Cheap Homes for Rent in Lake County, IL from $800 (73 Rentals)

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Search the lowest-cost Homes 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.

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property at 714 Helmholz Ave

714 Helmholz Ave

WaukeganIL60085

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 26895 Bernice St

26895 Bernice St

WaucondaIL60084

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.

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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.

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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 Lake County

What type of rentals are currently available in Lake County?

There are currently 794 Apartments for Rent in Lake County, IL with pricing that ranges from $750 to $16,077. There are also 411 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $875 to $12,500.

What is the current price range for Rental Homes in Lake County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake County ranges from $875 to $12,500 with an average monthly rent of $3,534.

How much are larger Three and Four Bedroom Rentals in Lake County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake County range from $1,499 to $16,077, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,415.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.