
Cheap Apartments for Rent in the Park Place Neighborhood of Crystal Lake, IL from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Crystal Lake.


The Church Street Apartments

Randall Village

Skyridge Club Apartments

Residence of Fairway Greens

Brandy Drive Apartments
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.

Darlington Court Apartments

Country Meadows

Buckingham Court

Riverwalk on Main

Wood Creek Village

300 Village Creek Dr
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.

Westview Crossing

The Residences of Lake in the Hills Senior 55

Melody Living Lake in the Hills

122-140 Main St

Arrowhead Apartments

The Oaks at Algonquin
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Park Place, Crystal Lake, IL Local Guide

How much does it cost to rent an apartment in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place Studio Apartments | $1,610 | $1,610 | $1,610 |
| Park Place 1 Bedroom Apartments | $2,010 | $1,400 | $2,365 |
| Park Place 2 Bedroom Apartments | $2,624 | $1,690 | $3,247 |
| Park Place 3 Bedroom Apartments | $5,364 | $1,900 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the Park Place Neighborhood of Crystal Lake, IL.
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Park Place, Crystal Lake, IL Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Crystal Lake, IL is a Studio unit found at Enclave Crystal Lake Townhomes and Apartments priced from $1,610. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,615. Here are the most affordable Park Place apartments for rent in Crystal Lake, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Enclave Crystal Lake Townhomes and Apartments | S1 | Studio,1BA | $1,610 |
| Randall Village | The Chagall | 1BR,1BA | $1,615 |
| Skyridge Club Apartments | Sandpiper | 2BR,1BA | $1,690 |
| Water's Edge | The Quarry | 1BR,1BA | $2,020 |
Best Value Apartments for Rent in Park Place, IL
As of May 31, 2026 the best value apartment in the Park Place area is the $2.12 price per square foot The Picasso B Model at Randall Village in the in the Park Place neighborhood starting from $1,945. The second greatest value Park Place apartment is the The Quarry Model at Water's Edge starting at $2,020 with a $2.22 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Randall Village | The Picasso B | 1BR,1BA | $2.12 |
| Water's Edge | The Quarry | 1BR,1BA | $2.22 |
| Skyridge Club Apartments | Sandpiper | 2BR,1BA | $1.99 |
| Enclave Crystal Lake Townhomes and Apartments | S1 | Studio ,1BA | $2.90 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Park Place, Crystal Lake, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Park Place Apartments
How much is rent for a Cheap One Bedroom Park Place Apartment?
The lowest price for a Cheap One Bedroom Park Place Apartment is $1,615 at Randall Village.
What is the lowest price for a Cheap Two Bedroom Park Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Place is starting from $1,690 at Skyridge Club Apartments.
What is the most affordable Park Place Three Bedroom Apartment?
The best deal on a cheap Park Place Three Bedroom Apartment rental is at Enclave Crystal Lake Townhomes and Apartments and starts from $3,380.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.