Cheap Apartments for Rent near Lake Of The Woods, IL from $533 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Of The Woods.

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.

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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.

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Colony Court
$1,135 - $1,285
Total Monthly Price

Total Monthly Price

Base Rent
$1,135 - $1,285
Total Monthly Price
$1,135 - $1,285
2 to 3 Bedroom Apartments Available Now

Colony Court

502 S Mattis AveChampaign, IL 61821
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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.

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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.

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Showing Results 1-31, Page 1 of 1

Cheapest Available Lake Of The Woods Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Of The Woods, IL is a 1 Bed unit found at Parker Glen priced from $533. Twin Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lake Of The Woods apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parker Glen1Bdrm1BR,1BA$533
Twin Oaks2423 W. Bradley Ave1BR,1BA$800
Windcrest Apartments1 Bedroom / 1 Bathroom1BR,1BA$800
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$830
Garden Court2 Bed / 1.5 Bath2BR,1BA$850
Wellington Place1 Bedroom on the 1st floor1BR,1BA$900
Park VistaTwo Bedroom2BR,1BA$925
Colonial VillageCharleston2BR,1BA$950
611 W University Ave1 Bed, 1 Bath1BR,1BA$1,100
Stonegate Village by Royse + BrinkmeyerThe Sandstone2BR,1BA$1,110

Best Value Apartments for Rent in Lake Of The Woods, IL and Nearby

As of August 21, 2026 the best value apartment in the Lake Of The Woods area is the $1.08 price per square foot 3 Bedroom Townhome (Standard Unit) Model at Tuscany Ridge Townhomes in the starting from $1,375. The second greatest value Lake Of The Woods apartment is the 3 Bedroom 2 Bath Model at Town Center Apartments starting at $830 with a $0.70 price per square foot . Here is today’s list of the best values for Lake Of The Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Ridge Townhomes3 Bedroom Townhome (Standard Unit)3BR,2.5BA$1.08
Town Center Apartments3 Bedroom 2 Bath3BR,2BA$0.70
Prestwick Point Apartments2-Bedroom, 2-Bath Unit!2BR,2BA$1.27
Colony CourtThree Bedroom3BR,1BA$1.19
Prairieview Rd 307 North2BR/1.0BA2BR,1BA$1.18
Stonegate Village by Royse + BrinkmeyerThe Sandstone - Unique2BR,1.5BA$1.17
Park VistaThree Bedroom (Remodeled)3BR,1BA$1.31
Colonial VillageCharleston2BR,1BA$1.03
Garden Court2 Bed / 1.5 Bath2BR,1.5BA$1.03
Parker Glen1Bdrm1BR,1BA$0.72

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 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.

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.