Cheap Apartments for Rent in Lake Zurich, IL from $1,000 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Zurich.

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Liberty Lake
1 to 3 Bedroom Apartments

Liberty Lake

201 S Buesching RdLake Zurich, IL 60047
  • Utilities Included
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241 Main, LLC
1 to 2 Bedroom Apartments

241 Main, LLC

241-45 Main StLake Zurich, IL 60047

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Station 250
Rent Specials
$1,716 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,651
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Studio to 2 Bedroom Apartments Available Now

Station 250

250 Plaza CirMundelein, IL 60060
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Albion on Lake Cook
Rent Specials
$1,993 - $4,131
Total Monthly Price

Total Monthly Price

Base Rent
$1,993 - $4,131
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Albion on Lake Cook

500 E Constitution DrPalatine, IL 60074
Student Living
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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included

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.

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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.

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Lake Zurich, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Zurich, IL

Pricing Updated: 07/24/2026

Current apartment rentals in the Lake Zurich, 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 Zurich Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hawthorn Woods Country Club$9,697$1,20037
Meadow Wood$9,697$1,20012

Cheapest Available Lake Zurich Apartments for Rent

 

The cheapest available apartment rental in Lake Zurich, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. 241 Main, LLC in the Hawthorn Woods Country Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,415. Here is today’s list of the most affordable Lake Zurich apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
241 Main, LLC1BR/1.0BA1BR,1BA$1,415
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Arrowhead ApartmentsA11BR,1BA$1,495
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,517
Clover Ridge East ApartmentsAshbury1BR,1BA$1,570
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,591
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,603

Best Value Apartments for Rent in Lake Zurich, IL

As of July 24, 2026 the best value apartment in the Lake Zurich area is the $2.06 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,764. The second greatest value Lake Zurich apartment is the 2/2 Model at Eastbanks of Lake Zurich starting at $2,395 with a $1.91 price per square foot in the Hawthorn Woods Country Club neighborhood. Here is today’s list of the best values for Lake Zurich apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake CookD1 - 3 Bed, 2 Bath3BR,2BA$2.06
Eastbanks of Lake Zurich2/22BR,2BA$1.91
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
The Clayson2 Bedrooms2BR,1BA$1.90
Stonebridge of Arlington Heights1x1 A Reno1BR,1BA$2.03
Clover Ridge East ApartmentsAshbury1BR,1BA$1.98
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
241 Main, LLC1BR/1.0BA1BR,1BA$1.89
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$2.00

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.

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Real 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.

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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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Lake Zurich, IL

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Remember the 3 Rules of Real Estate:
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Explore Lake Zurich, IL Rentals by Map

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Frequently Asked Questions about Cheap Lake Zurich Apartments

What is the Cheapest Studio apartment in Lake Zurich?

Currently the most affordable Cheap Studio Apartment in Lake Zurich is at Park Butterfield Apartments listed at $1,517.

How much is rent for a Cheap One Bedroom Lake Zurich Apartment?

The lowest price for a Cheap One Bedroom Lake Zurich Apartment is $1,200 at Wauconda Park Apartments.

What is the lowest price for a Cheap Two Bedroom Lake Zurich Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Zurich is starting from $1,500 at Stone Edge Apartments.

What is the most affordable Lake Zurich Three Bedroom Apartment?

The best deal on a cheap Lake Zurich Three Bedroom Apartment rental is at Albion on Lake Cook and starts from $2,764.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.