Cheap Homes for Rent in Lake Villa, IL from $1,700 (15 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.

property at 479 Meadow Green Ln

479 Meadow Green Ln

Round Lake BeachIL60073

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lake Villa, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Villa, IL

Pricing Updated: 06/12/2025

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
Grant's Grove$3,350$2,2006
Heritage Park$3,400$2,2006
Amber Shores$3,650$1,80013

Cheapest Available Lake Villa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Villa, IL is a 1 Bed unit found at Timber Oaks (Patriot Oaks) in the Amber Shores neighborhood priced from $1,240. Woodview Apartments in the Norshore Park neighborhood 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
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,240
Woodview Apartments1BR/1BA1BR,1BA$1,250
Starling Senior Apartments1 Bed 1 Bath1BR,1BA$1,261
Moore Court Apartments1BR/1BA1BR,1BA$1,300
Willow Wind2 bedroom 1.52BR,1BA$1,300

Best Value Apartments for Rent in Lake Villa, IL and Nearby

As of June 12, 2025 the best value apartment in the Lake Villa area is the $1.79 price per square foot Haydenwood Sunroom Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,899. 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.
Redwood VoloHaydenwood Sunroom2BR,2BA$1.79
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
The Sanctuary of Lake VillaTwo Bedroom Two Bath2BR,2BA$1.66
Coventry Glen Apartments2 Bdrm/2 Bath-1st FlrS2BR,2BA$1.62
Savanna RidgeB12BR,1BA$1.84
Willow Wind2 bedroom 1.52BR,1.5BA$1.30
The Meadows Apartments LakemoorClover1BR,1BA$1.91
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1.72
Moore Court Apartments1BR/1BA1BR,1BA$1.86
Woodview Apartments1BR/1BA1BR,1BA$1.92

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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 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Villa ranging from $1,750 to $5,000.

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 $1,750 to $5,000 with an average monthly rent of $2,929.

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 $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,905.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.