
Cheap Homes for Rent in Round Lake, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake.


99 North Ave

1627 Woodbine Dr

1627 Grove Dr

222 W Park Rd

37439 N Lake Shore Dr
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.

1248 N Red Oak Cir

363 Meadow Green Ln

440 Meadow Green Ln

928 N Village Dr

259 Lippincott Ln

630 Morningside Dr
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.
Round Lake, IL Local Guide

How much does it cost to rent a home in Round Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake 2 Bedroom Homes for Rent | $1,976 | $1,400 | $2,950 |
| Round Lake 3 Bedroom Homes for Rent | $2,559 | $1,800 | $3,400 |
| Round Lake 4 Bedroom Homes for Rent | $2,656 | $1,900 | $3,500 |
| Round Lake 5 Bedroom Homes for Rent | $2,599 | $2,599 | $2,599 |
| Round Lake 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Top Homes for Rent in Round Lake
Explore Round Lake
Round Lake, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Round Lake Apartments for Rent
 The cheapest available apartment rental in Round Lake, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,195. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,210. Here is today’s list of the most affordable Round Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeside Village Apartments | 0 BED / 1.0 BATH, 343 SQ FT - MID LEVEL | Studio,1BA | $1,195 |
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1,210 |
| Patriot Oaks (FKA Timber Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,395 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1,432 |
Best Value Apartments for Rent in Round Lake, IL
As of October 24, 2025 the best value apartment in the Round Lake area is the $1.92 price per square foot Florence Model at Clublands of Antioch in the in the Heritage Park neighborhood starting from $3,300. The second greatest value Round Lake apartment is the Capewood Model at Redwood Volo starting at $2,881 with a $1.78 price per square foot in the Liberty Lakes - Freedom Series 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. |
|---|---|---|---|
| Clublands of Antioch | Florence | 3BR,2BA | $1.92 |
| Redwood Volo | Capewood | 2BR,2BA | $1.78 |
| 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 | $1.77 |
| Grays Pointe Apartments | 2 Bedroom Platinum FP | 2BR,1.5BA | $1.56 |
| Grand Oaks | Ash | 2BR,1.5BA | $1.88 |
| NorthEnd Apartments | 1X1 | 1BR,1BA | $1.77 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1.83 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.86 |
| Fawn Ridge Apartments | Summit | 1BR,1BA | $1.69 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
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
Frequently Asked Questions about Round Lake
What type of rentals are currently available in Round Lake?
There are currently 68 Apartments for Rent in Round Lake, IL with pricing that ranges from $1,002 to $4,912. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake ranging from $1,200 to $4,500.
What is the current price range for Rental Homes in Round Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake ranges from $1,200 to $4,500 with an average monthly rent of $2,595.
How much are larger Three and Four Bedroom Rentals in Round Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Round Lake range from $1,593 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $3,415.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.