Cheap Apartments for Rent in Lake Villa, IL from $1,000 (40 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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property at 1548 W Sand Bar Ct

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

1548 W Sand Bar Ct, Unit 1G

1548 W Sand Bar Ct
Round Lake BeachIL60073

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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property at 321 Meadow Green Ln

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Townhome for Rent

Available Now

321 Meadow Green Ln

Round Lake BeachIL60073

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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Savanna Ridge
$1,823 - $2,073
Total Monthly Price

Total Monthly Price

Base Rent
$1,823 - $2,073
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Aug 7

Savanna Ridge

18400 W IL Route 120Grayslake, IL 60030
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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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11236 258th Ct
1 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179
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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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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

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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Showing Results 1-40, Page 1 of 1

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 07/26/2026

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
Grant's Grove$3,825$1,25011
Heritage Park$3,825$1,30012
Amber Shores$10,479$1,12151

Cheapest Available Lake Villa Apartments for Rent

 

The cheapest available apartment rental in Lake Villa, IL is a 2 Beds unit found at Rosewood Round Lake priced from $1,244. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Lake Villa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
Willow Wind1 bedroom1BR,1BA$1,400
Lakeview Terrace ApartmentsTwo Bedroom2BR,1BA$1,400
Woodview Apartments1BR/1BA1BR,1BA$1,400
Coventry Glen Apartments1 Bdrm/1 Bath-1st FlrH1BR,1BA$1,445
Brittany Square1A Bedroom1BR,1BA$1,485
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Luna ParkA-11BR,1BA$1,575

Best Value Apartments for Rent in Lake Villa, IL

As of July 26, 2026 the best value apartment in the Lake Villa area is the $1.74 price per square foot Accera End Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,600. 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$1.74
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.64
The Sanctuary of Lake VillaTwo Bedroom One Bath2BR,1BA$1.64
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Luna ParkA-11BR,1BA$1.75
Willow Wind1 bedroom1BR,1BA$1.75
Brittany Square1A Bedroom1BR,1BA$1.98
311 Ida Ave, Unit C - Upper311 Ida Ave2BR,1BA$1.79

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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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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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

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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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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 $1,307 at Patriot Oaks.

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 $1,244 at Rosewood Round Lake.

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 $2,100.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.