
Cheap Homes for Rent near Round Lake Park, IL from $1,325 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake Park.


126 W Washington St, Unit 223

542 N Carol Ln, Unit 3C

40 S Slusser St, Unit 42
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.

219 Center St

367 Meadow Green Ln

389 Meadow Green Ln

337 Meadow Green Ln
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.

487 Meadow Green 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 | $1,880 | $1,325 | $2,400 |
| Round Lake Park 3 Bedroom Homes for Rent | $2,512 | $2,000 | $3,000 |
| Round Lake Park 4 Bedroom Homes for Rent | $3,589 | $3,300 | $4,000 |
| Round Lake Park 5 Bedroom Homes for Rent | $3,450 | $3,300 | $3,600 |
| Round Lake Park 7 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
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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 1 Bed unit found at Harbor View Apartments in the Amber Shores neighborhood priced from $1,070. Patriot Oaks in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. Here is today’s list of the most affordable Round Lake Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harbor View Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,070 |
| Patriot Oaks | Studio 1 bathroom | 1BR,2BA | $1,121 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Round Lake Park, IL and Nearby
As of August 25, 2026 the best value apartment in the Round Lake Park area is the $1.92 price per square foot Haydenwood Sunroom Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $3,110. The second greatest value Round Lake Park apartment is the 2BR/2.0BA Model at Morris Station starting at $2,525 with a $1.86 price per square foot in the Central Vernon Hills 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. |
|---|---|---|---|
| Redwood Volo | Haydenwood Sunroom | 2BR,2BA | $1.92 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.86 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.64 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| 239 N Lake St | 2 Beds, 1 Baths | 2BR,1BA | $1.67 |
| The Meadows Apartments Lakemoor | Laurel | 1BR,1BA | $2.07 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrH | 1BR,1BA | $2.01 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1.89 |
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 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Round Lake Park, IL Rentals by Map
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Frequently Asked Questions about Round Lake Park
What type of rentals are currently available in Round Lake Park?
There are currently 74 Apartments for Rent in Round Lake Park, IL with pricing that ranges from $1,100 to $4,870. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake Park ranging from $1,325 to $4,000.
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 $1,325 to $4,000 with an average monthly rent of $2,563.
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 $3,250 to $4,466, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $3,300 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.

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.

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.