Cheap Apartments for Rent in Island Lake, IL from $900 (19 Rentals)

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Cotton Creek Apartments
2 Bedroom Apartments

Cotton Creek Apartments

517-525 E Burnett RdIsland Lake, IL 60042
  • Utilities Included

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Taylor Place
1 to 3 Bedroom Apartments

Taylor Place

4103 W Crystal Lake RdMcHenry, IL 60050
  • Utilities Included
Showing Results 1-19, Page 1 of 1

Island Lake, IL Local Guide

Cheapest Available Island Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Island Lake, IL is a 1 Bed unit found at Timber Oaks (Patriot Oaks) in the Amber Shores neighborhood priced from $1,307. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,308. Here is today’s list of the most affordable Island Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Fawn Ridge ApartmentsHillshire2BR,1BA$1,308
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1,363
Wauconda Park Apartments2 bed / 1 bath2BR,1BA$1,500
The Blake at Fox RiverSterling1BR,1BA$1,600

Best Value Apartments for Rent in Island Lake, IL and Nearby

As of August 03, 2025 the best value apartment in the Island Lake area is the $1.20 price per square foot 1 Bedroom Model at The Church Street Apartments in the in the Park Place neighborhood starting from $1,800. The second greatest value Island Lake apartment is the 3 Bedroom Model at The Schoolhouse Apartments starting at $1,999 with a $1.33 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Island Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Church Street Apartments1 Bedroom1BR,1BA$1.20
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.33
Eastbanks of Lake Zurich2/22BR,2BA$1.77
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1BA$1.90
Crystal Lake Apartments2 Bedroom Townhome with Firepl2BR,1BA$1.96
Wauconda Park Apartments2 bed / 1 bath2BR,1BA$1.67
Randall VillageThe Monet1BR,1BA$1.97
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1.92

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Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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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 $1,307 at Timber Oaks (Patriot Oaks).

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 $1,308 at Fawn Ridge 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 Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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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.

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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.

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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.