Cheap 2 Bedroom Apartments for Rent in Island Lake, IL from $1,500 (4 Rentals)
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.

Wauconda Park Apartments
The 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.
Island Lake, IL Local Guide

How much does it cost to rent an apartment in Island Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Island Lake Studio Apartments | $2,284 | $1,592 | $3,759 |
Island Lake 1 Bedroom Apartments | $1,795 | $1,100 | $2,981 |
Island Lake 2 Bedroom Apartments | $2,265 | $1,500 | $3,500 |
Island Lake 3 Bedroom Apartments | $2,909 | $1,500 | $3,892 |
Explore Island Lake
Island Lake, IL Local Guide
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Quick Rent Budget Calculator
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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.
Pet Friendly Lifestyle
Ranked #
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Island Lake, IL
Walk Score®
37 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Island Lake Apartments
How much is rent for a Cheap One Bedroom Island Lake Apartment?
The lowest price for a Cheap One Bedroom Island Lake Apartment is $1,500 at Wauconda Park Apartments.
What is the lowest price for a Cheap Two Bedroom Island Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Island Lake is starting from $1,500 at Wauconda Park Apartments.
What is the most affordable Island Lake Three Bedroom Apartment?
The best deal on a cheap Island Lake Three Bedroom Apartment rental is at Wauconda Park Apartments and starts from $1,500.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.