1343 Cunat Ct
Lake In The HillsIL60156
Cheap Homes for Rent near Lakewood, IL from $1,695 (24 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
1363 Cunat Ct
Lake In The HillsIL60156
352 College St
Crystal LakeIL60014
566 Somerset Ln
Crystal LakeIL60014
219 Uteg St
Crystal LakeIL60014
11212 S Myrtle St
HuntleyIL60142
31 Green Oaks Dr
Crystal LakeIL60014
11808 Coral St
HuntleyIL60142
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.
187 Uteg St
Crystal LakeIL60014
10017 Edgebrook Ln
HuntleyIL60142
930 Mesa Dr
Lake In The HillsIL60156
37 Heather Dr
Crystal LakeIL60014
2308 Dawson Ln
AlgonquinIL60102
935 Viewpoint Dr
Lake In The HillsIL60156
9870 Williams Dr
HuntleyIL60142
3211 Ronan Dr
Lake In The HillsIL60156
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.
627 Chardonnay Ln
Crystal LakeIL60014
5612 Wildspring Dr
Lake In The HillsIL60156
790 Oak Hollow Rd
Crystal LakeIL60014
2081 Litchfield Ln
Lake In The HillsIL60156
530 Cimmaron Cir
Crystal LakeIL60012
430 W Virginia St
Crystal LakeIL60014
4663 Rolling Hills Dr
Lake In The HillsIL60156
9 Tenneyson Ct
Lake In The HillsIL60156
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-24, Page 1 of 1
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 | $2,018 | $1,625 | $2,500 |
| Lakewood 3 Bedroom Homes for Rent | $2,865 | $2,200 | $3,650 |
| Lakewood 4 Bedroom Homes for Rent | $3,545 | $2,800 | $4,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Lakewood
Explore Lakewood
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 Cary Horizon 62+ Senior Community in the Arrowhead neighborhood priced from $570. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon 62+ Senior Community | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Patriot Prairie of Woodstock | 1X1 | 1BR,1BA | $1,225 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| Willow Brooke | One Bedroom | 1BR,1BA | $1,280 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of September 10, 2026 the best value apartment in the Lakewood 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 Lakewood 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 Lakewood 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 |
| 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 |
| Cary Horizon 62+ Senior Community | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.65 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read Article
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lakewood, IL Rentals by Map
See the most popular apartments and homes in Lakewood, IL
Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 69 Apartments for Rent in Lakewood, IL with pricing that ranges from $570 to $4,600. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,475 to $4,600.
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 $1,475 to $4,600 with an average monthly rent of $2,811.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,460 to $4,546, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,855.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.