
Cheap Homes for Rent in Third Lake, IL from $1,100 (9 Rentals)
Cheap Homes in Third Lake.


1506 Spring Brook Ct

1414 W Clear Water Cir

451 Meadow Green Ln
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

422 Meadow Green Ln

522 Meadow Green Ln

1011 Farwell Ct

1618 Kildeer Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

22 Jr Ave
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 | $2,105 | $1,600 | $2,450 |
Third Lake 3 Bedroom Homes for Rent | $2,825 | $1,800 | $3,850 |
Third Lake 4 Bedroom Homes for Rent | $3,204 | $2,000 | $3,950 |
Third Lake 5 Bedroom Homes for Rent | $3,575 | $3,500 | $3,650 |
Third Lake 6 Bedroom Homes for Rent | $3,666 | $3,500 | $3,800 |
Browse Top Homes for Rent in Third Lake
Explore Third Lake
Third Lake, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Beechwood at the Preserve in the North Center neighborhood priced from $1,065. Heritage Green in the North Waukegan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Third Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1,065 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1,150 |
Fox Crest | Fox Crossing | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Third Lake, IL and Nearby
As of May 09, 2025 the best value apartment in the Third Lake area is the $1.66 price per square foot Campania End (TH) Model at Deercrest of Antioch in the in the Heritage Park neighborhood starting from $2,850. The second greatest value Third Lake apartment is the Harlequin Model at Landings at Amhurst Lake starting at $2,057 with a $2.05 price per square foot in the Pleasant Hill 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. |
---|---|---|---|
Deercrest of Antioch | Campania End (TH) | 3BR,3BA | $1.66 |
Landings at Amhurst Lake | Harlequin | 2BR,2BA | $2.05 |
Grays Pointe Apartments | 2 Bedroom Platinum FP | 2BR,1.5BA | $1.56 |
Imperial Tower Apartments | The Grand | 1BR,1BA | $1.45 |
The Lakes at Fountain Square Apartment Homes | Ontario | 2BR,1BA | $1.86 |
Luna Park | B-1 | 2BR,1BA | $2.12 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1.53 |
Fox Crest | Fox Crossing | 1BR,1BA | $1.60 |
Beechwood at the Preserve | One Bedroom | 1BR,1BA | $1.61 |
Woodview Apartments | 1BR/1BA | 1BR,1BA | $1.92 |
Quick 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.
Frequently Asked Questions about Third Lake
What type of rentals are currently available in Third Lake?
There are currently 45 Apartments for Rent in Third Lake, IL with pricing that ranges from $1,002 to $4,912. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Third Lake ranging from $1,195 to $3,950.
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 $1,195 to $3,950 with an average monthly rent of $2,801.
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 $2,150 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,145.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.