Cheap Apartments for Rent in Round Lake Park, IL from $700 (30 Rentals)

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

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.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
Student Housing

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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84 W Belvidere Rd
2 Bedroom Apartments

84 W Belvidere Rd

84 W Belvidere RdGrayslake, IL 60030
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Round Lake Park, IL Local Guide

Cheapest Available Round Lake Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Round Lake Park, IL is a 2 Beds unit found at Lakewood Tower in the Grant's Grove neighborhood priced from $1,200. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here is today’s list of the most affordable Round Lake Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood Tower2 Bed 790SF2BR,1BA$1,200
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Patriot Oaks (FKA Timber Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Heritage Green Apartments1 BR/1BA1BR,1BA$1,395
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1,432
Brittany Square1A Bedroom1BR,1BA$1,465
NorthEnd Apartments1X11BR,1BA$1,495
Grays Pointe Apartments2 Bedroom Standard FP2BR,1BA$1,500
Beech St Senior Lofts2 Bedroom2BR,1BA$1,503

Best Value Apartments for Rent in Round Lake Park, IL and Nearby

As of November 02, 2025 the best value apartment in the Round Lake Park area is the $1.52 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 $1,900. The second greatest value Round Lake Park apartment is the 2 Bedroom Floor Plan B2 Model at Park Butterfield Apartments starting at $1,722 with a $1.58 price per square foot in the South Vernon Hills neighborhood. Here is today’s list of the best values for Round Lake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Park Butterfield Apartments2 Bedroom Floor Plan B22BR,2BA$1.58
Moore Court Apartments2BR/1BA2BR,1BA$1.58
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Beech St Senior Lofts2 Bedroom2BR,1BA$1.65
The Woods of Terra SpringsMaple1BR,1BA$1.80
Lakewood Tower2 Bed 790SF2BR,1BA$1.52
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1.83
Heritage Green Apartments1 BR/1BA1BR,1BA$1.86
34175 N Hainesville Rd, Unit 1F34175 N Hainesville Rd1BR,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.

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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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The 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Round Lake Park, IL Rentals by Map

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Getting Around Round Lake Park, IL

Walk Score®

47 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 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 Park Apartments

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

The lowest price for a Cheap One Bedroom Round Lake Park Apartment is $1,307 at Patriot Oaks (FKA Timber Oaks).

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

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

What is the most affordable Round Lake Park Three Bedroom Apartment?

The best deal on a cheap Round Lake Park Three Bedroom Apartment rental is at NorthEnd Apartments and starts from $2,650.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.