Cheap Apartments for Rent in Lakewood, IL from $1,000 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakewood.

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Woodcreek
2 Bedroom Apartments

Woodcreek

11700 Woodcreek EHuntley, IL 60142
  • Utilities Included
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Lakewood, IL Local Guide

Cheapest Available Lakewood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakewood, IL is a 2 Beds unit found at Taylor Place in the Lincoln Hills neighborhood priced from $1,325. Prairie View (Patriot Prairie of Woodstock) in the Savanna Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,355. Here is today’s list of the most affordable Lakewood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Taylor Place2br 2ba2BR,2BA$1,325
Prairie View (Patriot Prairie of Woodstock)2X22BR,2BA$1,355
200 S Lincoln1BD/1BA1BR,1BA$1,400
Willow BrookeTwo Bedroom2BR,1BA$1,430
Fawn Ridge ApartmentsSummit1BR,1BA$1,460

Best Value Apartments for Rent in Lakewood, IL and Nearby

As of September 16, 2025 the best value apartment in the Lakewood area is the $1.84 price per square foot Accera Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $2,742. The second greatest value Lakewood apartment is the One bedroom/den Model at The Villas At Patriot Estates starting at $1,915 with a $1.42 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Conservancy at GilbertsAccera2BR,2.5BA$1.84
The Villas At Patriot EstatesOne bedroom/den1BR,2.5BA$1.42
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
Taylor Place2br 2ba2BR,2BA$1.28
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1BA$1.76
Darlington Court Apartments2 Bedroom/1.5 Bath2BR,1.5BA$1.66
The Cornell Luxury Apartments1 bedroom1BR,1BA$1.76
311 Barrington Ave Lofts1 Bed Room1BR,1BA$1.75
Willow BrookeTwo Bedroom2BR,1BA$1.79

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Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Getting Around Lakewood, IL

Walk Score®

15 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakewood Apartments

How much is rent for a Cheap One Bedroom Lakewood Apartment?

The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,375 at Prairie View (Patriot Prairie of Woodstock).

What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,325 at Taylor Place.

What is the most affordable Lakewood Three Bedroom Apartment?

The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Taylor Place and starts from $1,505.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.