Cheap Homes for Rent in Island Lake, IL from $1,100 (16 Rentals)

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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.

property at 4311 IL-176

4311 IL-176

Crystal LakeIL60014

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

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. Taylor Place in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,325. 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
Taylor Place2br 2ba2BR,2BA$1,325
Fawn Ridge ApartmentsSummit1BR,1BA$1,460
The Blake at Fox RiverEllory Terrace1BR,1BA$1,584
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,606

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

As of September 18, 2025 the best value apartment in the Island Lake area is the $1.95 price per square foot Willowood Model at Redwood Fox River Grove in the in the Rawson Bridge neighborhood starting from $2,699. The second greatest value Island Lake apartment is the 2/2 Model at Eastbanks of Lake Zurich starting at $2,209 with a $1.76 price per square foot in the Hawthorn Woods Country Club 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.
Redwood Fox River GroveWillowood2BR,2BA$1.95
Eastbanks of Lake Zurich2/22BR,2BA$1.76
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Taylor Place2br 2ba2BR,2BA$1.28
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1BA$1.76
Darlington Court Apartments2 Bedroom/1.5 Bath2BR,1.5BA$1.66
Fawn Ridge ApartmentsSummit1BR,1BA$2.04
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$2.09

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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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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 $3,867. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lake ranging from $1,195 to $4,600.

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 $1,195 to $4,600 with an average monthly rent of $2,386.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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.