Cheap Homes for Rent in Tower Lakes, IL from $1,400 (9 Rentals)

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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.

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.

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 $1,250. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. 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, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Heritage Green Apartments1 BR/1BA1BR,1BA$1,275
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,394

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

As of December 27, 2025 the best value apartment in the Tower Lakes area is the $1.81 price per square foot TH-A Model at Enclave Crystal Lake Townhomes and Apartments in the in the Park Place neighborhood starting from $3,050. The second greatest value Tower Lakes apartment is the Haydenwood Sunroom Model at Redwood Crystal Lake starting at $2,827 with a $1.75 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.
Enclave Crystal Lake Townhomes and ApartmentsTH-A2BR,2.5BA$1.81
Redwood Crystal LakeHaydenwood Sunroom2BR,2BA$1.75
Albion on Lake Cook(D1r) 3 Bed, 2 Bath3BR,2BA$1.71
Redwood VoloMeadowood2BR,2BA$2.01
Redwood Fox River GroveMeadowood2BR,2BA$2.05
Morris Station2BR/2.0BA2BR,2BA$1.83
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Moore Court Apartments2BR/1BA2BR,1BA$1.58
The Meadows Apartments LakemoorLaurel1BR,1BA$1.95
Heritage Green Apartments1 BR/1BA1BR,1BA$1.70

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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Quick Rent Budget Calculator

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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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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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Frequently Asked Questions about Tower Lakes

What type of rentals are currently available in Tower Lakes?

There are currently 61 Apartments for Rent in Tower Lakes, IL with pricing that ranges from $1,162 to $5,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower Lakes ranging from $1,400 to $8,400.

What is the current price range for Rental Homes in Tower Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tower Lakes ranges from $1,400 to $8,400 with an average monthly rent of $2,663.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!