Studio Apartments for Rent near Lily Lake, IL (12 Rentals)

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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.

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39 Surrey Dr
Studio Apartments

39 Surrey Dr

51 Surrey DrElgin, IL 60123
  • Utilities Included

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.

Lily Lake, IL Local Guide

Largest Available Lily Lake and Nearby Studio Apartments

The largest available Studio apartment unit in Lily Lake, IL is found at Residence at Mill Creek in the Randall Road Corridor neighborhood and is 680 square feet priced from $1,835. Springs at St Charles in the Oak Meadows neighborhood has the second largest Studio, which is sized at 662 square feet and currently listed start at $1,742. Here is today’s list of the largest available Studio units in Lily Lake:

Apartment ListingModel NameSquare FootagePriced From
Residence at Mill CreekDeerpath680 Sq Ft$1,835
Springs at St CharlesStudio Grand Overlook662 Sq Ft$1,742
Authentix South ElginStudio Retreat Courtyard622 Sq Ft$1,652
Reserve at Prairie CentreAster537 Sq Ft$1,678

Cheapest Available Lily Lake and Nearby Studio Apartments

As of July 24, 2026 the lowest priced Studio apartment unit in Lily Lake, IL is the Studio Horizon Overlook Model starting from $1,562 at Authentix South Elgin in the Valley View neighborhood. The second most affordable Lily Lake Studio is the Aster Model at Reserve at Prairie Centre starting at $1,678 in the Riverfront neighborhood. The average price for all Studio apartments in Lily Lake is currently $1,658. Here is today’s list of the cheapest available Studio options in Lily Lake:

Apartment ListingModel NamePriced From
Authentix South ElginStudio Horizon Overlook$1,562
Reserve at Prairie CentreAster$1,678
Springs at St CharlesStudio Grand Overlook$1,742
Residence at Mill CreekDeerpath$1,835

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 Studio Lily Lake Apartments

What is the Cheapest apartment in Lily Lake with Studio?

Currently the most affordable Studio in Lily Lake is at Authentix South Elgin listed at $1,562.

How much is the average rent for a Studio Lily Lake Apartment?

The average rent for a Studio Apartment in Lily Lake is $1,658.

What is the largest available Studio Lily Lake Apartment for rent?

Today's apartment with the most square footage in Lily Lake is a 680 square feet unit starting from $1,835 at Residence at Mill Creek.

What is the average size for Lily Lake Studio Apartments for rent?

The average size for a Studio rental in Lily Lake is currently 601 sq ft.

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.