
Cheap Homes for Rent in Tower Lakes, IL from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Tower Lakes.


423 Grand Blvd

200 Marlene Ct

423 Berkshire Dr
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.

3627 Linden Dr

290 Crestview Dr

106 E State Rd

520 Shorely Dr
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

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 | $1,996 | $1,400 | $3,101 |
| Tower Lakes 3 Bedroom Homes for Rent | $3,288 | $2,200 | $6,000 |
| Tower Lakes 4 Bedroom Homes for Rent | $4,242 | $3,100 | $8,400 |
| Tower Lakes 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeside Village Apartments | 0 BED / 1.0 BATH, 340 SQ FT - RENOVATED | Studio,1BA | $1,250 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,275 |
| Park Butterfield Apartments | Studio Floor Plan S1 | Studio,1BA | $1,370 |
Best Value Apartments for Rent in Tower Lakes, IL and Nearby
As of January 13, 2026 the best value apartment in the Tower Lakes area is the $1.88 price per square foot TH-A Model at Enclave Crystal Lake Townhomes and Apartments in the in the Park Place neighborhood starting from $3,172. The second greatest value Tower Lakes apartment is the Willowood Model at Redwood Crystal Lake starting at $2,599 with a $1.88 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Enclave Crystal Lake Townhomes and Apartments | TH-A | 2BR,2.5BA | $1.88 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| Albion on Lake Cook | D1 - 3 Bed, 2 Bath | 3BR,2BA | $1.90 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.74 |
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.80 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Moore Court Apartments | 2BR/1BA | 2BR,1BA | $1.58 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.84 |
| The Meadows Apartments Lakemoor | Laurel | 1BR,1BA | $1.89 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 $5,858. There are also 32 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 $2,874.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!