Cheap Apartments for Rent in Lake Barrington, IL from $900 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lake Barrington.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Lake Barrington, IL Local Guide

Cheapest Available Lake Barrington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Barrington, IL is a 1 Bed unit found at The Clayson in the Cherrybrook Village neighborhood priced from $1,430. Eden Prairie Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Lake Barrington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Clayson1 Bedroom1BR,1BA$1,430
Eden Prairie Apartments1 Bed 1 Bath Renovated Ground Level1BR,1BA$1,495
Albion on NorthwestOak (A)1BR,1BA$1,500
Darlington Court Apartmentsone bed One bath1BR,1BA$1,534
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,585

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

As of February 05, 2026 the best value apartment in the Lake Barrington area is the $1.86 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,500. The second greatest value Lake Barrington apartment is the Meadowood Model at Redwood Volo starting at $2,541 with a $1.92 price per square foot in the Liberty Lakes - Freedom Series neighborhood. Here is today’s list of the best values for Lake Barrington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$1.86
Redwood VoloMeadowood2BR,2BA$1.92
Redwood Fox River GroveMeadowood2BR,2BA$2.05
Eastbanks of Lake Zurich2/22BR,2BA$1.79
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1.5BA$1.81
Skyridge Club ApartmentsSandpiper2BR,1BA$2.02
The Meadows Apartments LakemoorLaurel1BR,1BA$2.07
The Clayson1 Bedroom1BR,1BA$2.04

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
Decorative image

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 Article
Decorative image

Cash 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Barrington, IL Rentals by Map

View Map
Lake Barrington, IL Apartments Map
View Map
Lake Barrington, IL Rental Homes Map

Frequently Asked Questions about Cheap Lake Barrington Apartments

How much is rent for a Cheap One Bedroom Lake Barrington Apartment?

The lowest price for a Cheap One Bedroom Lake Barrington Apartment is $1,430 at The Clayson.

What is the lowest price for a Cheap Two Bedroom Lake Barrington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Barrington is starting from $1,520 at Eden Prairie Apartments.

What is the most affordable Lake Barrington Three Bedroom Apartment?

The best deal on a cheap Lake Barrington Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.