
Cheap Apartments for Rent in Lakemoor, IL from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakemoor.


McHenry Commons

Rosewood Round Lake

Patriot Oaks

Garden Quarter Apartments

Wauconda Park Apartments

Fawn Ridge Apartments

Beech St Senior Lofts

Lakeview Terrace Apartments
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.

534 E Washington St

The Residences of Fox Meadows

Water's Edge Apartments

Moore Court Apartments

Coventry Glen Apartments

The Woods of Terra Springs

Mallard Ridge

Deep Lake Hermitage

Brittany Square
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.

Darlington Court Apartments

Grays Pointe Apartments

Oakbrook Estates- Senior 55+ Community

Highlands of Kensington Manor

Springs at Three Oaks

Tuckaway Townhomes

Taylor Place

1813 W Edward Ct

Crystal Lake Apartments
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 Blake at Fox River

Brandy Drive Apartments

The Church Street Apartments

Thomas Place Fox Lake

Lakewood Tower

Berkshire Johnsburg Senior Community 55+

Harbor View Apartments

Riverside Apartments

4301 W Shamrock Ln
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.

1506 Spring Brook Ct

46 N Lake Ave

37439 N Lake Shore Dr
Lakemoor, IL Local Guide

How much does it cost to rent an apartment in Lakemoor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lakemoor Studio Apartments | $1,564 | $1,557 | $1,577 |
| Cheap Lakemoor 1 Bedroom Apartments | $1,578 | $588 | $2,365 |
| Cheap Lakemoor 2 Bedroom Apartments | $2,151 | $705 | $6,664 |
| Cheap Lakemoor 3 Bedroom Apartments | $3,194 | $1,257 | $8,663 |
Browse Top Apartments in Lakemoor
See all Apartments in LakemoorExplore Lakemoor
Lakemoor, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lakemoor Apartments for Rent
 The cheapest available apartment rental in Lakemoor, IL is a 2 Beds unit found at Rosewood Round Lake priced from $1,244. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Lakemoor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1,325 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $1,365 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1BA | $1,400 |
| Brittany Square | 1A Bedroom | 1BR,1BA | $1,475 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,557 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1,562 |
| Crystal Lake Apartments | 1 Bedroom | 1BR,1BA | $1,635 |
Best Value Apartments for Rent in Lakemoor, IL
As of April 29, 2026 the best value apartment in the Lakemoor area is the $1.67 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,500. The second greatest value Lakemoor apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,972 with a $1.47 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Lakemoor apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Schoolhouse Apartments | 3 Bedroom | 3BR,2BA | $1.67 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.47 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| The Blake at Fox River | Langford Terrace | 2BR,2BA | $1.84 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
10 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakemoor, IL Rentals by Map
See the most popular apartments and homes in Lakemoor, IL
Frequently Asked Questions about Cheap Lakemoor Apartments
What is the Cheapest Studio apartment in Lakemoor?
Currently the most affordable Cheap Studio Apartment in Lakemoor is at Springs at Three Oaks listed at $1,557.
How much is rent for a Cheap One Bedroom Lakemoor Apartment?
The lowest price for a Cheap One Bedroom Lakemoor Apartment is $1,307 at Patriot Oaks.
What is the lowest price for a Cheap Two Bedroom Lakemoor Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakemoor is starting from $1,244 at Rosewood Round Lake.
What is the most affordable Lakemoor Three Bedroom Apartment?
The best deal on a cheap Lakemoor Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.
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

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.

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.