3-Bedroom Rent · July 2026

3-Bedroom Apartment Rent in Grayslake, IL

$2,530/mo

Median asking rent for a 3-bedroom apartment in Grayslake, Illinois as of July 2026. That's +3% higher than the citywide median of $2,461 and +19% above the national 3-bedroom median of $2,130.

3-Bedroom median
$2,530
July 2026
vs city overall
+3%
$2,461 city median
vs national
+19%
$2,130 US median
Illinois rank
#97
of 142 cities

Income needed for a 3-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 3-bedroom at the current median rent.

Annual income
$101,200
Monthly gross
$8,433
Hourly (full-time)
$48.65

Rent by apartment size in Grayslake

Compare Grayslake's median rent across every apartment size.

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

Cheapest cities for a 3-bedroom in Illinois

#City3-Bedroom rent
1Rantoul$988
2Pekin$1,190
3Dixon$1,210
4Macomb$1,220
5Charleston$1,230
6Danville$1,230
7Quincy$1,230
8Swansea$1,243
9Rock Island$1,290
10Decatur$1,310
11Savoy$1,310
12Carbondale$1,320
13Moline$1,320
14Peoria$1,340
15Urbana$1,355

Most expensive cities for a 3-bedroom in Illinois

#City3-Bedroom rent
1Morton Grove$3,390
2Lake Forest$3,390
3Deerfield$3,390
4Barrington$3,390
5Wilmette$3,250
6Buffalo Grove$3,250
7Highland Park$3,200
8Plainfield$3,165
9Naperville$3,068
10Vernon Hills$3,060
11Streamwood$3,060
12Northbrook$3,040
13Bartlett$3,010
14Bolingbrook$2,985
15Romeoville$2,970

Nearby cities — 3-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Grayslake.

CityDistance3-Bedroom rentvs Grayslake
Round Lake Beach, IL4 mi$1,671$-859 (-34%)
Mundelein, IL4.6 mi$2,570+$40 (+2%)
Round Lake, IL4.6 mi$2,470$-60 (-2%)
Libertyville, IL7.1 mi$2,660+$130 (+5%)
Gurnee, IL7.7 mi$2,530
Vernon Hills, IL9.2 mi$3,060+$530 (+21%)
Antioch, IL9.7 mi$1,940$-590 (-23%)
Buffalo Grove, IL13 mi$3,250+$720 (+28%)
Waukegan, IL13.1 mi$2,010$-520 (-21%)
Lake Bluff, IL13.1 mi$2,700+$170 (+7%)
Lake Forest, IL14.2 mi$3,390+$860 (+34%)
Zion, IL15 mi$1,980$-550 (-22%)

3-Bedroom rent in Grayslake — common questions

How much is a 3-bedroom apartment in Grayslake?

As of July 2026, the median 3-bedroom apartment rent in Grayslake, Illinois is $2,530 per month. This is +3% higher than the citywide median of $2,461.

What income do you need to afford a 3-bedroom in Grayslake?

Using the standard 30% rent-to-income rule, you would need an annual income of about $101,200 ($8,433/month gross), which works out to roughly $48.65/hour at a full-time job.

Is Grayslake expensive for a 3-bedroom compared to the rest of the US?

Grayslake's 3-bedroom median of $2,530 is +19% above the national 3-bedroom median of $2,130. It ranks in the 67th percentile of US cities tracked.

How does Grayslake rank for 3-bedroom rent in Illinois?

Among the 142 cities in Illinois with 3-bedroom data, Grayslake ranks #97 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Grayslake?

Yes — nearby cities with cheaper 3-bedroom rents include Round Lake Beach ($1,671), Round Lake ($2,470), Antioch ($1,940).

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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 (July 2026) and exclude cities with median rent below $400 or above $20,000.