Cheap Apartments for Rent in Lake Villa, IL from $900 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Villa.

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Brookstone Apartments
1 to 2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
  • Utilities Included
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11236 258th Ct
1 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179

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1244 Main Street
1 to 2 Bedroom Apartments

1244 Main Street

1244 Main StAntioch, IL 60002
  • Utilities Included

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 09/16/2025

Current apartment rentals in the Lake Villa, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Lake Villa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Amber Shores$2,050$1,00218
Grant's Grove$3,914$1,00214
Heritage Park$3,914$1,26118

Cheapest Available Lake Villa Apartments for Rent

 

The cheapest available apartment rental in Lake Villa, IL is a 2 Beds unit found at Lakewood Tower in the Grant's Grove neighborhood priced from $1,200. Woodview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Lake Villa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Woodview Apartments1BR/1BA1BR,1BA$1,250
Starling Senior Apartments1 Bed 1 Bath (60%)1BR,1BA$1,261
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Grand OaksPine1BR,1BA$1,380
Grays Pointe Apartments1 Bedroom Platinum1BR,1BA$1,400
The Meadows Apartments LakemoorMarigold1BR,1BA$1,449
Brittany Square1A Bedroom1BR,1BA$1,465
The Preserve at Osprey LakeThe Starling IStudio,1BA$1,483
Luna ParkA-11BR,1BA$1,585

Best Value Apartments for Rent in Lake Villa, IL

As of September 16, 2025 the best value apartment in the Lake Villa area is the $1.73 price per square foot Accera Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,575. The second greatest value Lake Villa apartment is the Ravello Model at Clublands of Antioch starting at $2,655 with a $1.97 price per square foot in the Heritage Park neighborhood. Here is today’s list of the best values for Lake Villa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deercrest of AntiochAccera2BR,2.5BA$1.73
Clublands of AntiochRavello3BR,2BA$1.97
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
The Sanctuary of Lake VillaTwo Bedroom One Bath2BR,1BA$1.58
Breeze Terrace2D2BR,2BA$1.72
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Brittany Square1A Bedroom1BR,1BA$1.95
Grays Pointe Apartments1 Bedroom Platinum1BR,1BA$1.94
Woodview Apartments1BR/1BA1BR,1BA$1.92
Starling Senior Apartments1 Bed 1 Bath (60%)1BR,1BA$1.97

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Villa, IL Rentals by Map

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Getting Around Lake Villa, IL

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Lake Villa Apartments

What is the price of a cheap apartment in Lake Villa?

The cheapest apartment in Lake Villa is Woodview Apartments which is listed at $1,250, while the average apartment in Lake Villa costs $3,292.

What types of apartments are the cheapest in Lake Villa?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Lake Villa that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Villa?

Cheap apartments in Lake Villa have an average cost of $454 which is $2,838 cheaper than the average rent for all rentals in Lake Villa.

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.

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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.

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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.

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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.

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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.