236 Forest Dr
Island LakeIL60042
Cheap Homes for Rent in Island Lake, IL from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Island Lake.
4301 W Shamrock Ln
McHenryIL60050
4314 W Shamrock Ln
McHenryIL60050
4302 W Shamrock Ln
McHenryIL60050
26895 Bernice St
WaucondaIL60084
26895 Bernice St
WaucondaIL60084
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.
423 Berkshire Dr
Crystal LakeIL60014
37439 N Lake Shore Dr
Lake VillaIL60046
4304 W Shamrock Ln
McHenryIL60050
112 Hazel Ct
Island LakeIL60042
5221 Palm St
McHenryIL60051
259 Lippincott Ln
Fox LakeIL60020
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.
238 S Sheridan Rd
LakemoorIL60051
Showing Results 1-13, Page 1 of 1
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 | $2,126 | $1,650 | $3,000 |
| Island Lake 3 Bedroom Homes for Rent | $2,726 | $2,000 | $3,500 |
| Island Lake 4 Bedroom Homes for Rent | $3,774 | $2,795 | $4,500 |
Browse Top Homes for Rent in Island Lake
Explore Island Lake
Island Lake, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Island Lake Apartments for Rent
The cheapest available apartment rental in Island Lake, IL is a 1 Bed unit found at Fawn Ridge Apartments in the Lincoln Hills neighborhood priced from $1,210. 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 |
|---|---|---|---|
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1,210 |
| Patriot Oaks (FKA Timber Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Moore Court Apartments | 1BR/1BA DEN | 1BR,1BA | $1,375 |
| The Blake at Fox River | Ellory Terrace | 1BR,1BA | $1,490 |
| Beech St Senior Lofts | 2 Bedroom | 2BR,1BA | $1,503 |
Best Value Apartments for Rent in Island Lake, IL
As of November 13, 2025 the best value apartment in the Island Lake area is the $1.83 price per square foot TH-A Model at Enclave Crystal Lake Townhomes and Apartments in the in the Park Place neighborhood starting from $3,075. The second greatest value Island Lake apartment is the Willowood Model at Redwood Crystal Lake starting at $2,599 with a $1.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Enclave Crystal Lake Townhomes and Apartments | TH-A | 2BR,2.5BA | $1.83 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Coventry Glen Apartments | 2 Bdrm/2 Bath-1st FlrS | 2BR,2BA | $1.62 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.77 |
| Residence of Fairway Greens | FGB2 Two Bed One Bath | 2BR,1BA | $1.82 |
| Beech St Senior Lofts | 2 Bedroom | 2BR,1BA | $1.65 |
| Moore Court Apartments | 1BR/1BA DEN | 1BR,1BA | $1.72 |
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1.69 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Island Lake area?
If you’re an expert on all things Island Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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!
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 $1,162 to $3,867. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Island Lake ranging from $1,200 to $4,500.
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 $1,200 to $4,500 with an average monthly rent of $2,484.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.