3-Bedroom
$2,530
4+ Bedroom
$2,970

Cheapest cities for a 2-bedroom in Illinois

#City2-Bedroom rent
1Carbondale$670
2Dixon$870
3Pekin$920
4Charleston$930
5Quincy$950
6Macomb$960
7Peoria Heights$980
8Rantoul$980
9Rock Island$990
10Decatur$995
11Danville$1,010
12Moline$1,010
13Normal$1,010
14Savoy$1,010
15Pontoon Beach$1,014

Most expensive cities for a 2-bedroom in Illinois

#City2-Bedroom rent
1Morton Grove$2,640
2Deerfield$2,640
3Barrington$2,640
4Wilmette$2,530
5Buffalo Grove$2,530
6Highland Park$2,490
7Plainfield$2,455
8Naperville$2,388
9Vernon Hills$2,380
10Streamwood$2,380
11Northbrook$2,370
12Bartlett$2,340
13Bolingbrook$2,325
14Romeoville$2,310
15Elmhurst$2,310

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Grayslake.

CityDistance2-Bedroom rentvs Grayslake
Round Lake Beach, IL4 mi$1,468$-502 (-25%)
Mundelein, IL4.6 mi$2,000+$30 (+2%)
Round Lake, IL4.6 mi$1,920$-50 (-3%)
Libertyville, IL7.1 mi$2,070+$100 (+5%)
Gurnee, IL7.7 mi$1,970
Vernon Hills, IL9.2 mi$2,380+$410 (+21%)
Antioch, IL9.7 mi$1,510$-460 (-23%)
Buffalo Grove, IL13 mi$2,530+$560 (+28%)
Waukegan, IL13.1 mi$1,565$-405 (-21%)
Lake Bluff, IL13.1 mi$2,100+$130 (+7%)
Zion, IL15 mi$1,540$-430 (-22%)
Palatine, IL15.1 mi$1,875$-95 (-5%)

2-Bedroom rent in Grayslake — common questions

How much is a 2-bedroom apartment in Grayslake?

As of August 2026, the median 2-bedroom apartment rent in Grayslake, Illinois is $1,970 per month. This is +19% below the citywide median of $2,428.

What income do you need to afford a 2-bedroom in Grayslake?

Using the standard 30% rent-to-income rule, you would need an annual income of about $78,800 ($6,567/month gross), which works out to roughly $37.88/hour at a full-time job.

Is Grayslake expensive for a 2-bedroom compared to the rest of the US?

Grayslake's 2-bedroom median of $1,970 is +19% above the national 2-bedroom median of $1,655. It ranks in the 67th percentile of US cities tracked.

How does Grayslake rank for 2-bedroom rent in Illinois?

Among the 142 cities in Illinois with 2-bedroom data, Grayslake ranks #100 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Grayslake?

Yes — nearby cities with cheaper 2-bedroom rents include Round Lake Beach ($1,468), Round Lake ($1,920), Antioch ($1,510).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Grayslake, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.