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Lake Bluff, IL Houses for Rent

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  • /20

    $3,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • House for Rent

    204 N Waukegan Rd Unit Upper, Lake Bluff, IL 60044

    Rare opportunity to live in a versatile mixed-use property in desirable Knollwood area of Lake Bluff. This 2 bedroom and 2 bathroom apartment is on the upper level and sit above a beauty salon. This unit also offers a versatile office, den or bonus room without a window providing additional flexible space for a home office, storage or other needs. Enjoy the convenience of a residential setting

    Sitha Bouy HomeSmart Connect LLC

    204 N Waukegan Rd Unit Upper, Lake Bluff, IL 60044
  • /39

    $4,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,094 Sq Ft
    • House for Rent

    515 E Blodgett Ave, Lake Bluff, IL 60044

    This gorgeous FULLY FURNISHED, SHORT TERM RENTAL HOME is home is available September 26th through the end of May/early June 2027. Located in Lake Bluff, this home is very close to the lake and downtown Lake Bluff. This quiet and tree lined street will be your perfect short term retreat. Home features 3 bedrooms, 2 newly renovated bathrooms and one powder room, newer kitchen appliances, beautiful

    Kim Campbell @properties Christie's International Real Estate

    515 E Blodgett Ave, Lake Bluff, IL 60044

Frequently Asked Questions

How much does it cost to rent a single-family home in Lake Bluff, IL?
The median rent for a single-family home in Lake Bluff, IL is $3,625 per month, though prices vary by neighborhood, size, and property type. As of September 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 $120,000 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 $3,000 per month in Lake Bluff, IL, renters typically need to show $9,000 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 22.9, 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.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$3,625
Median 3 Bedroom Single Family Home Rent
$3,800
Median 4 Bedroom Single Family Home Rent
$6,500
Median 5 Bedroom Single Family Home Rent
$6,500
How to Rent a Home

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