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$1,6001 Bedroom Apartments Available Sep 1
40 S Slusser St, Unit 42
40 S Slusser StGrayslake, IL 60030
Cheap Homes for Rent near Third Lake, IL from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Third Lake.
219 Center St
GrayslakeIL60030
389 Meadow Green Ln
Round Lake BeachIL60073
277 W Treehouse Ln
Round LakeIL60073
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.
544 Meadow Green Ln
Round Lake BeachIL60073
30 Woodland Dr
Round Lake BeachIL60073
959 Ellsworth Dr
GrayslakeIL60030
1887 N Nicole Ln
Round Lake BeachIL60073
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.
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Third Lake, IL Local Guide
Tall grass in the clouds by Tom Shockey is licensed under CC BY 2.0
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 | $2,225 | $1,800 | $2,700 |
| Third Lake 3 Bedroom Homes for Rent | $2,750 | $2,100 | $3,600 |
| Third Lake 4 Bedroom Homes for Rent | $3,915 | $3,200 | $6,300 |
| Third Lake 5 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Third Lake 7 Bedroom Homes for Rent | $4,150 | $3,300 | $5,000 |
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 Briarwood Apartments in the Pleasant Hill neighborhood priced from $1,175. Heritage Green in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here is today’s list of the most affordable Third Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1,250 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Third Lake, IL and Nearby
As of August 25, 2026 the best value apartment in the Third Lake area is the $1.76 price per square foot Accera End Model at Deercrest of Antioch in the in the Grant's Grove neighborhood starting from $2,630. The second greatest value Third Lake 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 Third Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deercrest of Antioch | Accera End | 2BR,2.5BA | $1.76 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.86 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| The Lakes at Fountain Square Apartment Homes | Ontario | 2BR,1BA | $1.90 |
| Kings Court Apartments | 1 bd | 1BR,1BA | $1.56 |
| Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
| Royal Oak Condos & Willows of Greys Lake | Aspen | 1BR,1BA | $1.90 |
| 534 E Washington St | One bed/One bath | 1BR,1BA | $1.89 |
| Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
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.
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Real 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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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 63 Apartments for Rent in Third Lake, IL with pricing that ranges from $988 to $4,870. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Third Lake ranging from $1,600 to $6,300.
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 $1,600 to $6,300 with an average monthly rent of $2,940.
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 $2,230 to $4,466, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,600. Four Bedroom Single-Family rentals are also available starting from $3,200 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.