20

Lake Bluff, IL Homes for Rent

Section Image
  • /35

    Starting at $1,967 Per Month

    • 1 - 2 Beds

    30011 N Waukegan Rd, Lake Bluff, IL 60044

    Deer Valley Apartments blends the best of both worlds - a peaceful serene lifestyle within the prestige of Chicago's North Shores, close proximity to Downtown Chicago, and located in the award-winning Libertyville school district. Combining spacious one and two-bedroom floor plans with exceptional features including stainless steel appliances and granite countertops, your new home provides all

    Deer Valley Apartments

    (224) 507-1915

    30011 N Waukegan Rd, Lake Bluff, IL 60044
  • /20

    Starting at $1,896 Per Month

    • 1 - 2 Beds

    29533 N Waukegan Rd, Lake Bluff, IL 60044

    Forest Pointe Apartments blends the best of both worlds - a peaceful serene lifestyle within the prestige of Chicago's North Shores, close proximity to Downtown Chicago, and located in the award-winning Libertyville school district. Combining spacious one and two-bedroom floor plans with exceptional features including stainless steel appliances and granite countertops, your new home provides all

    Forest Pointe Apartments

    (224) 507-5106

    29533 N Waukegan Rd, Lake Bluff, IL 60044
  • /25

    $3,650 Per Month

    • 4 Beds
    • 3 Baths
    • 1,084 Sq Ft
    • House for Rent

    227 Juneway Terrace, Lake Bluff, IL 60044

    FULLY FURNISHED, Beautifully updated ranch home on over a half an acre of finely manicured grounds. AVAILABLE NOW. This 3+1 bedrooms, 3 bathrooms single family home on quiet and tree line Street with access to the best of Lake Bluff. This home will exceed your expectations. Master bedroom offers an en-suite with shower. A second bedroom features custom built-ins great for a kids bedroom or

    Kazi Wahab Kale Realty

    227 Juneway Terrace, Lake Bluff, IL 60044
  • /5

    $2,195 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,456 Sq Ft
    • Townhouse for Rent

    627 Smith Ave, Lake Bluff, IL 60044

    Showings Start Friday 6/5...Beautifully renovated townhome located in the highly sought-after Lake Forest/Lake Bluff School District. Offering the comfort and feel of a single-family home, this updated two-story residence features a stunning new kitchen and gleaming hardwood floors throughout the living room, dining room, kitchen, and family room. The spacious floor plan includes a full basement

    Honore Frumentino @properties Christie's International Real Estate

    627 Smith Ave, Lake Bluff, IL 60044
  • /10

    $3,500 Per Month

    • 3 Beds
    • 1 Bath
    • 1,148 Sq Ft
    • House for Rent

    651 Lincoln Ave, Lake Bluff, IL 60044

    Cute and charming 3 bedroom, 1 full bathroom ranch with a 1-car attached garage located within walking distance to downtown Lake Bluff. This home features hardwood floors throughout the main level, eat-in kitchen with SS appliances, living room with gas log fireplace, and a large deck overlooking the backyard. The full basement includes a washer/dryer and plenty of space for storage. Available to

    Brady Andersen Compass

    651 Lincoln Ave, Lake Bluff, IL 60044
  • /16

    $7,995 Per Month

    • 4 Beds
    • 3 Baths
    • 5,000 Sq Ft
    • House for Rent

    1551 Edgewood Rd, Lake Forest, IL 60045

    Absolutely stunning East Lake Forest home located in stellar location offering 4 bedrooms and 3 bathrooms, with over 5000 square feet of living space. Stunning kitchen with white, solid wood custom cabinetry, blended with granite countertops, island with breakfast car, custom backsplash and stainless steel appliances (with double oven). Huge living room with wood coffered ceilings, fireplace and

    Sohail Salahuddin eXp Realty

    1551 Edgewood Rd, Lake Forest, IL 60045

Why Live in Lake Bluff

Lake Bluff, Illinois, is a small community on the North Shore of the greater Chicago area, known for its quaint charm and proximity to Lake Michigan. Originally developed as a vacation spot for Chicago residents, Lake Bluff maintains a cozy, insular feel with its low-rise red brick buildings and vintage glass storefronts in the downtown area. The Lake Bluff Village Green, featuring a gazebo, serves as a central gathering spot, especially during the holiday season and the weekly farmers market from June to October. Residents enjoy various activities at Sunrise Beach, including yoga, volleyball, and sailing with the Lake Bluff Yacht Club. The Lake Bluff Golf Club and Ravine Park offer additional recreational options. Dining and shopping are concentrated along Scranton Avenue, where establishments like Inovasi and Maevery Public House provide upscale American fare, while Lake Bluff Brewing Company offers craft brews. Residential streets are shaded by mature trees, with homes ranging from mid-century ranch-style houses to stately Colonial Revivals. The community is served by highly rated schools, including Lake Bluff Elementary School, Lake Bluff Middle School, and Lake Forest High School, along with the private Montessori Forest Bluff School. Summer concerts and a notable 4th of July Parade are among the local attractions. Commuters have access to U.S. Highway 41 and Interstate 94, as well as Metra rail routes to Chicago. Lake Bluff is approximately 28 miles from Chicago O'Hare International Airport and has a crime score lower than the national average.

Frequently Asked Questions

How much does it cost to rent a home in Lake Bluff, IL?
The median rent for a home in Lake Bluff, IL is $2,950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lake Bluff, IL?
To comfortably afford the median rent in Lake Bluff, IL, a household needs to earn roughly $118,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,950 per month in Lake Bluff, IL, renters typically need to show $8,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake Bluff, IL?
In Lake Bluff, IL, the price-to-rent ratio is 21.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lake Bluff, IL are best for renting a home?
The best neighborhood for renting in Lake Bluff, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southwest Waukegan, South Libertyville, West Waukegan, Gregg's Landing and West Highland Park, each with its own character and price range.

Rental Trends in Lake Bluff, IL

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$2,950
Median Single Family Home Rent
$3,400
Median Townhouse Rent
$2,573
Median Condo Rent
$1,938
How to Rent a Home