300 Marlene Ct, Unit 5
300 Marlene Ct
WaucondaIL60084
Cheap Homes for Rent in Tower Lakes, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Tower Lakes.
340 Cary Algonquin Rd
CaryIL60013
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
241 S Highland Dr
LakemoorIL60051
310 Wethington Dr
WaucondaIL60084
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.
1010 S Osage Dr
McHenryIL60051
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Tower Lakes, IL Local Guide
Maple's during fall by Amanda Landers is licensed under CC BY 2.0
How much does it cost to rent a home in Tower Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Tower Lakes 2 Bedroom Homes for Rent | $2,432 | $1,950 | $3,000 |
| Tower Lakes 3 Bedroom Homes for Rent | $2,787 | $1,750 | $4,100 |
| Tower Lakes 4 Bedroom Homes for Rent | $4,508 | $3,100 | $8,400 |
Browse Top Homes for Rent in Tower Lakes
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Tower Lakes, IL Local Guide
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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. Rosewood Round Lake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,244. Here is today’s list of the most affordable Tower Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Tower Lakes, IL and Nearby
As of June 06, 2026 the best value apartment in the Tower Lakes area is the $1.95 price per square foot Willowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,699. The second greatest value Tower Lakes apartment is the 2BR/2.0BA Model at Morris Station starting at $2,422 with a $1.78 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Tower Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.95 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.78 |
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.91 |
| Redwood Volo | Forestwood | 2BR,2BA | $1.93 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B2 | 2BR,2BA | $1.66 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.89 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
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.
Read Article
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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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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See the most popular apartments and homes in Tower Lakes, IL
Frequently Asked Questions about Tower Lakes
What type of rentals are currently available in Tower Lakes?
There are currently 64 Apartments for Rent in Tower Lakes, IL with pricing that ranges from $1,100 to $6,626. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower Lakes ranging from $1,200 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 $1,200 to $8,400 with an average monthly rent of $2,823.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.