Cheap Homes for Rent in Lake County, IL from $500 (61 Rentals)

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property at 3305 Sunset Ave

3305 Sunset Ave

WaukeganIL60087

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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property at 3305 Sunset Ave

3305 Sunset Ave

WaukeganIL60087

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.

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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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property at 723 S Lake St

723 S Lake St

MundeleinIL60060
Showing Results 1-50, Page 1 of 2

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 $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
Sunset Village1BR/1.0BA1BR,1BA$1,025
Sheridan Center ApartmentsOne Bedroom1BR,1BA$1,085
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Lakeside Village Apartments0 BED / 1.0 BATH, 343 SQ FT - MID LEVELStudio,1BA$1,195
Woodstone Village Apartments1x1 6951BR,1BA$1,200
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Imperial Tower ApartmentsThe Park PlaceStudio,1BA$1,247

Best Value Apartments for Rent in Lake County, IL

As of September 20, 2025 the best value apartment in the Lake County area is the $1.28 price per square foot 125 W Park Ave Model at 125 W Park Ave, Unit 2 in the in the Central Vernon Hills neighborhood starting from $2,295. The second greatest value Lake County apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,850 with a $1.48 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.
125 W Park Ave, Unit 2125 W Park Ave3BR,2BA$1.28
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
2135 Kemble Ave, Unit 2nd floor 2bedroom2135 Kemble Ave2BR,1BA$1.27
1727 Lincoln St, Unit 1B1727 Lincoln St1BR,1BA$1.35
Residences at Fountain SquareThe Chatsworth2BR,1BA$1.48
Sunset Village1BR/1.0BA1BR,1BA$1.28
Kings Court Apartments1 bd1BR,1BA$1.44
Linden Flats Apartments2 BR- 1 BTH2BR,1BA$1.48
Sheridan Center ApartmentsOne Bedroom1BR,1BA$1.45
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 781 Apartments for Rent in Lake County, IL with pricing that ranges from $750 to $16,077. There are also 420 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $240 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 $240 to $19,500 with an average monthly rent of $5,712.

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 $1,500 to $16,077, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,690.

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 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.

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.