Cheap Homes for Rent in Lake County, IL from $950 (72 Rentals)

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

property at 3305 Sunset Ave
$1,190

Total Monthly Price

Base Rent$1,190

Total Monthly Price$1,190
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

3305 Sunset Ave

WaukeganIL60087
property at 2541 Gilead Ave
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

2541 Gilead Ave, Unit 1st Floor

2541 Gilead Ave
ZionIL60099
  • Smoke Free

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property at 1724 N Ash St
$1,650

Total Monthly Price

Base Rent$1,650

Total Monthly Price$1,650
3 Bedroom, 1.5 Bath Townhome for Rent
Available Now

1724 N Ash St, Unit 1724

1724 N Ash St
WaukeganIL60085
property at 1147 Deerfield Rd
$1,675

Total Monthly Price

Base Rent$1,675

Total Monthly Price$1,675
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1147 Deerfield Rd, Unit B

1147 Deerfield Rd
DeerfieldIL60015
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Best Value Homes for Rent in Lake County, IL

As of September 24, 2026 the best value rental home in the Lake County area is the $1.25 price per square foot 277 W Biros Ln Model at 277 W Biros Ln in the Liberty Lakes - Freedom Series neighborhood starting from $3,500. The second greatest value Lake County rental home is the 37483 Illinois Rte 59 Model at 37483 Illinois Rte 59 in the Amber Shores neighborhood starting at $3,500 with a $1.25 price per square foot. Here is today’s list of the best values for Lake County homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
277 W Biros Ln277 W Biros Ln4BR, 3BA$1.25
37483 Illinois Rte 5937483 Illinois Rte 596BR, 3BA$1.25
1998 N Karen Ln1998 N Karen Ln4BR, 3BA$1.25
154 Wildflower Ln154 Wildflower Ln4BR, 3BA$1.25
870 Waterview Dr870 Waterview Dr3BR, 2.5BA$1.25
357 Waterbury Dr357 Waterbury Dr5BR, 3.5BA$1.35
34734 N Long Ave34734 N Long Ave4BR, 3BA$1.05
1657 Fairport Dr1657 Fairport Dr4BR, 3BA$1.41
2506 24th Pl2506 24th Pl3BR, 1BA$1.33
2541 Gilead Ave, Unit 1st Floor2541 Gilead Ave2BR, 1BA$1.41

Frequently Asked Questions about Lake County

What type of rentals are currently available in Lake County?

There are currently 796 Apartments for Rent in Lake County, IL with pricing that ranges from $675 to $12,369. There are also 357 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake County ranging from $950 to $25,000.

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 $950 to $25,000 with an average monthly rent of $3,143.

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 $1,050 to $8,051, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,500.

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 How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.