
Cheap Apartments for Rent in Round Lake Beach, IL from $1,100 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Round Lake Beach.


321 Meadow Green Ln

487 Meadow Green Ln

1548 W Sand Bar Ct

389 Meadow Green Ln

337 Meadow Green Ln

1244 N Red Oak Cir
Rent According to Income: A Look at Income-Restricted Rentals
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544 Meadow Green Ln

Rosewood Round Lake

Deep Lake Hermitage

Lakeview Terrace Apartments

534 E Washington St

124 W Washington St, Unit 114

Water's Edge Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

126 W Washington St, Unit 223

Coventry Glen Apartments

Mallard Ridge

40 S Slusser St

Brittany Square

239 N Lake St

6 N Pistakee Lake Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

The Sanctuary of Lake Villa

277 W Treehouse Ln
Round Lake Beach, IL Local Guide

How much does it cost to rent an apartment in Round Lake Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake Beach 1 Bedroom Apartments | $1,457 | $1,100 | $1,600 |
| Round Lake Beach 2 Bedroom Apartments | $1,701 | $1,244 | $1,999 |
| Round Lake Beach 3 Bedroom Apartments | $1,257 | $1,257 | $1,257 |
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Round Lake Beach, IL Local Guide
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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 Rosewood Round Lake priced from $1,244. Lakeview Terrace Apartments in the Grant's Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Round Lake Beach apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1BA | $1,400 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-1st FlrH | 1BR,1BA | $1,445 |
| 239 N Lake St | 2 Beds, 1 Baths | 2BR,1BA | $1,500 |
| Water's Edge Apartments | 2 Bdrm/2 Bath | 2BR,2BA | $1,565 |
Best Value Apartments for Rent in Round Lake Beach, IL
As of August 02, 2026 the best value apartment in the Round Lake Beach area is the $1.64 price per square foot Two Bedroom One Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $1,995. The second greatest value Round Lake Beach apartment is the Two Bedroom Model at Lakeview Terrace Apartments starting at $1,400 with a $1.37 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Sanctuary of Lake Villa | Two Bedroom One Bath | 2BR,1BA | $1.64 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Water's Edge Apartments | 2 Bdrm/2 Bath | 2BR,2BA | $1.57 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| 239 N Lake St | 2 Beds, 1 Baths | 2BR,1BA | $1.67 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-1st FlrH | 1BR,1BA | $2.04 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Round Lake Beach, IL Rentals by Map
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Frequently Asked Questions about Cheap Round Lake Beach Apartments
What is the lowest price for a Cheap Two Bedroom Round Lake Beach Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Round Lake Beach is starting from $1,244 at Rosewood Round Lake.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.