Cheap Apartments for Rent in the Lake Katherine Neighborhood of Palos Heights, IL from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Katherine area of Palos Heights.

Briargate Apartments

Pinnacle Apartments

Chateau Royale
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.
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.
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.
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.
Lake Katherine, Palos Heights, IL Local Guide

How much does it cost to rent an apartment in Lake Katherine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Katherine 1 Bedroom Apartments | $1,225 | $985 | $1,400 |
Lake Katherine 2 Bedroom Apartments | $1,482 | $1,280 | $1,750 |
Lake Katherine 3 Bedroom Apartments | $6,740 | $6,629 | $6,852 |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Lake Katherine Neighborhood of Palos Heights, IL.
See all Apartments in Palos HeightsExplore Palos Heights
Lake Katherine, Palos Heights, IL Local Guide
- Nearby Palos Heights neighborhoods
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Cheapest Available Lake Katherine Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pinnacle Apartments | One Bedroom | 1BR,1BA | $985 |
11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Lake Katherine, IL
As of September 20, 2025 the best value apartment in the Lake Katherine area is the $2.08 price per square foot 1 Bed, 1 bath Model at 11011-11013 S Lloyd Dr in the in the Lake Katherine neighborhood starting from $1,250. The second greatest value Lake Katherine apartment is the One Bedroom Model at Pinnacle Apartments starting at $985 with a $2.24 price per square foot in the Lake Katherine neighborhood. Here is today’s list of the best values for Lake Katherine apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $2.08 |
Pinnacle Apartments | One Bedroom | 1BR,1BA | $2.24 |
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Pet Friendly LifestyleLake Katherine, Palos Heights, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Katherine, Palos Heights, IL
Palos East Elementary School
Amos Alonzo Stagg High School
Palos South Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Katherine Apartments
How much is rent for a Cheap One Bedroom Lake Katherine Apartment?
The lowest price for a Cheap One Bedroom Lake Katherine Apartment is $985 at Pinnacle Apartments.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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.