Cheap Apartments for Rent in Lake Villa, IL from $1,100 (38 Rentals)

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

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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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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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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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
Student Housing
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1244 Main Street
1 to 2 Bedroom Apartments

1244 Main Street

1244 Main StAntioch, IL 60002
  • Utilities Included

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 1-38, Page 1 of 1

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 09/09/2026

Current apartment rentals in the Lake Villa, IL area range in price from $1,070 to $8,400 with an overall median price of $2,211. Here is today’s list neighborhoods with the lowest median pricing for Lake Villa Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Amber Shores$1,550$1,07054
Grant's Grove$2,900$1,31525
Heritage Park$3,445$1,31515

Cheapest Available Lake Villa Apartments for Rent

 

The cheapest available apartment rental in Lake Villa, IL is a 1 Bed unit found at Harbor View Apartments in the Amber Shores neighborhood priced from $1,070. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. Here is today’s list of the most affordable Lake Villa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Harbor View Apartments1 Beds, 1 Baths1BR,1BA$1,070
Patriot OaksStudio 1 bathroom1BR,2BA$1,121
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1,300
Woodview Apartments1BR/1BA1BR,1BA$1,400
Bristol Cove Apartments LLC2BR/1.5BA2BR,1BA$1,500
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1,500
Luna ParkA-11BR,1BA$1,575
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1,580
The Preserve at Osprey LakeThe Starling IStudio,1BA$1,596
Pembrook Club Apartment HomesWindsor1BR,1BA$1,704

Best Value Apartments for Rent in Lake Villa, IL

As of September 09, 2026 the best value apartment in the Lake Villa area is the $1.76 price per square foot Accera End Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,630. The second greatest value Lake Villa apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $2,050 with a $1.64 price per square foot in the Amber Shores 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 AntiochAccera End2BR,2.5BA$1.76
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.64
The Sanctuary of Lake VillaTwo Bedroom Two Bath2BR,2BA$1.72
Bristol Cove Apartments LLC2BR/1.5BA2BR,1.5BA$1.25
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$1.56
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.72
Breeze Terrace1B1BR,1BA$1.99
Luna ParkB-12BR,1BA$2.06
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1.63
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrP1BR,1BA$1.91

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Lake Villa, IL

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Frequently Asked Questions about Cheap Lake Villa Apartments

How much is rent for a Cheap One Bedroom Lake Villa Apartment?

The lowest price for a Cheap One Bedroom Lake Villa Apartment is $1,070 at Harbor View Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Villa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Villa is starting from $1,300 at Anita Terrace Apartments.

What is the most affordable Lake Villa Three Bedroom Apartment?

The best deal on a cheap Lake Villa Three Bedroom Apartment rental is at Tuckaway Townhomes and starts from $1,821.

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

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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.

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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.

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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.

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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.