124 W Washington St, Unit 114
124 W Washington St
Round LakeIL60073
Cheap Homes for Rent in Round Lake, IL from $1,325 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake.
126 W Washington St, Unit 223
126 W Washington St
Round LakeIL60073
1490 Spring Brook Ct
Round Lake BeachIL60073
542 N Carol Ln, Unit A1
542 N Carol Ln
Round LakeIL60073
367 Meadow Green Ln
Round Lake BeachIL60073
389 Meadow Green Ln
Round Lake BeachIL60073
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
403 Lincoln Ave
Fox LakeIL60041
487 Meadow Green Ln
Round Lake BeachIL60073
1202 N Red Oak Cir, Unit 2
1202 N Red Oak Cir
Round Lake BeachIL60073
1202 N Red Oak Cir
Round Lake BeachIL60073
30 Woodland Dr
Round Lake BeachIL60073
277 W Treehouse Ln
Round LakeIL60073
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,858 | $1,325 | $2,400 |
| Round Lake 3 Bedroom Homes for Rent | $2,688 | $1,975 | $3,500 |
| Round Lake 4 Bedroom Homes for Rent | $3,347 | $2,500 | $4,000 |
| Round Lake 5 Bedroom Homes for Rent | $3,566 | $3,300 | $3,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Round Lake, IL Local Guide
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Best Value Homes for Rent in Round Lake, IL
As of September 22, 2026 the best value rental home in the Round Lake area is the $1.25 price per square foot 277 W Biros Ln Model at 277 W Biros Ln in the Liberty Lakes - Freedom Series neighborhood starting from $3,500. The second greatest value Round Lake rental home is the 1998 N Karen Ln Model at 1998 N Karen Ln in the Amber Shores neighborhood starting at $3,500 with a $1.25 price per square foot. Here is today’s list of the best values for Round Lake homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 277 W Biros Ln | 277 W Biros Ln | 4BR, 3BA | $1.25 |
| 1998 N Karen Ln | 1998 N Karen Ln | 4BR, 3BA | $1.25 |
| 870 Waterview Dr | 870 Waterview Dr | 3BR, 2.5BA | $1.25 |
| 357 Waterbury Dr | 357 Waterbury Dr | 5BR, 3.5BA | $1.35 |
| 531 W Mara Lynn Ct | 531 W Mara Lynn Ct | 4BR, 2.5BA | $1.43 |
| 34734 N Long Ave | 34734 N Long Ave | 4BR, 3BA | $1.05 |
| 34406 Columbine Ct | 34406 Columbine Ct | 4BR, 2.5BA | $1.41 |
| 2835 Cattail Ct | 2835 Cattail Ct | 3BR, 3BA | $1.58 |
| 533 N Red Deer Rd | 533 N Red Deer Rd | 3BR, 3BA | $1.65 |
| 544 N Hainesville Rd | 544 N Hainesville Rd | 3BR, 2BA | $1.83 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Best Local Schools in Round Lake, IL
Park East School
Grayslake Central Consolidated School District 46
Public School - Grades K-5 (298)
8 out of 10
Magee Middle School
Round Lake Community Unit School District 116
Public School - Grades 6-8 (634)
4 out of 10
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 70 Apartments for Rent in Round Lake, IL with pricing that ranges from $1,100 to $4,870. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake ranging from $1,325 to $4,000.
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 $1,325 to $4,000 with an average monthly rent of $2,663.
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 $1,821 to $4,736, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,825.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.