Cheap Homes for Rent in Lily Lake, IL from $1,700 (13 Rentals)

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Lily Lake, IL Local Guide

Cheapest Available Lily Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lily Lake, IL is a Studio unit found at Royal Ridge Apartments in the West Ridge Village neighborhood priced from $1,125. 39 Surrey Dr in the West Ridge Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Lily Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Ridge ApartmentsStudioStudio,1BA$1,125
39 Surrey Dr39 Surrey2BR,1BA$1,400
Green Meadows ApartmentsClassic1BR,1BA$1,450
The View Apartments St CharlesOutlook1BR,1BA$1,609
Reserve at Village CenterMarigoldStudio,1BA$1,655

Best Value Apartments for Rent in Lily Lake, IL and Nearby

As of August 29, 2025 the best value apartment in the Lily Lake area is the $1.61 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,950. The second greatest value Lily Lake apartment is the 3BR/2.5BA Model at 1012-1070 Turin starting at $2,595 with a $1.56 price per square foot . Here is today’s list of the best values for Lily Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.61
1012-1070 Turin3BR/2.5BA3BR,2.5BA$1.56
Dodson Place ResidentialCardinal2BR,2BA$1.99
Randall HighlandsInverness3BR,2.5BA$2.10
FirethornePremier2BR,2BA$1.85
Pepper Valley Apartments2 BDR/2 BATH2BR,2BA$1.71
St. Charles Place Apartments2BR/1BA2BR,1BA$1.89
Ashford at Geneva2A2BR,1BA$2.11
39 Surrey Dr39 Surrey2BR,1BA$1.65
Panton Mill StationThe Beech1BR,1BA$2.01

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

Explore Lily Lake, IL Rentals by Map

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Frequently Asked Questions about Lily Lake

What type of rentals are currently available in Lily Lake?

There are currently 38 Apartments for Rent in Lily Lake, IL with pricing that ranges from $826 to $7,803. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lily Lake ranging from $1,700 to $7,100.

What is the current price range for Rental Homes in Lily Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lily Lake ranges from $1,700 to $7,100 with an average monthly rent of $3,623.

How much are larger Three and Four Bedroom Rentals in Lily Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lily Lake range from $1,855 to $7,803, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,950.

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 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.