208 S Main St
WaucondaIL60084
Cheap Homes for Rent near Tower Lakes, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Tower Lakes.
301 W Main St
BarringtonIL60010
718 Three Oaks Rd
CaryIL60013
634 Nantucket Way
Island LakeIL60042
812 Ridge Ave
WaucondaIL60084
212 Franklin St
BarringtonIL60010
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
608 Sheridan Dr
WaucondaIL60084
3451 Waterford Way
Island LakeIL60042
21276 W Arbor Ln
Lake ZurichIL60047
3829 Eastway Dr
Island LakeIL60042
647 W Jonathan Dr
Round LakeIL60073
342 E Russell St
BarringtonIL60010
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $2,357 | $2,000 | $2,800 |
| Tower Lakes 3 Bedroom Homes for Rent | $3,062 | $2,075 | $4,595 |
| Tower Lakes 4 Bedroom Homes for Rent | $5,363 | $3,650 | $8,400 |
| Tower Lakes 5 Bedroom Homes for Rent | $10,996 | $6,990 | $10,000+ |
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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 Cary Horizon in the Arrowhead neighborhood priced from $570. Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Tower Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| 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 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Tower Lakes, IL and Nearby
As of July 22, 2026 the best value apartment in the Tower Lakes area is the $2.02 price per square foot Meadowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,674. The second greatest value Tower Lakes apartment is the 2/2 Model at Eastbanks of Lake Zurich starting at $2,395 with a $1.91 price per square foot in the Hawthorn Woods Country Club 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 | Meadowood | 2BR,2BA | $2.02 |
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.91 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.90 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Cary Horizon | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $2.00 |
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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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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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 65 Apartments for Rent in Tower Lakes, IL with pricing that ranges from $570 to $6,611. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tower Lakes ranging from $1,295 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 $1,295 to $13,000 with an average monthly rent of $4,714.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.