6708 W 107th St
Chicago RidgeIL60415
Cheap Homes for Rent in Lake Katherine Neighborhood of Palos Heights, IL from $1,300 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Katherine area of Palos Heights.
6409 W Home Ave, Unit 6B
6409 W Home Ave
WorthIL60482
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
10440 Natoma Ave
Chicago RidgeIL60415
11730 S Ridgeland Ave
WorthIL60482
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.
6657 W 111th St
WorthIL60482
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Lake Katherine, Palos Heights, IL Local Guide
Lake Katherine, a nature preserve in Palos Heights, Illinois by Mike F. is licensed under CC BY 2.0
How much does it cost to rent a home in Lake Katherine?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Katherine 2 Bedroom Homes for Rent | $1,839 | $1,350 | $2,950 |
| Lake Katherine 3 Bedroom Homes for Rent | $2,950 | $2,850 | $3,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Lake Katherine Neighborhood of Palos Heights, IL.
Explore Palos Heights
Lake Katherine, Palos Heights, IL Local Guide
- Nearby Palos Heights neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Available Lake Katherine Apartments for Rent
The cheapest available apartment rental in the Lake Katherine area of Chicago, IL is a 1 Bed unit found at Pinnacle Apartments priced from $1,150. Chateau Royale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Lake Katherine apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pinnacle Apartments | One Bedroom | 1BR,1BA | $1,150 |
| Chateau Royale | 1BR / 1 BA with Den | 1BR,1BA | $1,325 |
| 11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Lake Katherine, IL
As of June 09, 2026 the best value apartment in the Lake Katherine area is the $1.56 price per square foot 2BR / 1 BA Model at Chateau Royale in the in the Lake Katherine neighborhood starting from $1,400. The second greatest value Lake Katherine apartment is the 2 bed/1 bath Model at 11180 - 11185 Moraine Dr starting at $1,700 with a $2.02 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. |
|---|---|---|---|
| Chateau Royale | 2BR / 1 BA | 2BR,1BA | $1.56 |
| 11180 - 11185 Moraine Dr | 2 bed/1 bath | 2BR,1BA | $2.02 |
| 11011-11013 S Lloyd Dr | 1 Bed, 1 bath | 1BR,1BA | $2.33 |
| Pinnacle Apartments | One Bedroom | 1BR,1BA | $2.61 |
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
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.
Read ArticleQuick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Lake Katherine, Palos Heights, IL
Palos East Elementary School
Palos Central Consolidated School District 118
Public School - Grades K-5 (689)
10 out of 10
Amos Alonzo Stagg High School
Cons Hsd 230 School District
Public School - Grades 9-12 (2538)
8 out of 10
Palos South Middle School
Palos Central Consolidated School District 118
Public School - Grades 6-8 (701)
10 out of 10
School data provided by Great Schools
Frequently Asked Questions about Lake Katherine
What type of rentals are currently available in Lake Katherine?
There are currently 79 Apartments for Rent in Lake Katherine, IL with pricing that ranges from $1,150 to $17,007. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Katherine ranging from $1,350 to $3,100.
What is the current price range for Rental Homes in Lake Katherine?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Katherine ranges from $1,350 to $3,100 with an average monthly rent of $2,163.
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.
Helpful Local Expert Guides
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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
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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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.