Cheap Apartments for Rent in Tower Lakes, IL from $900 (18 Rentals)

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

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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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Showing Results 1-18, 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 Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,195. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,278. Here is today’s list of the most affordable Tower Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 343 SQ FT - MID LEVELStudio,1BA$1,195
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,278
Heritage Green Apartments1 BR/1BA1BR,1BA$1,395
The Meadows Apartments LakemoorMarigold1BR,1BA$1,449
Albion on NorthwestOak (A)1BR,1BA$1,575

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

As of September 15, 2025 the best value apartment in the Tower Lakes area is the $2.03 price per square foot Willowood Model at Redwood Fox River Grove in the in the Rawson Bridge neighborhood starting from $2,799. The second greatest value Tower Lakes apartment is the Newly Renovated (D1r) Model at Albion on Lake Cook starting at $2,450 with a $1.83 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.
Redwood Fox River GroveWillowood2BR,2BA$2.03
Albion on Lake CookNewly Renovated (D1r)3BR,2BA$1.83
Eastbanks of Lake Zurich2/22BR,2BA$1.76
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Riverwalk on MainAshcroft1BR,1.5BA$2.18
Darlington Court Apartments2 Bedroom/1.5 Bath2BR,1.5BA$1.66
The Clayson2 Bedrooms2BR,1BA$1.84
Heritage Green Apartments1 BR/1BA1BR,1BA$1.86
The Meadows Apartments LakemoorMarigold1BR,1BA$2.09

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Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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Getting Around Tower Lakes, IL

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Tower Lakes Apartments

What is the Cheapest Studio apartment in Tower Lakes?

Currently the most affordable Cheap Studio Apartment in Tower Lakes is at Lakeside Village Apartments listed at $1,195.

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

The lowest price for a Cheap One Bedroom Tower Lakes Apartment is $1,387 at Park Butterfield 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 $1,623 at Park Butterfield 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

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.