Cheap Apartments for Rent in Lake Villa, IL from $1,000 (46 Rentals)

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

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Lakewood Tower
1 to 2 Bedroom Apartments

Lakewood Tower

320 N Milwaukee AveLake Villa, IL 60046
Senior Living
  • 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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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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Grand Oaks
$1,663 - $2,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,663 - $2,145
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 29

Grand Oaks

36021-36151 N Grand Oaks CtGurnee, IL 60031
Furnished
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  • Customer Reviewed
  • 3D Tour

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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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

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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1244 Main Street
1 to 2 Bedroom Apartments

1244 Main Street

1244 Main StAntioch, IL 60002
  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 06/11/2026

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$1,25015
Heritage Park$3,825$1,26113
Amber Shores$7,875$1,12155

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
Moore Court Apartments1BR/1BA DEN1BR,1BA$1,375
Willow Wind1 bedroom1BR,1BA$1,400
Lakeview Terrace ApartmentsTwo Bedroom2BR,1BA$1,400
Woodview Apartments1BR/1BA1BR,1BA$1,400
Brittany Square1 Bedroom1BR,1BA$1,475
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500

Best Value Apartments for Rent in Lake Villa, IL

As of June 11, 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 $1,900 with a $1.52 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$1.52
The Sanctuary of Lake VillaTwo Bedroom Two Bath2BR,2BA$1.66
Coventry Glen Apartments2 Bdrm/2 bath-1st FlrW2BR,2BA$1.59
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.72
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
Willow Wind1 bedroom1BR,1BA$1.75

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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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 $1,307 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 $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

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

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.