Cheap Apartments for Rent in Lake County, IL from $400 (140 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
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
328 N Milwaukee Ave
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
Studio Apartment Available Sep 1

328 N Milwaukee Ave

328 N Milwaukee AveLibertyville, IL 60048

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.

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.

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.

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.

property at 2902 31st St

$1,400

2 Bedroom Rentals

Available Now

2902 31st St

ZionIL60099

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.

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 ListingModel NameBed/BathPriced From
CASA Apartments - WaukeganStudioStudio,1BA$675
Sunset Village1BR/1.0BA1BR,1BA$900
Cinnamon Lake TowersStudioStudio,1BA$1,025
LITTLE FORT APARTMENTS LLCLITTLE FORT APARTMENTS LLC - 4111BR,1BA$1,050
Harbor View Apartments1 Beds, 1 Baths1BR,1BA$1,070
Patriot OaksStudio 1 bathroom1BR,2BA$1,121
FOREST VIEW MANORFOREST VIEW MANOR - 02-20...1BR,1BA$1,125
Briarwood Apartments1BR/1BA1BR,1BA$1,175
BUTRICK ST. - 2023BUTRICK ST. - 2023 - #121BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
611 Mulberry Pl, Unit 2nd floor611 Mulberry Pl3BR,1BA$0.22
Northline ApartmentsWaiting List2BR,2BA$1.52
Harbor LakeThe Herron2BR,1BA$1.39
Water's Edge Apartments2 Bdrm/2 Bath2BR,2BA$1.57
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1.56
Country Chalet Apartments2 Bed 1 Bath Renovated2BR,1BA$1.55
Willow Wind1 bedroom1BR,1BA$1.63
Kings Court Apartments1 bd1BR,1BA$1.56
1021 Judge Ave, Unit 2nd Floor1021 Judge Ave1BR,1BA$1.17
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 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.