Cheap Apartments for Rent in Ringwood, IL from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ringwood.

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.

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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.

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Lakewood Tower
1 to 2 Bedroom Apartments

Lakewood Tower

320 N Milwaukee AveLake Villa, IL 60046
Senior Living
  • Utilities Included
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11236 258th Ct
1 to 2 Bedroom Apartments

11236 258th Ct

11236 258th CtTrevor, WI 53179
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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
Student Housing

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Showing Results 1-29, Page 1 of 1

Ringwood, IL Local Guide

Cheapest Available Ringwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ringwood, IL is a 1 Bed unit found at Tan Oak Apartments priced from $1,099. Rosewood Round Lake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,244. Here is today’s list of the most affordable Ringwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1,099
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Willow BrookeOne Bedroom1BR,1BA$1,280
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
Patriot Prairie of Woodstock2X12BR,1BA$1,375
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1,562
The Blake at Fox RiverEllory Terrace1BR,1BA$1,588
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1,700

Best Value Apartments for Rent in Ringwood, IL and Nearby

As of May 24, 2026 the best value apartment in the Ringwood area is the $1.52 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,900. The second greatest value Ringwood apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,700 with a $1.42 price per square foot in the East Suburban McHenry neighborhood. Here is today’s list of the best values for Ringwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Darlington Court ApartmentsTwo Bedroom/ One and 1/2 Bath2BR,1.5BA$1.80
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Patriot Prairie of Woodstock2X12BR,1BA$1.79
Willow BrookeOne Bedroom1BR,1BA$1.90
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1.69

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.

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

Explore Ringwood, IL Rentals by Map

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Frequently Asked Questions about Cheap Ringwood Apartments

How much is rent for a Cheap One Bedroom Ringwood Apartment?

The lowest price for a Cheap One Bedroom Ringwood Apartment is $1,099 at Tan Oak Apartments.

What is the lowest price for a Cheap Two Bedroom Ringwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ringwood is starting from $1,244 at Rosewood Round Lake.

What is the most affordable Ringwood Three Bedroom Apartment?

The best deal on a cheap Ringwood Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.