1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Lake Forest, IL

$2,340/mo

Median asking rent for a 1-bedroom apartment in Lake Forest, Illinois as of July 2026. That's +55% lower than the citywide median of $5,171 and +68% above the national 1-bedroom median of $1,395.

1-Bedroom median
$2,340
July 2026
vs city overall
-55%
$5,171 city median
vs national
+68%
$1,395 US median
Illinois rank
#140
of 141 cities

Income needed for a 1-bedroom in Lake Forest

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 1-bedroom at the current median rent.

Annual income
$93,600
Monthly gross
$7,800
Hourly (full-time)
$45.00

Rent by apartment size in Lake Forest

Compare Lake Forest's median rent across every apartment size.

Studio
$2,190
1-Bedroom (current)
$2,340
2-Bedroom
$2,640
3-Bedroom
$3,390
4+ Bedroom
$3,980

Cheapest cities for a 1-bedroom in Illinois

#City1-Bedroom rent
1Rantoul$646
2Round Lake Beach$650
3Charleston$720
4Pekin$720
5Quincy$730
6Macomb$740
7Danville$770
8Dixon$770
9Marion$780
10Normal$790
11Carbondale$800
12Decatur$800
13Rock Island$800
14Peoria$813
15Moline$820

Most expensive cities for a 1-bedroom in Illinois

#City1-Bedroom rent
1Morton Grove$2,340
2Lake Forest (this page)$2,340
3Deerfield$2,340
4Barrington$2,340
5Wilmette$2,240
6Buffalo Grove$2,240
7Highland Park$2,210
8Plainfield$2,155
9Naperville$2,113
10Vernon Hills$2,110
11Streamwood$2,110
12Northbrook$2,100
13Bartlett$2,070
14Bolingbrook$2,060
15Romeoville$2,050

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Lake Forest.

CityDistance1-Bedroom rentvs Lake Forest
Lake Bluff, IL3.3 mi$1,860$-480 (-21%)
Deerfield, IL4.4 mi$2,340
Highland Park, IL5.3 mi$2,210$-130 (-6%)
Vernon Hills, IL6.5 mi$2,110$-230 (-10%)
Libertyville, IL7.2 mi$1,830$-510 (-22%)
Northbrook, IL7.7 mi$2,100$-240 (-10%)
Buffalo Grove, IL8.3 mi$2,240$-100 (-4%)
Wheeling, IL8.3 mi$1,680$-660 (-28%)
Waukegan, IL9.8 mi$1,390$-950 (-41%)
Gurnee, IL10.8 mi$1,740$-600 (-26%)
Glenview, IL11.5 mi$1,840$-500 (-21%)
Mundelein, IL12.3 mi$1,770$-570 (-24%)

1-Bedroom rent in Lake Forest — common questions

How much is a 1-bedroom apartment in Lake Forest?

As of July 2026, the median 1-bedroom apartment rent in Lake Forest, Illinois is $2,340 per month. This is +55% below the citywide median of $5,171.

What income do you need to afford a 1-bedroom in Lake Forest?

Using the standard 30% rent-to-income rule, you would need an annual income of about $93,600 ($7,800/month gross), which works out to roughly $45.00/hour at a full-time job.

Is Lake Forest expensive for a 1-bedroom compared to the rest of the US?

Lake Forest's 1-bedroom median of $2,340 is +68% above the national 1-bedroom median of $1,395. It ranks in the 92th percentile of US cities tracked.

How does Lake Forest rank for 1-bedroom rent in Illinois?

Among the 141 cities in Illinois with 1-bedroom data, Lake Forest ranks #140 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Lake Forest?

Yes — nearby cities with cheaper 1-bedroom rents include Lake Bluff ($1,860), Highland Park ($2,210), Vernon Hills ($2,110).

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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 Lake Forest, 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.