Cheap Apartments for Rent in Tower Lakes, IL from $900 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Tower Lakes.

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.

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Albion on Northwest
Rent Specials
$1,516 - $2,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,516 - $2,391
Total Monthly Price
$1,516 - $2,391
1 to 2 Bedroom Apartments Available Now

Albion on Northwest

975 N Sterling AvePalatine, IL 60067
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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.

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Station 250
Rent Specials
$1,716 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,651
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Apr 11

Station 250

250 Plaza CirMundelein, IL 60060
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

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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Water's Edge
Rent Specials
$1,965 - $4,053
Total Monthly Price

Total Monthly Price

Base Rent
$1,965 - $4,053
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Water's Edge

311 Waters Edge DrCrystal Lake, IL 60014
Family Friendly
  • Verified
  • 3D Tour
  • Smoke Free

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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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
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Cardinal Square
Studio to 3 Bedroom Apartments

Cardinal Square

300 Anthony AveMundelein, IL 60060
Corporate Housing

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.

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Showing Results 1-40, Page 1 of 1

Tower Lakes, IL Local Guide

Cheapest Available Tower Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tower Lakes, IL is a 2 Beds unit found at Rosewood Apartments priced from $1,244. Moore Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Tower Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rosewood Apartments2 Bedroom2BR,1BA$1,244
Moore Court Apartments1BR/1BA DEN1BR,1BA$1,375
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
The Clayson1 Bedroom1BR,1BA$1,473
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT - RENOVATED1BR,1BA$1,485
Albion on NorthwestOak (A) 1 Bedroom Apartment1BR,1BA$1,516
Park Butterfield Apartments2 Bedroom Floor Plan B12BR,1BA$1,558
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,650
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,675

Best Value Apartments for Rent in Tower Lakes, IL and Nearby

As of April 09, 2026 the best value apartment in the Tower Lakes area is the $1.83 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,486. The second greatest value Tower Lakes apartment is the C2 - 2 Bed + Den, 2 Bath Model at Albion on Lake Cook starting at $2,532 with a $1.89 price per square foot in the Cherrybrook Village neighborhood. Here is today’s list of the best values for Tower Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morris Station2BR/2.0BA2BR,2BA$1.83
Albion on Lake CookC2 - 2 Bed + Den, 2 Bath2BR,2BA$1.89
Redwood Fox River GroveForestwood2BR,2BA$2.03
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Park Butterfield Apartments2 Bedroom Floor Plan B12BR,1BA$1.43
Emerald Pointe Apartments2 Bedroom 1 Bath (954 sq ft)2BR,1BA$1.82
Rosewood Apartments2 Bedroom2BR,1BA$1.32
The Meadows Apartments LakemoorClover1BR,1BA$2.05
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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

Explore Tower Lakes, IL Rentals by Map

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See the most popular apartments and homes in Tower Lakes, IL

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Frequently Asked Questions about Cheap Tower Lakes Apartments

How much is rent for a Cheap One Bedroom Tower Lakes Apartment?

The lowest price for a Cheap One Bedroom Tower Lakes Apartment is $1,375 at Moore Court Apartments.

What is the lowest price for a Cheap Two Bedroom Tower Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tower Lakes is starting from $1,244 at Rosewood Apartments.

What is the most affordable Tower Lakes Three Bedroom Apartment?

The best deal on a cheap Tower Lakes Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.