19900 128th St
BristolWI53104
Cheap Homes for Rent in Lake Villa, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Villa.
321 Meadow Green Ln
Round Lake BeachIL60073
905 Main St
AntiochIL60002
37439 N Lake Shore Dr
Lake VillaIL60046
1524 W Sand Bar Ct
Round Lake BeachIL60073
434 Meadow Green Ln
Round Lake BeachIL60073
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.
343 Meadow Green Ln
Round Lake BeachIL60073
422 Meadow Green Ln
Round Lake BeachIL60073
420 Meadow Green Ln
Round Lake BeachIL60073
903 Main St
AntiochIL60002
426 Alpine Dr
Round LakeIL60073
708 S Cedarwood Cir
Round Lake HeightsIL60073
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.
111 W Chatham Ln
Round LakeIL60073
Showing Results 1-13, Page 1 of 1
Lake Villa, IL Local Guide
Building 1 at Naval Station Great Lakes, Illinois by Goldnpuppy is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Lake Villa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Villa 2 Bedroom Homes for Rent | $1,975 | $1,400 | $2,500 |
| Lake Villa 3 Bedroom Homes for Rent | $2,738 | $2,000 | $3,300 |
| Lake Villa 4 Bedroom Homes for Rent | $2,742 | $2,250 | $4,210 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lake Villa
Explore Lake Villa
Lake Villa, IL Local Guide
- Lake Villa Neighborhoods
- Nearby Cities
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- Local Counties
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Cheapest Neighborhoods for Apartments in Lake Villa, IL
Pricing Updated: 04/10/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Amber Shores | $2,600 | $1,550 | 12 |
| Grant's Grove | $3,095 | $1,600 | 8 |
| Heritage Park | $4,210 | $1,300 | 7 |
Cheapest Available Lake Villa Apartments for Rent
The cheapest available apartment rental in Lake Villa, IL is a 2 Beds unit found at Rosewood Apartments priced from $1,244. Willow Wind in the Lake Cogardens neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,275. Here is today’s list of the most affordable Lake Villa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1,244 |
| Willow Wind | 2 bedroom 1 | 2BR,1BA | $1,275 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $1,365 |
| Prairie Apartments | 2 Bedroom Upper LK | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Lake Villa, IL
As of April 10, 2026 the best value apartment in the Lake Villa area is the $1.52 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,900. The second greatest value Lake Villa apartment is the Two Bedroom Two Bath Model at The Sanctuary of Lake Villa starting at $2,010 with a $1.65 price per square foot in the Heritage Park neighborhood. Here is today’s list of the best values for Lake Villa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| The Sanctuary of Lake Villa | Two Bedroom Two Bath | 2BR,2BA | $1.65 |
| Bristol Cove | 2BR/1.5BA | 2BR,1.5BA | $1.58 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Antioch Manor Apartments | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1.32 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Prairie Apartments | 2 Bedroom Upper LK | 2BR,1BA | $1.71 |
| Willow Wind | 1 bedroom | 1BR,1BA | $1.66 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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.
Read ArticleCash 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.
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.
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Best Local Schools in Lake Villa, IL
School data provided by Great Schools
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See the most popular apartments and homes in Lake Villa, IL
Frequently Asked Questions about Lake Villa
What type of rentals are currently available in Lake Villa?
There are currently 68 Apartments for Rent in Lake Villa, IL with pricing that ranges from $1,050 to $5,250. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Villa ranging from $1,400 to $4,210.
What is the current price range for Rental Homes in Lake Villa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Villa ranges from $1,400 to $4,210 with an average monthly rent of $2,251.
How much are larger Three and Four Bedroom Rentals in Lake Villa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Villa range from $1,257 to $3,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $3,550.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.