Cheap Apartments for Rent in Tower Lakes, IL from $900 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
Showing Results 1-14, 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 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. The Church Street Apartments in the Park Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Tower Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1,200
The Church Street Apartments1 Bedroom1BR,1BA$1,300
Moore Court Apartments1BR/1BA1BR,1BA$1,300
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,363
The Meadows Apartments LakemoorMarigold1BR,1BA$1,426

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

As of June 22, 2025 the best value apartment in the Tower Lakes area is the $1.78 price per square foot Haydenwood Sunroom Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,879. The second greatest value Tower Lakes apartment is the 3 Bedroom Model at The Schoolhouse Apartments starting at $2,400 with a $1.60 price per square foot in the Arrowhead 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 VoloHaydenwood Sunroom2BR,2BA$1.78
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.60
Redwood Crystal LakeWillowood2BR,2BA$1.81
Morris Station2BR/2.0BA2BR,2BA$1.84
Eastbanks of Lake Zurich2/22BR,2BA$1.77
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Pebbleshire ApartmentsTwo Bedroom- Remodeled2BR,1BA$1.78
Wauconda Park Apartments2 bed / 1 bath2BR,1BA$1.83
The Church Street Apartments1 Bedroom1BR,1BA$1.63
Moore Court Apartments1BR/1BA1BR,1BA$1.86

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

decorative image of woman handing cat to small boy

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

Explore Tower Lakes, IL Rentals by Map

Decorative image of map

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

View MapTower Lakes, IL Apartments MapView MapTower Lakes, IL Rental Homes Map

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

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

The lowest price for a Cheap One Bedroom Tower Lakes Apartment is $1,200 at Wauconda Park 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 $1,565 at Moore Court 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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.