2 Bedroom Apartments for Rent in Third Lake, IL (46 Rentals)

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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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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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Brookstone Apartments
2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
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215 E Park Ave
2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
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36299 IL Route 83
2 Bedroom Apartments

36299 IL Route 83

36299 IL Route 83Round Lake Beach, IL 60073

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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649 Swan Dr
2 Bedroom Apartments

649 Swan Dr

649 Swan DrGrayslake, IL 60030
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John Mogg Apartments
2 Bedroom Apartments

John Mogg Apartments

18446 W Highway 120Grayslake, IL 60030
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629-648 Oriole Ct
2 Bedroom Apartments

629-648 Oriole Ct

629-648 Oriole CtGrayslake, IL 60030

Third Lake, IL Local Guide

Largest Available Third Lake and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Third Lake, IL is found at Eleven5 Lake in the Downtown Libertyville neighborhood and is 1,323 square feet priced from $3,145. Northline Apartments has the second largest 2 Bedroom, which is sized at 1,306 square feet and currently listed start at $3,250. Here is today’s list of the largest available 2 Bedroom units in Third Lake:

Apartment ListingModel NameSquare FootagePriced From
Eleven5 Lake2 Bedroom / 2 Bathroom1,323 Sq Ft$3,145
Northline ApartmentsUrban Loft1,306 Sq Ft$3,250
Gurnee Glen ApartmentsTwo Bedroom-81,241 Sq Ft$2,430
Woodlake ApartmentsWoodlyn1,219 Sq Ft$2,099
The Preserve at Osprey LakeThe Goldcrest1,154 Sq Ft$2,300
Woodview Apartments2BR/2BA1,100 Sq Ft$1,675
Kings Court Apartments2 bd1,050 Sq Ft$1,350
Cook Apartments at LibertyvilleB41,040 Sq Ft$2,100
Pembrook Club Apartment HomesThe Hampton1,002 Sq Ft$1,911
Willow Wind2 bedroom1,000 Sq Ft$1,300

Cheapest Available Third Lake and Nearby 2 Bedroom Apartments

As of September 09, 2025 the lowest priced 2 Bedroom apartment unit in Third Lake, IL is the 2 Bed 790SF Model starting from $1,200 at Lakewood Tower in the Grant's Grove neighborhood. The second most affordable Third Lake 2 Bedroom is the 2 bedroom Model at Willow Wind starting at $1,300 in the Lake Cogardens neighborhood. The average price for all 2 Bedroom apartments in Third Lake is currently $1,948. Here is today’s list of the cheapest available 2 Bedroom options in Third Lake:

Apartment ListingModel NamePriced From
Lakewood Tower2 Bed 790SF$1,200
Willow Wind2 bedroom$1,300
Kings Court Apartments2 bd$1,350
Briarwood Apartments2BR/1BA$1,400
Grand OaksBirch$1,411
Heritage Green2BR/1.5BA$1,500
Grays Pointe Apartments2 Bedroom Standard FP$1,500
Starling Senior Apartments2 Bed 1 Bath (60%)$1,503
The Lakes at Fountain Square Apartment HomesOntario$1,582
Woodview Apartments2BR/2BA$1,600

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

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Getting Around Third Lake, IL

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about 2 Bedroom Third Lake Apartments

How much is the average rent for a 2 Bedroom Third Lake Apartment?

The average rent for a 2 Bedroom Apartment in Third Lake is $1,948.

What is the largest available 2 Bedroom Third Lake Apartment for rent?

Today's apartment with the most square footage in Third Lake is a 1,323 square feet unit starting from $3,145 at Eleven5 Lake.

What is the average size for Third Lake 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Third Lake is currently 1,186 sq ft.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.