
Cheap Homes for Rent in Lake Barrington, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Barrington.


157 Slocum Lake Rd
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.

200 Marlene Ct, Unit 3

2313 Silverstone Dr
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.

100 Clubhouse Ln, Unit 201
Lake Barrington, IL Local Guide

How much does it cost to rent a home in Lake Barrington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Barrington 2 Bedroom Homes for Rent | $2,257 | $1,425 | $3,197 |
| Lake Barrington 3 Bedroom Homes for Rent | $2,919 | $2,150 | $3,950 |
| Lake Barrington 4 Bedroom Homes for Rent | $4,684 | $2,975 | $8,400 |
Browse Top Homes for Rent in Lake Barrington
Explore Lake Barrington
Lake Barrington, IL Local Guide
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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 Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Lake Barrington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Lake Barrington, IL and Nearby
As of June 23, 2026 the best value apartment in the Lake Barrington area is the $1.86 price per square foot TH-A Model at Enclave Crystal Lake Townhomes and Apartments in the in the Park Place neighborhood starting from $3,125. The second greatest value Lake Barrington apartment is the Willowood Model at Redwood Crystal Lake starting at $2,699 with a $1.95 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Lake Barrington 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 | $1.86 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.95 |
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.94 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| Residence of Fairway Greens | 2.1.5B | 2BR,1.5BA | $1.95 |
| 118 Harding Ave, Unit FirstFloor | 118 Harding Ave | 2BR,1BA | $1.88 |
| Crystal Lake Apartments | 2 Bedroom Townhome with Firepl | 2BR,1BA | $1.96 |
| 121 Grove Ave, Unit #2 | 121 Grove Ave | 2BR,1BA | $1.67 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lake Barrington
What type of rentals are currently available in Lake Barrington?
There are currently 70 Apartments for Rent in Lake Barrington, IL with pricing that ranges from $1,200 to $3,698. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Barrington ranging from $1,210 to $8,400.
What is the current price range for Rental Homes in Lake Barrington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Barrington ranges from $1,210 to $8,400 with an average monthly rent of $2,866.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.