Cheap Apartments for Rent in Round Lake Beach, IL from $1,000 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Round Lake Beach.

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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124 E Main St
Studio Apartments

124 E Main St

124 E Main StRound Lake Park, IL 60073
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534 E Washington St
Studio to 1 Bedroom Apartments

534 E Washington St

534 E Washington StRound Lake Park, IL 60073

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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24329-67 Hwy 134
Studio to 3 Bedroom Apartments

24329-67 Hwy 134

24329-24347 W IL Route 134Round Lake, IL 60073
  • Utilities Included
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206-208 E Main St
1 Bedroom Apartments

206-208 E Main St

206-208 E Main StRound Lake Park, IL 60073

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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534-542 N Carol Ln
1 to 2 Bedroom Apartments

534-542 N Carol Ln

534-542 N Carol LnRound Lake, IL 60073

Round Lake Beach, IL Local Guide

Cheapest Available Round Lake Beach Apartments for Rent

 

The cheapest available apartment rental in Round Lake Beach, IL is a 2 Beds unit found at Lakewood Tower in the Grant's Grove neighborhood priced from $1,200. Coventry Glen Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,363. Here is today’s list of the most affordable Round Lake Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1,363
Brittany Square1A Bedroom1BR,1BA$1,465
Water's Edge Apartments2 Bdrm/1 Bath2BR,1BA$1,639

Best Value Apartments for Rent in Round Lake Beach, IL

As of July 28, 2025 the best value apartment in the Round Lake Beach area is the $1.73 price per square foot 2 Bdrm/1 Bath Model at Water's Edge Apartments in the in the Heritage Park neighborhood starting from $1,639. The second greatest value Round Lake Beach apartment is the 2 Bed 790SF Model at Lakewood Tower starting at $1,200 with a $1.52 price per square foot in the Grant's Grove neighborhood. Here is today’s list of the best values for Round Lake Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Water's Edge Apartments2 Bdrm/1 Bath2BR,1BA$1.73
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Brittany Square1A Bedroom1BR,1BA$1.95
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1.92

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

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Getting Around Round Lake Beach, IL

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.