
Cheap Homes for Rent in Ringwood, IL from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Ringwood.


317 Lake Ave

4314 W Shamrock Ln
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.

1506 Spring Brook Ct

46 N Lake Ave

531 Leah Ln, Unit 2A
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.
Ringwood, IL Local Guide

How much does it cost to rent a home in Ringwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ringwood 2 Bedroom Homes for Rent | $2,018 | $1,500 | $2,600 |
| Ringwood 3 Bedroom Homes for Rent | $2,480 | $2,000 | $3,000 |
| Ringwood 4 Bedroom Homes for Rent | $2,756 | $2,250 | $3,700 |
| Ringwood 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Ringwood
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Ringwood, IL Local Guide
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Cheapest Available Ringwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Ringwood, IL is a 1 Bed unit found at Silver Creek Apartments in the Bull Valley Golf Club neighborhood priced from $1,149. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1,149 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| Willow Brooke | One Bedroom | 1BR,1BA | $1,280 |
Best Value Apartments for Rent in Ringwood, IL and Nearby
As of April 24, 2026 the best value apartment in the Ringwood area is the $1.47 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value Ringwood apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,900 with a $1.52 price per square foot in the Amber Shores neighborhood. Here is today’s list of the best values for Ringwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.47 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| The Blake at Fox River | Langford Terrace | 2BR,2BA | $1.84 |
| Darlington Court Apartments | Two Bedroom/ One and 1/2 Bath | 2BR,1.5BA | $1.80 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Patriot Prairie of Woodstock | 2X1 | 2BR,1BA | $1.79 |
| Silver Creek Apartments | 1 Bedroom | 1BR,1BA | $1.70 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Ringwood, IL
Frequently Asked Questions about Ringwood
What type of rentals are currently available in Ringwood?
There are currently 43 Apartments for Rent in Ringwood, IL with pricing that ranges from $588 to $3,687. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ringwood ranging from $1,295 to $3,700.
What is the current price range for Rental Homes in Ringwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ringwood ranges from $1,295 to $3,700 with an average monthly rent of $2,472.
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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.