Cheap Homes for Rent in Lake County, IL from $800 (53 Rentals)

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

property at 2475 Waterbury Ln

2475 Waterbury Ln

Buffalo GroveIL60089
property at 3305 Sunset Ave

3305 Sunset Ave

WaukeganIL60087

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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. Sunset Village in the North Waukegan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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
Sunset Village1BR/1.0BA1BR,1BA$875
Country Chalet Apartments1 Bed 1 Bath1BR,1BA$1,030
Linden Flats Apartments1 BR/1 BTH1BR,1BA$1,135
Heritage Green1BR/1BA1BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150
Woodstone Village Apartments1x1 6951BR,1BA$1,200
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Woodview Apartments1BR/1BA1BR,1BA$1,250

Best Value Apartments for Rent in Lake County, IL

As of August 04, 2025 the best value apartment in the Lake County area is the $1.04 price per square foot 2409 Gilboa Ave Model at 2409 Gilboa Ave, Unit 1 in the in the Shepherds Crossing neighborhood starting from $2,500. The second greatest value Lake County apartment is the Waiting List Model at Northline Apartments starting at $1,975 with a $1.51 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.
2409 Gilboa Ave, Unit 12409 Gilboa Ave4BR,1.5BA$1.04
Northline ApartmentsWaiting List2BR,2BA$1.51
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Sunset Village1BR/1.0BA1BR,1BA$1.09
Kings Court Apartments1 bd1BR,1BA$1.44
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Heritage Green1BR/1BA1BR,1BA$1.53
Country Chalet Apartments1 Bed 1 Bath1BR,1BA$1.37
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 768 Apartments for Rent in Lake County, IL with pricing that ranges from $700 to $16,603. There are also 321 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $800 to $19,500.

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 $800 to $19,500 with an average monthly rent of $5,270.

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 $1,700 to $16,603, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $9,775. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,500.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.