
Cheap Apartments for Rent in Lake County, IL from $400 (140 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake County.


Total Monthly Price
1021 Judge Ave, Unit 2nd Floor

2711 Galilee Ave

Cinnamon Lake Towers

Total Monthly Price
328 N Milwaukee Ave

14 Rushmore Rd

Horizon Village

Rosewood Round Lake

Patriot Oaks

Beechwood at the Preserve
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Brookside Knoll

Country Chalet Apartments

Antioch Manor Apartments

Madison West Apartments

Total Monthly Price
Imperial Tower Apartments

Briarwood Apartments

666 Central Ave, Unit Small Studio

2600 Elim Ave, Unit 3

Willow Wind

Wauconda Park Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Harbor Lake

Woodstone Village Apartments

Fox Crest

Liberty Towers

Kings Court Apartments

Total Monthly Price
311 Ida Ave, Unit C - Upper

336 N Green Bay Rd, Unit 336 n Green Bay Road

Heritage Green

Beech St Senior Lofts

Total Monthly Price
The Chateau Royale
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Woodlands Apartment Homes

Lakeview Terrace Apartments

4246 Hickory Hills Dr

Water's Edge Apartments

534 E Washington St

Anita Terrace Apartments

10 N Sheridan Rd.

Hinkston Pond Apartments

Moore Court Apartments

Coventry Glen Apartments
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.

Reserve at Eagle Ridge

Woodview Apartments

705 S Milwaukee Ave

2902 31st St

Park Butterfield Apartments

Deep Lake Hermitage

Royal Oak Condos & Willows of Greys Lake

The Lakes at Fountain Square Apartment Homes

Heritage Green Apartments

Carriage House Apartments LLC
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.
Lake County, IL Local Guide

How much does it cost to rent an apartment in Lake County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake County Studio Apartments | $1,975 | $675 | $7,511 |
| Lake County 1 Bedroom Apartments | $2,006 | $725 | $6,136 |
| Lake County 2 Bedroom Apartments | $2,676 | $950 | $10,000+ |
| Lake County 3 Bedroom Apartments | $4,097 | $1,050 | $9,612 |
| Lake County 4 Bedroom Apartments | $5,850 | $3,780 | $10,000+ |
Browse Apartments in Lake County
See all Apartments in LakeExplore Lake County
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. Sunset Village in the North Waukegan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Lake County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CASA Apartments - Waukegan | Studio | Studio,1BA | $675 |
| Sunset Village | 1BR/1.0BA | 1BR,1BA | $900 |
| Cinnamon Lake Towers | Studio | Studio,1BA | $1,025 |
| LITTLE FORT APARTMENTS LLC | LITTLE FORT APARTMENTS LLC - 411 | 1BR,1BA | $1,050 |
| Harbor View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,070 |
| Patriot Oaks | Studio 1 bathroom | 1BR,2BA | $1,121 |
| FOREST VIEW MANOR | FOREST VIEW MANOR - 02-20... | 1BR,1BA | $1,125 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
| BUTRICK ST. - 2023 | BUTRICK ST. - 2023 - #12 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Lake County, IL
As of August 16, 2026 the best value apartment in the Lake County area is the $0.22 price per square foot 611 Mulberry Pl Model at 611 Mulberry Pl, Unit 2nd floor in the in the Briergate Station neighborhood starting from $2,200. The second greatest value Lake County apartment is the Waiting List Model at Northline Apartments starting at $1,990 with a $1.52 price per square foot in the Downtown Libertyville neighborhood. Here is today’s list of the best values for Lake County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 611 Mulberry Pl, Unit 2nd floor | 611 Mulberry Pl | 3BR,1BA | $0.22 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| Harbor Lake | The Herron | 2BR,1BA | $1.39 |
| Water's Edge Apartments | 2 Bdrm/2 Bath | 2BR,2BA | $1.57 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| Country Chalet Apartments | 2 Bed 1 Bath Renovated | 2BR,1BA | $1.55 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.63 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| 1021 Judge Ave, Unit 2nd Floor | 1021 Judge Ave | 1BR,1BA | $1.17 |
| CASA Apartments - Waukegan | Studio | Studio ,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 CASA Apartments - Waukegan and starts from $1,050.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.