Cheap Homes for Rent in Lakemoor, IL from $900 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Lakemoor.

property at 813 Rand Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

813 Rand Rd, Unit 1

813 Rand Rd
LakemoorIL60051

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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Lakemoor, IL Local Guide

Cheapest Available Lakemoor Apartments for Rent

 

The cheapest available apartment rental in Lakemoor, IL is a 1 Bed unit found at McHenry Commons in the Lincoln Hills neighborhood priced from $576. Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Lakemoor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McHenry CommonsSugar Maple - 30% AMI1BR,1BA$576
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Rosewood Round Lake2 Bedroom2BR,1BA$1,244

Best Value Apartments for Rent in Lakemoor, IL

As of July 08, 2026 the best value apartment in the Lakemoor area is the $1.52 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,900. The second greatest value Lakemoor apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,500 with a $1.25 price per square foot in the Fox Trails 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.
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.25
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Water's Edge Apartments2 Bdrm/1 Bath2BR,1BA$1.78
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
McHenry CommonsSugar Maple - 60% AMI1BR,1BA$1.70
Fawn Ridge ApartmentsSummit Plus1BR,1BA$1.78

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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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 57 Apartments for Rent in Lakemoor, IL with pricing that ranges from $576 to $4,959. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakemoor ranging from $950 to $4,300.

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 $4,300 with an average monthly rent of $2,375.

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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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.