
Cheap Homes for Rent in Lakelawn Neighborhood of Joliet, IL from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakelawn area of Joliet.


226 N Broadway St, Unit 1, Unit 1

215 N Broadway St

257 Wilcox St, Unit 307, Unit 307

111 N Center St, Unit 2R, Unit 2R
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

508 S Des Plaines St

212 Madison St, Unit 2F, Unit 2F

255 Wilcox St, Unit 306, Unit 306

222 Madison St, Unit 3E, Unit 3E

253 Wilcox St, Unit 209, Unit 209
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.

509 Kungs Way
Lakelawn, Joliet, IL Local Guide

How much does it cost to rent a home in Lakelawn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakelawn 2 Bedroom Homes for Rent | $1,455 | $1,145 | $1,806 |
| Lakelawn 3 Bedroom Homes for Rent | $2,202 | $1,725 | $2,800 |
| Lakelawn 4 Bedroom Homes for Rent | $3,033 | $2,500 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lakelawn Neighborhood of Joliet, IL.
Explore Joliet
Lakelawn, Joliet, IL Local Guide
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Cheapest Available Lakelawn Apartments for Rent
 The cheapest available apartment rental in the Lakelawn area of Chicago, IL is a 1 Bed unit found at Stone Falls priced from $949. The Woodlands of Crest Hill has the second lowest priced unit, which is a Studio apartment currently listed from $1,169. Here are the most affordable Lakelawn apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR,1BA | $949 |
| The Woodlands of Crest Hill | Studio C | Studio,1BA | $1,169 |
| Bays Tower Apartments | Studio | 1BR,1BA | $1,250 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $1,359 |
| The View at Rock Run Collection | A4 | 1BR,1BA | $1,939 |
Best Value Apartments for Rent in Lakelawn, IL
As of April 12, 2026 the best value apartment in the Lakelawn area is the $0.86 price per square foot 511 W Jefferson St Model at 511 W Jefferson St, Unit 3 in the in the Sunset Point neighborhood starting from $1,225. The second greatest value Lakelawn apartment is the Two Bedroom, Luxury Package Model at Stone Falls starting at $1,259 with a $1.38 price per square foot in the Sunset Point neighborhood. Here is today’s list of the best values for Lakelawn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 511 W Jefferson St, Unit 3 | 511 W Jefferson St | 3BR,1BA | $0.86 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| The View at Rock Run Collection | A4 | 1BR,1BA | $2.55 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,1BA | $2.27 |
| Bays Tower Apartments | Studio | 1BR,1BA | $3.25 |
| The Woodlands of Crest Hill | Studio C | Studio ,1BA | $3.13 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 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
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.
Best Local Schools in Lakelawn, Joliet, IL
Joliet West High School
School data provided by Great Schools
Frequently Asked Questions about Lakelawn
What type of rentals are currently available in Lakelawn?
There are currently 131 Apartments for Rent in Lakelawn, IL with pricing that ranges from $895 to $3,065. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakelawn ranging from $1,045 to $4,000.
What is the current price range for Rental Homes in Lakelawn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakelawn ranges from $1,045 to $4,000 with an average monthly rent of $1,983.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.