
Cheap Homes for Rent in Lake Villa, IL from $1,000 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Villa.


25408 W Il Rte 173

126 W Washington St

26244 W Lake Ave

32857 N Alleghany Rd

126 W Washington St
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.

19900 128th St

126 W Washington St

28600 W Grass Lake Rd

905 Main St

1187 N Red Oak Cir

1187 N Red Oak Cir
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.

485 Meadow Green Ln
Lake Villa, IL Local Guide

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 | $1,863 | $1,325 | $2,700 |
| Lake Villa 3 Bedroom Homes for Rent | $2,489 | $1,300 | $3,250 |
| Lake Villa 4 Bedroom Homes for Rent | $3,412 | $2,750 | $4,074 |
| Lake Villa 5 Bedroom Homes for Rent | $2,469 | $2,469 | $2,469 |
Browse Top Homes for Rent in Lake Villa
Explore Lake Villa
Lake Villa, IL Local Guide
- Lake Villa Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Villa, IL
Pricing Updated: 02/24/2026Current 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 | $2,469 | $900 | 15 |
| Grant's Grove | $4,074 | $1,600 | 2 |
| Heritage Park | $6,800 | $1,850 | 5 |
Cheapest Available Lake Villa Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Villa, IL is a 2 Beds unit found at Rosewood Apartments priced from $1,244. Woodview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. 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 |
| Woodview Apartments | 1BR/1BA | 1BR,1BA | $1,250 |
| Anita Terrace Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1,300 |
| Lakeview Terrace Apartments | One Bedroom | 1BR,1BA | $1,300 |
| Patriot Oaks (FKA Timber Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
Best Value Apartments for Rent in Lake Villa, IL and Nearby
As of February 24, 2026 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deercrest of Antioch | Accera | 2BR,2.5BA | $1.73 |
| 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 | $1.62 |
| 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 |
| Anita Terrace Apartments | 2 Bdrm/1 Bath | 2BR,1BA | $1.68 |
| Moore Court Apartments | 1BR/1BA DEN | 1BR,1BA | $1.72 |
| Lakeview Terrace Apartments | One Bedroom | 1BR,1BA | $1.67 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-2nd FlrP | 1BR,1BA | $1.91 |
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.
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
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 67 Apartments for Rent in Lake Villa, IL with pricing that ranges from $1,100 to $5,690. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Villa ranging from $1,050 to $4,074.
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 $1,050 to $4,074 with an average monthly rent of $2,105.
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 $1,300 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $3,520.
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

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.

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.