4301 W Shamrock Ln
McHenryIL60050
Cheap Homes for Rent in Island Lake, IL from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Island Lake.
228 S Church St
WaucondaIL60084
3 E Main St
CaryIL60013
4314 W Shamrock Ln
McHenryIL60050
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.
4302 W Shamrock Ln
McHenryIL60050
14 Lincoln Pkwy
Crystal LakeIL60014
106 E State Road 2
Island LakeIL60042
8411 Abbott Ln
CaryIL60013
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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Island Lake, IL Local Guide
Welcome sign by Mark Goebel is licensed under CC BY 2.0
How much does it cost to rent a home in Island Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Lake 2 Bedroom Homes for Rent | $2,069 | $1,550 | $2,600 |
| Island Lake 3 Bedroom Homes for Rent | $2,662 | $1,850 | $3,900 |
| Island Lake 4 Bedroom Homes for Rent | $3,159 | $2,200 | $3,500 |
| Island Lake 5 Bedroom Homes for Rent | $13,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Island Lake
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Island Lake, IL Local Guide
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Cheapest Available Island Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Island Lake, IL is a 2 Beds unit found at Rosewood Apartments priced from $1,244. Patriot Oaks (FKA Timber Oaks) in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Island Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1,244 |
| Patriot Oaks (FKA Timber Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Coventry Glen Apartments | 2 Bdrm/2 Bath-2nd FlrS | 2BR,2BA | $1,335 |
Best Value Apartments for Rent in Island Lake, IL and Nearby
As of February 21, 2026 the best value apartment in the Island Lake area is the $1.42 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,915. The second greatest value Island Lake apartment is the Meadowood Model at Redwood Volo starting at $2,575 with a $1.94 price per square foot in the Liberty Lakes - Freedom Series neighborhood. Here is today’s list of the best values for Island Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Redwood Volo | Meadowood | 2BR,2BA | $1.94 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.77 |
| Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1.5BA | $1.81 |
| Crystal Lake Apartments | 2 Bedroom Townhome | 2BR,1BA | $1.95 |
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1.32 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Moore Court Apartments | 1BR/1BA DEN | 1BR,1BA | $1.72 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-2nd FlrP | 1BR,1BA | $1.91 |
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
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Explore Island Lake, IL Rentals by Map
See the most popular apartments and homes in Island Lake, IL
Frequently Asked Questions about Island Lake
What type of rentals are currently available in Island Lake?
There are currently 56 Apartments for Rent in Island Lake, IL with pricing that ranges from $1,100 to $3,892. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lake ranging from $1,295 to $13,000.
What is the current price range for Rental Homes in Island Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Island Lake ranges from $1,295 to $13,000 with an average monthly rent of $3,944.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.