124 W Washington St, Unit 114
124 W Washington St
Round LakeIL60073
Cheap Homes for Rent in Round Lake, IL from $1,300 (14 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
6 N Pistakee Lake Rd
Fox LakeIL60020
389 Meadow Green Ln
Round Lake BeachIL60073
337 Meadow Green Ln
Round Lake BeachIL60073
1244 N Red Oak Cir
Round Lake BeachIL60073
487 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.
489 Meadow Green Ln
Round Lake BeachIL60073
277 W Treehouse Ln
Round LakeIL60073
544 Meadow Green Ln
Round Lake BeachIL60073
30 Woodland Dr
Round Lake BeachIL60073
127 Amberly Dr
Round LakeIL60073
959 Ellsworth Dr
GrayslakeIL60030
59 S 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 | $1,994 | $1,325 | $2,400 |
| Round Lake 3 Bedroom Homes for Rent | $2,512 | $1,900 | $2,950 |
| Round Lake 4 Bedroom Homes for Rent | $3,319 | $2,500 | $4,000 |
| Round Lake 5 Bedroom Homes for Rent | $3,533 | $3,400 | $3,600 |
| Round Lake 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
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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Cheapest Available Round Lake Apartments for Rent
The cheapest available apartment rental in Round Lake, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Round Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Round Lake, IL
As of August 08, 2026 the best value apartment in the Round Lake area is the $1.86 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,534. The second greatest value Round Lake apartment is the Waiting List Model at Northline Apartments starting at $1,990 with a $1.52 price per square foot in the Downtown Libertyville 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. |
|---|---|---|---|
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.86 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| The Residences at The Quarry | The Turner | 2BR,2BA | $1.92 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.64 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Savanna Ridge | B2 | 2BR,1.5BA | $1.89 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
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.
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Real 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 68 Apartments for Rent in Round Lake, IL with pricing that ranges from $1,100 to $4,870. There are also 48 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 $2,632.
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 $1,257 to $4,466, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,780.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.