What is the average apartment size in Lake Bluff?

The average size for a Lake Bluff, IL apartment is 861 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Lake Bluff?

As of Jan / 2026, the average rent in Lake Bluff is $1,996 per month, a 12.47% increase from last years average of $1,775.

What is the average apartment size in Lake Bluff?

The typical apartment in Lake Bluff offers about 861 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Lake Bluff, IL Rental Market Trends

Q: What's the typical rent budget in Lake Bluff?

The typical rent budget in Lake Bluff ranges from $1,501 to $2,000 per month, with 56% of rentals in this range.

Q: Do most people rent or own in Lake Bluff?

In Lake Bluff, 9% of households rent while 91% own their homes, based on the latest U.S. Census data.

Last updated: February 21, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Lake Bluff is $1,996, a 12.47% increase compared to the previous year, when the average rent was $1,775.

One-bedroom apartments provide 722 square feet for $1,779, balancing privacy and affordability.

Two-beedroom units at $2,245 offer 1,022 square feet, perfect for roommates or small families.

Average rent in Lake Bluff, IL

Last updated: February 21, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,996	861 sq. ft.
Studio	n/a	n/a
1 Bed	$1,779	722 sq. ft.
2 Beds	$2,245	1,022 sq. ft.
3 Beds	n/a	n/a

Lake Bluff, IL rent trends

Rental prices in Lake Bluff, IL have increased by 12.47% over the past year. The average rent moved from $1,775 to $1,996.

What's the typical rent budget in Lake Bluff, IL?

The largest share of rentals in Lake Bluff, IL (56%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Lake Bluff, IL?

185 or 9% of the households in Lake Bluff, IL are renter-occupied while 1,989 or 91% are owner-occupied.

How Lake Bluff Compares to Other Cities

City	Average Rent
Lake Bluff	$1,996
Chicago	$2,454
Oak Park	$2,266
Evanston	$2,598
Naperville	$2,093
Skokie	$2,149
Aurora	$1,876
Champaign	$1,685
Dekalb	$1,105
Peoria	$1,209
Lombard	$1,989
Waukegan	$1,372
Vernon Hills, IL	$2,402
Arlington Heights, IL	$1,941
Highland Park, IL	$3,014
Palatine, IL	$1,907
Rolling Meadows, IL	$1,750
Grayslake, IL	$1,497
Gurnee, IL	$1,781
Libertyville, IL	$2,412
Mount Prospect, IL	$1,772

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Lake Bluff apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.