942 North Ave
WaukeganIL60085
Cheap Homes for Rent near Great Lakes, IL from $950 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Great Lakes.
2614 Grand Ave
WaukeganIL60085
2417 Sherman Ave
North ChicagoIL60064
1801 Victoria Ave
North ChicagoIL60064
1225 Jackson St
North ChicagoIL60064
332 West St
WaukeganIL60085
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.
826 N Milwaukee Ave
LibertyvilleIL60048
1103 Palmer Pl
WaukeganIL60085
1015 18th St
North ChicagoIL60064
520 N Milwaukee Ave
LibertyvilleIL60048
218 Washington St
WaukeganIL60085
2506 24th Pl
North ChicagoIL60064
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.
Showing Results 1-12, 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 a home in Great Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Great Lakes 2 Bedroom Homes for Rent | $2,409 | $1,300 | $4,700 |
| Great Lakes 3 Bedroom Homes for Rent | $3,460 | $1,795 | $6,000 |
| Great Lakes 4 Bedroom Homes for Rent | $6,340 | $4,200 | $9,000 |
| Great Lakes 5 Bedroom Homes for Rent | $7,300 | $3,300 | $10,000+ |
| Great Lakes 7 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Great Lakes
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Great Lakes, IL Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Great Lakes Apartments for Rent and Nearby
The cheapest available apartment rental in Great Lakes, IL is a 1 Bed unit found at FOREST VIEW MANOR in the North Center neighborhood priced from $1,125. The Oaks of Lake Bluff in the Downtown Lake Forest neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,625. Here is today’s list of the most affordable Great Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| FOREST VIEW MANOR | FOREST VIEW MANOR - 04-20... | 1BR,1BA | $1,125 |
| The Oaks of Lake Bluff | Two Bedroom | 2BR,1BA | $1,625 |
| Terrace Oaks Apartments | 2 Bedroom | 2BR,1BA | $1,650 |
| Forest Pointe Apartments | A2 | 1BR,1BA | $1,908 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $1,913 |
Best Value Apartments for Rent in Great Lakes, IL and Nearby
As of September 11, 2026 the best value apartment in the Great Lakes area is the $1.83 price per square foot 2 Bedroom Model at Terrace Oaks Apartments in the in the Downtown Lake Forest neighborhood starting from $1,650. The second greatest value Great Lakes apartment is the Two Bedroom Model at The Oaks of Lake Bluff starting at $1,625 with a $1.81 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. |
|---|---|---|---|
| Terrace Oaks Apartments | 2 Bedroom | 2BR,1.5BA | $1.83 |
| The Oaks of Lake Bluff | Two Bedroom | 2BR,1BA | $1.81 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2.64 |
| Forest Pointe Apartments | A2 | 1BR,1BA | $2.70 |
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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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Explore Great Lakes, IL Rentals by Map
See the most popular apartments and homes in Great Lakes, IL
Frequently Asked Questions about Great Lakes
What type of rentals are currently available in Great Lakes?
There are currently 68 Apartments for Rent in Great Lakes, IL with pricing that ranges from $1,175 to $2,602. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Great Lakes ranging from $950 to $25,000.
What is the current price range for Rental Homes in Great Lakes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Great Lakes ranges from $950 to $25,000 with an average monthly rent of $3,959.
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
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.