Cheap Apartments for Rent in Round Lake, IL from $800 (21 Rentals)

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

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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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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Thomas Place Fox Lake
1 to 2 Bedroom Apartments

Thomas Place Fox Lake

229 Thomas LnFox Lake, IL 60020
Senior Living
  • Utilities Included

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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Round Lake, IL Local Guide

Cheapest Available Round Lake Apartments for Rent

 

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

Apartment ListingModel NameBed/BathPriced From
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1,200
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1,363
Heritage Green Apartments1 BR/1BA1BR,1BA$1,375

Best Value Apartments for Rent in Round Lake, IL

As of July 25, 2025 the best value apartment in the Round Lake area is the $1.48 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $1,850. The second greatest value Round Lake apartment is the Residence #5, 6, 7 and 8 (Plus Den) Model at River Place starting at $1,850 with a $1.68 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Round Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Fawn Ridge ApartmentsWynstone2BR,2BA$1.77
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Heritage Green Apartments1 BR/1BA1BR,1BA$1.83
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrH1BR,1BA$1.92
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1.71
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$2.03

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Best Local Schools in
Round Lake, IL

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Getting Around Round Lake, IL

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Round Lake Apartments

How much is rent for a Cheap One Bedroom Round Lake Apartment?

The lowest price for a Cheap One Bedroom Round Lake Apartment is $1,200 at Wauconda Park Apartments.

What is the lowest price for a Cheap Two Bedroom Round Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Round Lake is starting from $1,200 at Lakewood Tower.

What is the most affordable Round Lake Three Bedroom Apartment?

The best deal on a cheap Round Lake Three Bedroom Apartment rental is at Clublands of Antioch and starts from $3,250.

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.