122 Dole Ave
Crystal LakeIL60014
Cheap Homes for Rent in Lakewood, IL from $1,400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
14 Lincoln Pkwy
Crystal LakeIL60014
530 Locust St
ElginIL60123
23 N Channing St
ElginIL60120
423 Berkshire Dr, Unit #33
423 Berkshire Dr
Crystal LakeIL60014
423 Berkshire Dr
Crystal LakeIL60014
115 W Crystal Lake Ave
Crystal LakeIL60014
567 Somerset Ln, Unit 8
567 Somerset Ln
Crystal LakeIL60014
279 Bayview Rd
ElginIL60123
722 McHenry Ave
Crystal LakeIL60014
427 Village Creek Dr
Lake In The HillsIL60156
301 Village Creek Dr
Lake In The HillsIL60156
100 Harvest Gate Rd
Lake In The HillsIL60156
122 Polaris Dr
Lake In The HillsIL60156
1316 Monroe St
Lake In The HillsIL60156
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Lakewood, IL Local Guide
Dowitcher by CheepShot is licensed under CC BY 2.0
How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $1,888 | $1,550 | $2,500 |
| Lakewood 3 Bedroom Homes for Rent | $2,671 | $2,100 | $3,700 |
| Lakewood 4 Bedroom Homes for Rent | $3,167 | $2,000 | $4,000 |
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Lakewood, IL Local Guide
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Cheapest Available Lakewood Apartments for Rent and Nearby
The cheapest available apartment rental in Lakewood, IL is a 1 Bed unit found at Fawn Ridge Apartments in the Lincoln Hills neighborhood priced from $1,210. Patriot Prairie of Woodstock (FKA Prairie ... in the Savanna Grove neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1,210 |
| Patriot Prairie of Woodstock (FKA Prairie ... | STUDIO | Studio,1BA | $1,350 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Beech St Senior Lofts | 2 Bedroom | 2BR,1BA | $1,503 |
| Eden Prairie Apartments | 2 Bed 1 Bath B Level 3 | 2BR,1BA | $1,525 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of November 17, 2025 the best value apartment in the Lakewood area is the $1.83 price per square foot TH-A Model at Enclave Crystal Lake Townhomes and Apartments in the in the Park Place neighborhood starting from $3,075. The second greatest value Lakewood apartment is the Willowood Model at Redwood Crystal Lake starting at $2,599 with a $1.88 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Enclave Crystal Lake Townhomes and Apartments | TH-A | 2BR,2.5BA | $1.83 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.77 |
| Residence of Fairway Greens | FGB2 Two Bed One Bath | 2BR,1BA | $1.82 |
| Skyridge Club Apartments | Skylark | 2BR,2BA | $1.92 |
| Beech St Senior Lofts | 2 Bedroom | 2BR,1BA | $1.65 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1.69 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 64 Apartments for Rent in Lakewood, IL with pricing that ranges from $1,087 to $3,867. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,400 to $4,000.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,400 to $4,000 with an average monthly rent of $2,281.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.