Cheap Apartments for Rent in Lake County, IL from $400 (134 Rentals)

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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

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Cheapest Available Lake County Apartments for Rent

 

The cheapest available apartment rental in Lake County, IL is a 1 Bed unit found at CASA Apartments - Waukegan in the North Waukegan neighborhood priced from $750. Cinnamon Lake Towers in the North Waukegan neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here is today’s list of the most affordable Lake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CASA Apartments - Waukegan1 Bdrm1BR,1BA$750
Cinnamon Lake TowersStudioStudio,1BA$1,025
10 N Sheridan Rd.0BR/1.0BAStudio,1BA$1,100
415 N Sheridan Rd415 N Sheridan RD1BR,1BA$1,100
Imperial Tower ApartmentsThe MichiganStudio,1BA$1,120
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150

Best Value Apartments for Rent in Lake County, IL

As of November 24, 2025 the best value apartment in the Lake County area is the $1.52 price per square foot 903 Main St Model at 903 Main St, Unit 1 in the in the Antioch Golf Club neighborhood starting from $2,200. 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$1.52
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
866 N Milwaukee Ave, Unit 1A866 N Milwaukee Ave2BR,1BA$1.45
Heritage Green2BR/1.5BA2BR,1.5BA$1.54
Woodstone Village Apartments2x1 9542BR,1BA$1.52
3602 16th St, Unit One bedroom second floor3602 16th St1BR,1BA$1.22
Kings Court Apartments1 bd1BR,1BA$1.44
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1.48
CASA Apartments - Waukegan1 Bdrm1BR,1BA$1.25

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 Cinnamon Lake Towers listed at $1,025.

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

The lowest price for a Cheap One Bedroom Lake County Apartment is $750 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 $1,150 at Linden Flats Apartments.

What is the most affordable Lake County Three Bedroom Apartment?

The best deal on a cheap Lake County Three Bedroom Apartment rental is at The Wheatlands and starts from $2,640.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.