Cheap Homes for Rent in Lakemoor, IL from $1,000 (8 Rentals)

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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.

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.

Lakemoor, IL Local Guide

Cheapest Available Lakemoor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakemoor, IL is a 2 Beds unit found at Rosewood Apartments priced from $1,244. Deep Lake Hermitage in the Grant's Grove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here is today’s list of the most affordable Lakemoor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood Apartments2 Bedroom2BR,1BA$1,244
Deep Lake Hermitage1BR/1.0BA1BR,1BA$1,275
Lakeview Terrace ApartmentsOne Bedroom1BR,1BA$1,300

Best Value Apartments for Rent in Lakemoor, IL and Nearby

As of February 18, 2026 the best value apartment in the Lakemoor area is the $1.42 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,915. The second greatest value Lakemoor apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,900 with a $1.52 price per square foot in the Amber Shores neighborhood. Here is today’s list of the best values for Lakemoor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.42
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.77
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Rosewood Apartments2 Bedroom2BR,1BA$1.32
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
Lakeview Terrace ApartmentsOne Bedroom1BR,1BA$1.67
Deep Lake Hermitage1BR/1.0BA1BR,1BA$1.68

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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The 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.

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Cash 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lakemoor

What type of rentals are currently available in Lakemoor?

There are currently 55 Apartments for Rent in Lakemoor, IL with pricing that ranges from $1,100 to $26,958. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakemoor ranging from $1,050 to $3,900.

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 $1,050 to $3,900 with an average monthly rent of $2,310.

How much are larger Three and Four Bedroom Rentals in Lakemoor?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakemoor range from $1,257 to $7,532, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,900. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $10,000.

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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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.