Cheap Apartments for Rent in Lake Villa, IL from $800 (35 Rentals)

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

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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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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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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1244 Main Street
1 to 2 Bedroom Apartments

1244 Main Street

1244 Main StAntioch, IL 60002
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 12/21/2025

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$1,667$1,00236
Grant's Grove$3,915$1,00212
Heritage Park$3,915$1,26114

Cheapest Available Lake Villa Apartments for Rent

 

The cheapest available apartment rental in Lake Villa, IL is a 3 Beds unit found at Tuckaway Townhomes in the Lincoln Hills neighborhood priced from $864. Lakewood Tower in the Grant's Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Lake Villa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tuckaway Townhomes3 Bedroom Townhome3BR,2BA$864
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Woodview Apartments1BR/1BA1BR,1BA$1,250
Patriot Oaks (FKA Timber Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Anita Terrace Apartments2 Bdrm/1.5 Bath2BR,1BA$1,350
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1,432
Brittany Square1A Bedroom1BR,1BA$1,475
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500

Best Value Apartments for Rent in Lake Villa, IL

As of December 21, 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 3 Bedroom Townhome Model at Tuckaway Townhomes starting at $864 with a $0.62 price per square foot in the Lincoln Hills 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
Tuckaway Townhomes3 Bedroom Townhome3BR,2BA$0.62
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Moore Court Apartments2BR/1BA2BR,1BA$1.58
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Water's Edge Apartments2 Bdrm/1 Bath2BR,1BA$1.83
Anita Terrace Apartments2 Bdrm/1 Bath2BR,1BA$1.68
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1.83
928 Main St, Unit 1 front928 Main St1BR,1BA$1.85

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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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Lake Villa, IL

School data provided by Great Schools

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

Explore Lake Villa, IL Rentals by Map

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See the most popular apartments and homes in Lake Villa, IL

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $3,165.

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 2 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 $330 which is $2,835 cheaper than the average rent for all rentals in Lake Villa.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.