23 N Channing St
ElginIL60120
Cheap Homes for Rent in Lily Lake, IL from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lily Lake.
530 Locust St
ElginIL60123
280 WoodridgeUnit C
South ElginIL60177
1216 Sandhurst Ln
South ElginIL60177
6N582 Illinois St
St. CharlesIL60174
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
279 Bayview Rd
ElginIL60123
243 S 17th St
St. CharlesIL60174
512 Elm St
HampshireIL60140
1777 Spinnaker St
Pingree GroveIL60140
823 N First St
ElburnIL60119
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Lily Lake, IL Local Guide
Sunrise in field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent a home in Lily Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lily Lake 2 Bedroom Homes for Rent | $2,763 | $1,675 | $5,000 |
| Lily Lake 3 Bedroom Homes for Rent | $2,994 | $2,130 | $5,950 |
| Lily Lake 4 Bedroom Homes for Rent | $3,942 | $2,800 | $5,800 |
| Lily Lake 5 Bedroom Homes for Rent | $5,500 | $4,200 | $6,800 |
Browse Top Homes for Rent in Lily Lake
Explore Lily Lake
Lily Lake, IL Local Guide
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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 Edgewater 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
| 39 Surrey Dr | 39 Surrey | 2BR,1BA | $1,400 |
| Green Meadows Apartments | Classic | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Lily Lake, IL and Nearby
As of October 19, 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 3A Model at Seasons at North Aurora starting at $2,995 with a $1.97 price per square foot in the Randall Road Corridor neighborhood. Here is today’s list of the best values for Lily Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terrabrook at Prairie Ridge | Gregory End | 4BR,2.5BA | $1.61 |
| Seasons at North Aurora | 3A | 3BR,2BA | $1.97 |
| Dodson Place Residential | Cardinal | 2BR,2BA | $1.99 |
| 1012-1070 Turin | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Firethorne | Premier | 2BR,2BA | $1.85 |
| Pepper Valley Apartments | 2 BDR/2 BATH | 2BR,2BA | $1.71 |
| Green Meadows Apartments | Luxury | 2BR,1.5BA | $2.11 |
| St. Charles Place Apartments | 2BR/1BA | 2BR,1BA | $1.89 |
| Ashford at Geneva | 2A | 2BR,1BA | $1.95 |
| 39 Surrey Dr | 39 Surrey | 2BR,1BA | $1.65 |
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
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Explore Lily Lake, IL Rentals by Map
See the most popular apartments and homes in Lily Lake, IL
Frequently Asked Questions about Lily Lake
What type of rentals are currently available in Lily Lake?
There are currently 39 Apartments for Rent in Lily Lake, IL with pricing that ranges from $826 to $4,550. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lily Lake ranging from $1,675 to $6,800.
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 $1,675 to $6,800 with an average monthly rent of $3,389.
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 $4,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,130 to $5,950. 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.
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.
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.