
Cheap Homes for Rent in Round Lake Heights, IL from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake Heights.


46 N Lake Ave

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.

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 Heights, IL Local Guide

How much does it cost to rent a home in Round Lake Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake Heights 2 Bedroom Homes for Rent | $2,066 | $1,700 | $2,500 |
| Round Lake Heights 3 Bedroom Homes for Rent | $2,583 | $1,995 | $3,190 |
| Round Lake Heights 4 Bedroom Homes for Rent | $3,022 | $2,200 | $4,210 |
| Round Lake Heights 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Round Lake Heights
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Round Lake Heights, IL Local Guide
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Cheapest Available Round Lake Heights Apartments for Rent and Nearby
 The cheapest available apartment rental in Round Lake Heights, IL is a 2 Beds unit found at Rosewood Round Lake priced from $1,244. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Round Lake Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Round Lake Heights, IL and Nearby
As of April 29, 2026 the best value apartment in the Round Lake Heights area is the $1.73 price per square foot Accera Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,575. The second greatest value Round Lake Heights apartment is the 2BR/2.0BA Model at Morris Station starting at $2,451 with a $1.80 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Round Lake Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deercrest of Antioch | Accera | 2BR,2.5BA | $1.73 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.80 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| The Meadows Apartments Lakemoor | Cypress | 2BR,2BA | $1.86 |
| Lakeview Terrace Apartments | Two Bedroom | 2BR,1.5BA | $1.37 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1.89 |
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 Round Lake Heights, IL
Frequently Asked Questions about Round Lake Heights
What type of rentals are currently available in Round Lake Heights?
There are currently 67 Apartments for Rent in Round Lake Heights, IL with pricing that ranges from $1,100 to $5,250. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake Heights ranging from $1,450 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 $1,450 to $4,210 with an average monthly rent of $2,574.
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 $1,995 to $3,190. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,550.
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.