Rentometer, Inc. | Data as of 10/24/2025
Gages Lake, nestled in the heart of Illinois, offers a tranquil lakeside lifestyle while remaining conveniently connected to the broader Chicago metropolitan area. The city’s rental market reflects a mix of family-oriented homes and modern apartments, catering to a diverse range of tenants seeking both space and convenience. Residents enjoy easy access to the scenic Gages Lake itself, nearby forest preserves, and a variety of local shops and dining options that contribute to a vibrant community atmosphere.
Housing options in Gages Lake span from cozy three‑bedroom houses, where average rents sit in the $2600s with median figures around $2800, to larger four‑plus‑bedroom homes that command an average in the $3300 range and median rates near $3400. These spacious properties appeal to families and professionals looking for ample room for home offices or growing households. For those preferring a low‑maintenance lifestyle, the limited apartment inventory provides contemporary amenities and proximity to public transportation routes that link the city to downtown Chicago.
The area’s appeal is further enhanced by its proximity to beloved landmarks such as the Gages Lake Community Center, Riverwalk Park, and the historic St. Lawrence Church. Outdoor enthusiasts appreciate the nearby lakefront trails and fishing spots, while shoppers benefit from the convenience of nearby retail corridors. Whether you’re seeking a peaceful retreat or a well‑connected base for commuting, Gages Lake’s rental market delivers a balanced blend of affordability, comfort, and community charm.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $2,608 | $2,550 | $2,195 - $3,095 | $2,400 - $2,800 |
| House | 4+ Bedroom | $3,365 | $3,450 | $2,500 - $4,000 | $3,200 - $3,700 |
In the current period, the average rent in Gages Lake was
$1,933 for 2 Bedroom,
$2,608 for 3 Bedroom, and
$3,323 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.