Cheap Homes for Rent in Tower Lakes, IL from $1,700 (12 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes 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.

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.

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 Moore Court Apartments priced from $1,300. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,318. Here is today’s list of the most affordable Tower Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Moore Court Apartments1BR/1BA1BR,1BA$1,300
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,318
Heritage Green Apartments1 BR/1BA1BR,1BA$1,375
Wauconda Park Apartments2 bed / 1 bath2BR,1BA$1,500
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,592

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

As of August 28, 2025 the best value apartment in the Tower Lakes area is the $1.11 price per square foot 2 Bedroom Model at The Church Street Apartments in the in the Park Place neighborhood starting from $2,000. The second greatest value Tower Lakes apartment is the Willowood Model at Redwood Fox River Grove starting at $2,849 with a $2.06 price per square foot in the Rawson Bridge 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.
The Church Street Apartments2 Bedroom2BR,2BA$1.11
Redwood Fox River GroveWillowood2BR,2BA$2.06
Albion on Lake CookNewly Renovated (D1r)3BR,2BA$1.83
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
The Clayson2 Bedrooms2BR,1BA$1.84
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Wauconda Park Apartments2 bed / 1 bath2BR,1BA$1.67
The Meadows Apartments LakemoorWillow2BR,1BA$1.92
Heritage Green Apartments1 BR/1BA1BR,1BA$1.83
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 #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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

View Map
Tower Lakes, IL Apartments Map
View Map
Tower Lakes, IL Rental Homes Map

Frequently Asked Questions about Tower Lakes

What type of rentals are currently available in Tower Lakes?

There are currently 59 Apartments for Rent in Tower Lakes, IL with pricing that ranges from $1,100 to $5,660. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower Lakes ranging from $1,750 to $13,000.

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 $1,750 to $13,000 with an average monthly rent of $5,249.

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 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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

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.