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Cheap Apartments for Rent in Great Lakes, IL from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Great Lakes.
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$1,445 - $2,0401 to 2 Bedroom Apartments Available Nov 7
Forest Pointe
29533 N Waukegan RdLake Bluff, IL 60044
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$1,495 - $1,6152 Bedroom Apartments Available Nov 4
The Oaks of Lake Bluff
601 W Washington AveLake Bluff, IL 60044
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$1,385 - $1,6251 to 2 Bedroom Apartments Available Now
Terrace Oaks Apartments
501-506 Smith RdLake Bluff, IL 60044
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$1,633 - $2,7711 to 2 Bedroom Apartments Available Now
Deer Valley Apartments
30011 N Waukegan RdLake Bluff, IL 60044
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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-32, Page 1 of 1
Great Lakes, IL Local Guide
Lake Michigan by Rachel Kramer is licensed under CC BY 2.0
How much does it cost to rent an apartment in Great Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Great Lakes 1 Bedroom Apartments | $1,652 | $925 | $1,968 |
| Cheap Great Lakes 2 Bedroom Apartments | $2,032 | $1,490 | $2,698 |
Browse Top Apartments in Great Lakes
See all Apartments in Great LakesExplore Great Lakes
Great Lakes, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Great Lakes Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terrace Oaks Apartments | 2 Bedroom | 2BR,1BA | $1,595 |
| Deer Valley Apartments | One BR Premium Renovation | 1BR,1BA | $1,968 |
Best Value Apartments for Rent in Great Lakes, IL
As of November 01, 2025 the best value apartment in the Great Lakes area is the $1.24 price per square foot 670 S Martin Luther King Jr Ave Model at 670 S Martin Luther King Jr Ave, Unit #1 in the in the Waukegan Downtown neighborhood starting from $1,490. The second greatest value Great Lakes apartment is the 2 Bedroom Model at Terrace Oaks Apartments starting at $1,595 with a $1.77 price per square foot in the Downtown Lake Forest neighborhood. Here is today’s list of the best values for Great Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 670 S Martin Luther King Jr Ave, Unit #1 | 670 S Martin Luther King Jr Ave | 2BR,1BA | $1.24 |
| Terrace Oaks Apartments | 2 Bedroom | 2BR,1.5BA | $1.77 |
| Deer Valley Apartments | One BR Premium Renovation | 1BR,1BA | $2.70 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Great Lakes, IL Rentals by Map
See the most popular apartments and homes in Great Lakes, IL
Getting Around Great Lakes, IL
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
45 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Great Lakes Apartments
How much is rent for a Cheap One Bedroom Great Lakes Apartment?
The lowest price for a Cheap One Bedroom Great Lakes Apartment is $1,958 at Deer Valley Apartments.
What is the lowest price for a Cheap Two Bedroom Great Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Great Lakes is starting from $1,595 at Terrace Oaks Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.