Cheap Homes for Rent in Round Lake Heights, IL from $1,000 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Round Lake Heights.

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.

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 Heights, IL Local Guide

Cheapest Available Round Lake Heights Apartments for Rent and Nearby

 

The cheapest available apartment rental in Round Lake Heights, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. 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 Round Lake Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307

Best Value Apartments for Rent in Round Lake Heights, IL and Nearby

As of June 15, 2026 the best value apartment in the Round Lake Heights area is the $1.74 price per square foot Accera End Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,600. The second greatest value Round Lake Heights 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 Round Lake Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deercrest of AntiochAccera End2BR,2.5BA$1.74
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Coventry Glen Apartments2 Bdrm/2 bath-1st FlrW2BR,2BA$1.59
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Grand OaksAsh2BR,1.5BA$1.73
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.72
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72

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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Quick 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.

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

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Frequently Asked Questions about Round Lake Heights

What type of rentals are currently available in Round Lake Heights?

There are currently 66 Apartments for Rent in Round Lake Heights, IL with pricing that ranges from $1,050 to $4,900. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake Heights ranging from $1,095 to $4,210.

What is the current price range for Rental Homes in Round Lake Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake Heights ranges from $1,095 to $4,210 with an average monthly rent of $2,389.

How much are larger Three and Four Bedroom Rentals in Round Lake Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Round Lake Heights range from $1,257 to $3,755, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $3,520.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.