
Cheap Homes for Rent in Lake Zurich, IL from $1,500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Zurich.


865 Westmoreland Dr

337 N Carter St

444 Osage Ln

456 E Spruce Dr

1 Renaissance Pl
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.

1255 N Sterling Ave

260 E Court of Shorewood

215 Brett Cir

820 N Lakeside Dr

1285 Wyndham Ln

2215 Nichols Rd
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.

856 E Capri Dr
Lake Zurich, IL Local Guide

How much does it cost to rent a home in Lake Zurich?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Zurich 2 Bedroom Homes for Rent | $2,049 | $1,525 | $2,900 |
| Lake Zurich 3 Bedroom Homes for Rent | $2,974 | $2,100 | $3,600 |
| Lake Zurich 4 Bedroom Homes for Rent | $6,083 | $3,500 | $8,400 |
| Lake Zurich 5 Bedroom Homes for Rent | $7,750 | $4,500 | $10,000+ |
Browse Top Homes for Rent in Lake Zurich
Explore Lake Zurich
Lake Zurich, IL Local Guide
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Cheapest Neighborhoods for Apartments in Lake Zurich, IL
Pricing Updated: 05/04/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Meadow Wood | $2,395 | $1,200 | 12 |
| Hawthorn Woods Country Club | $2,581 | $1,200 | 30 |
Cheapest Available Lake Zurich Apartments for Rent and Nearby
 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. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,445. Here is today’s list of the most affordable Lake Zurich apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
| The Clayson | 1 Bedroom | 1BR,1BA | $1,473 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1,560 |
Best Value Apartments for Rent in Lake Zurich, IL and Nearby
As of May 04, 2026 the best value apartment in the Lake Zurich area is the $1.80 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,451. The second greatest value Lake Zurich apartment is the D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook starting at $2,632 with a $1.96 price per square foot in the Cherrybrook Village neighborhood. Here is today’s list of the best values for Lake Zurich apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.96 |
| Redwood Fox River Grove | Forestwood | 2BR,2BA | $2.03 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.45 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B2 | 2BR,2BA | $1.61 |
| Eastbanks of Lake Zurich | 1/1 | 1BR,1BA | $2.08 |
| The Landings of Lake Zurich | 1 Bdrm/1 Bath | 1BR,1BA | $2.07 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $2.01 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $2.00 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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 ArticleDon'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 Zurich, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Zurich, IL Rentals by Map
See the most popular apartments and homes in Lake Zurich, IL
Frequently Asked Questions about Lake Zurich
What type of rentals are currently available in Lake Zurich?
There are currently 67 Apartments for Rent in Lake Zurich, IL with pricing that ranges from $1,200 to $6,593. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Zurich ranging from $1,525 to $13,000.
What is the current price range for Rental Homes in Lake Zurich?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Zurich ranges from $1,525 to $13,000 with an average monthly rent of $4,150.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.