
Cheap Homes for Rent in Lakemoor, IL from $950 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lakemoor.


101 S Lily Lake Rd

57 Vail Colony St

3929 Main St
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.

4402 W Shamrock Ln

38464 N Eighth St

545 N Fox Trl

277 W Treehouse Ln
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.

843 E Princeton Cir
Lakemoor, IL Local Guide

How much does it cost to rent a home in Lakemoor?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakemoor 2 Bedroom Homes for Rent | $2,332 | $1,750 | $3,400 |
| Lakemoor 3 Bedroom Homes for Rent | $2,470 | $1,495 | $3,300 |
| Lakemoor 4 Bedroom Homes for Rent | $3,032 | $2,100 | $3,700 |
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Lakemoor, IL Local Guide
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Cheapest Available Lakemoor Apartments for Rent
 The cheapest available apartment rental in Lakemoor, IL is a 1 Bed unit found at Harbor View Apartments in the Amber Shores neighborhood priced from $1,070. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. Here is today’s list of the most affordable Lakemoor apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harbor View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,070 |
| Patriot Oaks | Studio 1 bathroom | 1BR,2BA | $1,121 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Lakemoor, IL
As of August 23, 2026 the best value apartment in the Lakemoor area is the $1.17 price per square foot Large One Bedroom/Den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value Lakemoor apartment is the 3 Bedroom Model at The Schoolhouse Apartments starting at $2,200 with a $1.47 price per square foot in the Arrowhead 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 Villas At Patriot Estates | Large One Bedroom/Den | 1BR,2.5BA | $1.17 |
| The Schoolhouse Apartments | 3 Bedroom | 3BR,2BA | $1.47 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| 1117 Rocky Beach Rd, Unit A Coach House | 1117 Rocky Beach Rd | 2BR,1.5BA | $1.84 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.64 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Lakemoor, IL
Frequently Asked Questions about Lakemoor
What type of rentals are currently available in Lakemoor?
There are currently 60 Apartments for Rent in Lakemoor, IL with pricing that ranges from $1,100 to $5,250. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakemoor ranging from $950 to $3,700.
What is the current price range for Rental Homes in Lakemoor?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakemoor ranges from $950 to $3,700 with an average monthly rent of $2,343.
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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.