
Cheap Apartments for Rent in Round Lake, IL from $800 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Round Lake.


Coventry Glen Apartments

Lakewood Tower
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.

Beech St Senior Lofts

Timber Oaks (Patriot Oaks)

Lakeside Village Apartments

Wauconda Park Apartments

Liberty Towers

Moore Court Apartments
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.

Heritage Green Apartments

Mallard Ridge

130 Washington St, Unit B

The Woods of Terra Springs

Fawn Ridge Apartments

The Meadows Apartments Lakemoor
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.

Cook Apartments at Libertyville

Grays Pointe Apartments
Round Lake, IL Local Guide

How much does it cost to rent an apartment in Round Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Round Lake Studio Apartments | $1,853 | $1,195 | $3,759 |
Cheap Round Lake 1 Bedroom Apartments | $1,771 | $1,002 | $3,030 |
Cheap Round Lake 2 Bedroom Apartments | $2,225 | $1,200 | $3,655 |
Cheap Round Lake 3 Bedroom Apartments | $3,054 | $1,593 | $4,395 |
Cheap Round Lake 4 Bedroom Apartments | $4,017 | $3,550 | $4,912 |
Browse Top Apartments in Round Lake
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Round Lake, IL Local Guide
- Nearby Cities
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Cheapest Available Round Lake Apartments for Rent
 The cheapest available apartment rental in Round Lake, IL is a 1 Bed unit found at Timber Oaks (Patriot Oaks) in the Amber Shores neighborhood priced from $1,175. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,175 |
Wauconda Park Apartments | 1 bed/1 bath | 1BR,1BA | $1,200 |
Fawn Ridge Apartments | Wynstone | 2BR,2BA | $1,210 |
Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1,300 |
Lakeside Village Apartments | 1 BED / 1.0 BATH, 760 SQ FT - RENOVATED | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Round Lake, IL
As of June 24, 2025 the best value apartment in the Round Lake area is the $1.77 price per square foot Haydenwood Sunroom Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,869. The second greatest value Round Lake apartment is the 2BR/2.0BA Model at Morris Station starting at $2,495 with a $1.84 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Round Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Volo | Haydenwood Sunroom | 2BR,2BA | $1.77 |
Morris Station | 2BR/2.0BA | 2BR,2BA | $1.84 |
The Meadows Apartments Lakemoor | Townhome | 2BR,2.5BA | $1.52 |
West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.48 |
Fawn Ridge Apartments | Woodruff | 3BR,2BA | $1.60 |
River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.68 |
Brittany Square | 2 Bedrooms | 2BR,1BA | $1.72 |
Wauconda Park Apartments | 2 bed / 1 bath | 2BR,1BA | $1.83 |
Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1.86 |
Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.88 |
Quick 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.
Best Local Schools in Round Lake, IL
Park East School
Magee Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Round Lake, IL Rentals by Map
See the most popular apartments and homes in Round Lake, IL
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 $1,175 at Timber Oaks (Patriot Oaks).
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 $1,500 at Grays Pointe Apartments.
What is the most affordable Round Lake Three Bedroom Apartment?
The best deal on a cheap Round Lake Three Bedroom Apartment rental is at Fawn Ridge Apartments and starts from $1,925.
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.

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.

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.

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.

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.