
Cheap Homes for Rent in Gages Lake, IL from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Gages Lake.


6175 W Grand Ave

6175 W Grand Ave, Unit 1002- Studio

614 Dunham Rd

389 Meadow Green Ln
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.

6175 W Grand Ave, Unit 1001- 1 BD 2BA

1724 N Green Bay Rd

25 Keller Ave N

426 Alpine Dr

711 S Milwaukee Ave
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.
Gages Lake, IL Local Guide

How much does it cost to rent a home in Gages Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gages Lake 2 Bedroom Homes for Rent | $2,232 | $1,875 | $2,750 |
| Gages Lake 3 Bedroom Homes for Rent | $2,695 | $2,000 | $3,700 |
| Gages Lake 4 Bedroom Homes for Rent | $3,552 | $2,350 | $5,200 |
| Gages Lake 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
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Gages Lake, IL Local Guide
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Cheapest Available Gages Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Gages Lake, IL is a Studio unit found at Cinnamon Lake Towers in the North Waukegan neighborhood priced from $1,025. Imperial Tower Apartments in the Norshore Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable Gages Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| Imperial Tower Apartments | The Michigan | Studio,1BA | $1,125 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Gages Lake, IL and Nearby
As of June 12, 2026 the best value apartment in the Gages Lake area is the $1.52 price per square foot Waiting List Model at Northline Apartments in the in the Downtown Libertyville neighborhood starting from $1,990. The second greatest value Gages Lake apartment is the Two Bedroom Model at Deer Valley Apartments starting at $1,772 with a $1.69 price per square foot in the North Center neighborhood. Here is today’s list of the best values for Gages Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| Deer Valley Apartments | Two Bedroom | 2BR,2BA | $1.69 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Fox Crest | Fox Den | 2BR,1.5BA | $1.75 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Moore Court Apartments | 1BR/1BA DEN | 1BR,1BA | $1.72 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.75 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Gages Lake
What type of rentals are currently available in Gages Lake?
There are currently 53 Apartments for Rent in Gages Lake, IL with pricing that ranges from $1,025 to $4,466. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gages Lake ranging from $1,190 to $5,200.
What is the current price range for Rental Homes in Gages Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gages Lake ranges from $1,190 to $5,200 with an average monthly rent of $2,449.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.