Cheap Apartments for Rent near Abbott Park, IL from $400 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Abbott Park.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Karcher Artspace Lofts
Studio to 3 Bedroom Apartments

Karcher Artspace Lofts

405 Washington StWaukegan, IL 60085
  • Utilities Included
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Garden Park Apartments
Studio to 1 Bedroom Apartments

Garden Park Apartments

417 Franklin StWaukegan, IL 60085
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FOREST VIEW MANOR
Studio to 1 Bedroom Apartments

FOREST VIEW MANOR

1912 10TH StWaukegan, IL 60085

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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NORTH AVE. -1740
1 Bedroom Apartments

NORTH AVE. -1740

1740 North AveWaukegan, IL 60085
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Green Valley Apartments
1 to 2 Bedroom Apartments

Green Valley Apartments

4200 Greenleaf CtPark City, IL 60085
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415 N Sheridan Rd
1 Bedroom Apartments

415 N Sheridan Rd

415 N Sheridan RdWaukegan, IL 60085
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Park Terrace Apartments
1 to 2 Bedroom Apartments

Park Terrace Apartments

4100 Greenleaf CtPark City, IL 60085
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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DREW LN. -100
2 Bedroom Apartments

DREW LN. -100

100 Drew LnWaukegan, IL 60085

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-46, Page 1 of 1

Abbott Park, IL Local Guide

Cheapest Available Abbott Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Abbott Park, IL is a 1 Bed unit found at LITTLE FORT APARTMENTS LLC in the Waukegan Downtown neighborhood priced from $1,050. FOREST VIEW MANOR in the North Center neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Abbott Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LITTLE FORT APARTMENTS LLCLITTLE FORT APARTMENTS LLC - 4111BR,1BA$1,050
FOREST VIEW MANORFOREST VIEW MANOR - 1011BR,1BA$1,125
Briarwood Apartments1BR/1BA1BR,1BA$1,175
GRAND AVE. - 1011GRAND AVE. - 1011 - Apt 1...1BR,1BA$1,195
NORTH AVE. -1740NORTH AVE. -1740 - 161BR,1BA$1,225
PIONEER MANOR. -750-754PIONEER MANOR. -750-754 - # 2031BR,1BA$1,225
Heritage Green1BR/1BA1BR,1BA$1,250
Madison West Apartments1 BR / 1 BA1BR,1BA$1,250
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,350
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1,654

Best Value Apartments for Rent in Abbott Park, IL and Nearby

As of August 05, 2026 the best value apartment in the Abbott Park area is the $2.46 price per square foot Two Bedroom Model at Deer Valley Apartments in the in the Village of Lake Bluff neighborhood starting from $2,581. The second greatest value Abbott Park apartment is the B1 Model at Forest Pointe Apartments starting at $2,212 with a $2.26 price per square foot in the Downtown Lake Forest neighborhood. Here is today’s list of the best values for Abbott Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deer Valley ApartmentsTwo Bedroom2BR,2BA$2.46
Forest Pointe ApartmentsB12BR,2BA$2.26
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.88
Madison West Apartments1 BR / 1 BA1BR,1BA$1.67
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$2.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Abbott Park, IL Rentals by Map

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See the most popular apartments and homes in Abbott Park, IL

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Frequently Asked Questions about Cheap Abbott Park Apartments

How much is rent for a Cheap One Bedroom Abbott Park Apartment?

The lowest price for a Cheap One Bedroom Abbott Park Apartment is $1,050 at LITTLE FORT APARTMENTS LLC.

What is the lowest price for a Cheap Two Bedroom Abbott Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Abbott Park is starting from $1,400 at Briarwood Apartments.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.