
Cheap Homes for Rent in Round Lake Beach, IL from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake Beach.


129 Cedar Ave

1506 Spring Brook Ct

37439 N Lake Shore Dr
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.

1160 N Red Oak Cir, Unit #2

2843 Falling Waters Dr

422 Meadow Green Ln

1288 N Red Oak Cir
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.
Round Lake Beach, IL Local Guide

How much does it cost to rent a home in Round Lake Beach?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake Beach 2 Bedroom Homes for Rent | $2,077 | $1,675 | $2,450 |
| Round Lake Beach 3 Bedroom Homes for Rent | $2,570 | $1,950 | $3,300 |
| Round Lake Beach 4 Bedroom Homes for Rent | $3,380 | $2,885 | $4,210 |
| Round Lake Beach 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Round Lake Beach
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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. 534 E Washington St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. 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 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1,325 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Round Lake Beach, IL
As of May 07, 2026 the best value apartment in the Round Lake Beach area is the $1.65 price per square foot Two Bedroom Two Bath Model at The Sanctuary of Lake Villa in the in the Heritage Park neighborhood starting from $2,010. 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 Two Bath | 2BR,2BA | $1.65 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Brittany Square | 1 Bedroom | 1BR,1BA | $1.97 |
| Water's Edge Apartments | 1 Bdrm/1 Bath | 1BR,1BA | $2.13 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1.89 |
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
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!
Explore Round Lake Beach, IL Rentals by Map
See the most popular apartments and homes in Round Lake Beach, IL
Frequently Asked Questions about Round Lake Beach
What type of rentals are currently available in Round Lake Beach?
There are currently 46 Apartments for Rent in Round Lake Beach, IL with pricing that ranges from $1,100 to $5,250. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake Beach ranging from $1,195 to $4,210.
What is the current price range for Rental Homes in Round Lake Beach?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake Beach ranges from $1,195 to $4,210 with an average monthly rent of $2,608.
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

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.

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.