Cheap Apartments for Rent in Lake County, IL from $400 (139 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
432 N Milwaukee Ave, Unit C
$1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,325
Total Monthly Price
$1,325
1 Bedroom Apartment Available Now

432 N Milwaukee Ave, Unit C

432 N Milwaukee AveLibertyville, IL 60048
Cost Per Sq.Ft.
  • Smoke Free

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-50, Page 1 of 3

Cheapest Available Lake County Apartments for Rent

 

The cheapest available apartment rental in Lake County, IL is a Studio unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $675. Brookside Knoll in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CASA Apartments - WaukeganStudioStudio,1BA$675
Brookside KnollTwo Bedroom2BR,1BA$975
Sunset Village1BR/1.0BA1BR,1BA$1,000
Cinnamon Lake TowersStudioStudio,1BA$1,025
Park Trail Apartments1 Bed 1 Bath B1BR,1BA$1,135
Kings Court Apartments1 bd1BR,1BA$1,150
Harbor LakeThe Guppy1BR,1BA$1,170
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Woodstone Village Apartments1x1 6951BR,1BA$1,200

Best Value Apartments for Rent in Lake County, IL

As of March 09, 2026 the best value apartment in the Lake County area is the $1.34 price per square foot 903 Main St Model at 903 Main St, Unit 1 in the starting from $1,950. The second greatest value Lake County apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,900 with a $1.52 price per square foot in the Amber Shores neighborhood. Here is today’s list of the best values for Lake County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
903 Main St, Unit 1903 Main St2BR,1BA$1.34
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
2037 Gabriel Ave, Unit 2nd Floor2037 Gabriel Ave3BR,1BA$1.55
432 N Milwaukee Ave, Unit C432 N Milwaukee Ave1BR,1BA$1.33
1520 Westmoreland Ave, Unit 2 Bedroom Apartment1520 Westmoreland Ave2BR,1BA$1.47
Rosewood Apartments2 Bedroom2BR,1BA$1.32
Brookside KnollTwo Bedroom2BR,1BA$1.14
Kings Court Apartments1 bd1BR,1BA$1.44
Park Trail Apartments1 Bed 1 Bath B1BR,1BA$1.51
CASA Apartments - WaukeganStudioStudio ,1BA$1.35

Frequently Asked Questions about Cheap Lake County Apartments

What is the Cheapest Studio apartment in Lake County?

Currently the most affordable Cheap Studio Apartment in Lake County is at CASA Apartments - Waukegan listed at $675.

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

The lowest price for a Cheap One Bedroom Lake County Apartment is $775 at CASA Apartments - Waukegan.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake County is starting from $950 at CASA Apartments - Waukegan.

What is the most affordable Lake County Three Bedroom Apartment?

The best deal on a cheap Lake County Three Bedroom Apartment rental is at Brookside Knoll and starts from $1,012.

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.