
Cheap Homes for Rent in Round Lake Park, IL from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake Park.


321 Meadow Green Ln

155 E Mill St

343 Meadow Green Ln

434 Meadow Green Ln

1524 W Sand Bar Ct
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

159 E Mill St

420 Meadow Green Ln

422 Meadow Green Ln

61 W Providence Ln

426 Alpine Dr

708 S Cedarwood Cir
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.

111 W Chatham Ln
Round Lake Park, IL Local Guide

How much does it cost to rent a home in Round Lake Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake Park 2 Bedroom Homes for Rent | $2,119 | $1,750 | $2,700 |
| Round Lake Park 3 Bedroom Homes for Rent | $2,707 | $2,000 | $4,700 |
| Round Lake Park 4 Bedroom Homes for Rent | $3,043 | $2,300 | $4,200 |
| Round Lake Park 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Round Lake Park
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Round Lake Park, IL Local Guide
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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 Rosewood Apartments priced from $1,244. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,307. Here is today’s list of the most affordable Round Lake Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1,244 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1,325 |
| Grand Oaks | Pine | 1BR,1BA | $1,391 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Round Lake Park, IL and Nearby
As of April 12, 2026 the best value apartment in the Round Lake Park area is the $1.83 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,486. The second greatest value Round Lake Park apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,900 with a $1.52 price per square foot in the Amber Shores neighborhood. Here is today’s list of the best values for Round Lake Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.83 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.52 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1.43 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Apartments | 2 Bedroom | 2BR,1BA | $1.32 |
| NorthEnd Apartments | 1X1 | 1BR,1BA | $1.88 |
| The Meadows Apartments Lakemoor | Clover | 1BR,1BA | $2.05 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Brittany Square | 1 Bedroom | 1BR,1BA | $1.97 |
| Moore Court Apartments | 1BR/1BA | 1BR,1BA | $1.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Round Lake Park, IL Rentals by Map
See the most popular apartments and homes in Round Lake Park, IL
Frequently Asked Questions about Round Lake Park
What type of rentals are currently available in Round Lake Park?
There are currently 77 Apartments for Rent in Round Lake Park, IL with pricing that ranges from $1,024 to $4,900. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake Park ranging from $1,125 to $4,700.
What is the current price range for Rental Homes in Round Lake Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake Park ranges from $1,125 to $4,700 with an average monthly rent of $2,641.
How much are larger Three and Four Bedroom Rentals in Round Lake Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Round Lake Park range from $1,257 to $4,586, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,700. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,550.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.