Cheap Homes for Rent in Lake Villa, IL from $1,100 (8 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 07/30/2025

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
Amber Shores$1,667$1,00219
Grant's Grove$3,850$1,00215
Heritage Park$3,850$1,26117

Cheapest Available Lake Villa Apartments for Rent

 

The cheapest available apartment rental in Lake Villa, IL is a 2 Beds unit found at Lakewood Tower in the Grant's Grove neighborhood priced from $1,200. 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 ListingModel NameBed/BathPriced From
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Woodview Apartments1BR/1BA1BR,1BA$1,250
Starling Senior Apartments1 Bed 1 Bath (60%)1BR,1BA$1,261

Best Value Apartments for Rent in Lake Villa, IL

As of July 30, 2025 the best value apartment in the Lake Villa area is the $1.46 price per square foot Meadow Model at The Meadows Apartments Lakemoor in the in the Liberty Lakes - Freedom Series neighborhood starting from $1,835. The second greatest value Lake Villa apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,850 with a $1.48 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.
The Meadows Apartments LakemoorMeadow2BR,2BA$1.46
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Grand OaksAsh2BR,1.5BA$1.78
Water's Edge Apartments2 Bdrm/1 Bath2BR,1BA$1.73
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Brittany Square1A Bedroom1BR,1BA$1.95
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1.92
Woodview Apartments1BR/1BA1BR,1BA$1.92
Starling Senior Apartments1 Bed 1 Bath (60%)1BR,1BA$1.97

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake Villa

What type of rentals are currently available in Lake Villa?

There are currently 64 Apartments for Rent in Lake Villa, IL with pricing that ranges from $950 to $4,912. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Villa ranging from $1,195 to $4,000.

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 $1,195 to $4,000 with an average monthly rent of $2,324.

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 $1,500 to $3,775, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,550.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.