
Cheap Homes for Rent in Third Lake, IL from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Third Lake.


1204 N Hickory Terrace

1627 Woodbine Dr

32857 N Alleghany Rd

2417 Sherman Ave

755 Chandler Rd
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.

37439 N Lake Shore Dr

363 Meadow Green Ln

440 Meadow Green Ln

259 Lippincott Ln

33791 N Oak St

2124 Burr Oak Ln
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.

643 Ziegler Dr
Third Lake, IL Local Guide

How much does it cost to rent a home in Third Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Third Lake 2 Bedroom Homes for Rent | $1,955 | $1,400 | $2,300 |
| Third Lake 3 Bedroom Homes for Rent | $2,722 | $1,800 | $3,500 |
| Third Lake 4 Bedroom Homes for Rent | $3,180 | $2,200 | $3,900 |
| Third Lake 5 Bedroom Homes for Rent | $3,664 | $2,599 | $4,600 |
Browse Top Homes for Rent in Third Lake
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Third Lake, IL Local Guide
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Cheapest Available Third Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Third Lake, IL is a 1 Bed unit found at Kings Court Apartments in the Norshore Park neighborhood priced from $1,150. Briarwood Apartments in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Third Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kings Court Apartments | 1 bd | 1BR,1BA | $1,150 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1,250 |
| The Lakes at Fountain Square Apartment Homes | Michigan | 1BR,1BA | $1,386 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1,432 |
Best Value Apartments for Rent in Third Lake, IL and Nearby
As of November 01, 2025 the best value apartment in the Third Lake area is the $1.92 price per square foot Florence Model at Clublands of Antioch in the in the Heritage Park neighborhood starting from $3,300. The second greatest value Third Lake apartment is the Accera Model at Deercrest of Antioch starting at $2,575 with a $1.73 price per square foot in the Grant's Grove neighborhood. Here is today’s list of the best values for Third Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clublands of Antioch | Florence | 3BR,2BA | $1.92 |
| Deercrest of Antioch | Accera | 2BR,2.5BA | $1.73 |
| Cook Apartments at Libertyville | B4 | 2BR,2BA | $1.92 |
| Starling Senior Apartments | 2 Bed 1 Bath (60%) | 2BR,1BA | $1.52 |
| Grays Pointe Apartments | 2 Bedroom Platinum FP | 2BR,1.5BA | $1.56 |
| NorthEnd Apartments | 1X1 | 1BR,1BA | $1.66 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.44 |
| Coventry Glen Apartments | 1 Bdrm/1 Bath-3rd FlrV | 1BR,1BA | $1.83 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
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.
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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Third Lake, IL Rentals by Map
See the most popular apartments and homes in Third Lake, IL
Frequently Asked Questions about Third Lake
What type of rentals are currently available in Third Lake?
There are currently 48 Apartments for Rent in Third Lake, IL with pricing that ranges from $1,002 to $4,912. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Third Lake ranging from $1,200 to $4,600.
What is the current price range for Rental Homes in Third Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Third Lake ranges from $1,200 to $4,600 with an average monthly rent of $2,582.
How much are larger Three and Four Bedroom Rentals in Third Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Third Lake range from $2,035 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $3,415.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.