
Cheap Apartments for Rent in the Grant's Grove Neighborhood of Lake Villa, IL from $1,200 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grant's Grove area of Lake Villa.


Water's Edge Apartments

Total Monthly Price
705 Waters Edge Dr

Lakewood Tower

The Sanctuary of Lake Villa

Mallard Ridge
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.

Total Monthly Price
925 Main St, Unit 2

914 Hillside Ave

421 Filweber Ct

333 Ida Ave

Tiffany Lake

1244 Main Street
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.
Grant's Grove, Lake Villa, IL Local Guide

How much does it cost to rent an apartment in Grant's Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grant's Grove 1 Bedroom Apartments | $1,469 | $1,300 | $1,555 |
| Grant's Grove 2 Bedroom Apartments | $1,630 | $1,250 | $1,750 |
| Grant's Grove 3 Bedroom Apartments | $3,520 | $3,250 | $3,755 |
| Grant's Grove 4 Bedroom Apartments | $4,058 | $3,780 | $4,870 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Grant's Grove Neighborhood of Lake Villa, IL.
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Grant's Grove, Lake Villa, IL Local Guide
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Cheapest Available Grant's Grove Apartments for Rent
 The cheapest available apartment rental in the Grant's Grove area of Lake Villa, IL is a 2 Beds unit found at Lakeview Terrace Apartments priced from $1,400. Water's Edge Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,550. Here are the most affordable Grant's Grove apartments for rent in Lake Villa, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1BA | $1,400 |
| Water's Edge Apartments | 2 Bdrm/2 Bath | 2BR,2BA | $1,550 |
| The Sanctuary of Lake Villa | Two Bedroom Two Bath | 2BR,2BA | $2,100 |
| Deercrest of Antioch | Accera | 2BR,2BA | $2,575 |
| Clublands of Antioch | Ravello | 3BR,2BA | $3,079 |
Best Value Apartments for Rent in Grant's Grove, IL
As of July 14, 2026 the best value apartment in the Grant's Grove 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 Grant's Grove apartment is the Ravello Model at Clublands of Antioch starting at $3,079 with a $2.28 price per square foot in the Heritage Park neighborhood. Here is today’s list of the best values for Grant's Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deercrest of Antioch | Accera End | 2BR,2.5BA | $1.74 |
| Clublands of Antioch | Ravello | 3BR,2BA | $2.28 |
| The Sanctuary of Lake Villa | Two Bedroom Two Bath | 2BR,2BA | $1.72 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Water's Edge Apartments | 2 Bdrm/2 Bath | 2BR,2BA | $1.55 |
| 705 Waters Edge Dr | 705 Waters Edge Dr | 2BR,1BA | $1.78 |
| 311 Ida Ave, Unit C - Upper | 311 Ida Ave | 2BR,1BA | $1.79 |
| 925 Main St, Unit 2 | 925 Main St | 1BR,1BA | $2.42 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Grant's Grove, Lake Villa, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Grant's Grove Apartments
What is the lowest price for a Cheap Two Bedroom Grant's Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grant's Grove is starting from $1,400 at Lakeview Terrace Apartments.
What is the most affordable Grant's Grove Three Bedroom Apartment?
The best deal on a cheap Grant's Grove Three Bedroom Apartment rental is at Deercrest of Antioch and starts from $2,850.
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

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.

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.

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.

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.