
Cheap Homes for Rent in Village Of Lakewood, IL from $1,500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Village Of Lakewood.


1371 Cunat Ct

423 Berkshire Dr

1372 Cunat Ct

651 S Virginia Rd

615 S Virginia Rd
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.

301 Village Creek Dr

413 Berkshire Dr

427 Village Creek Dr

10906 Woodstock St

2237 Dawson Ln

1316 Monroe St
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.
Village Of Lakewood, IL Local Guide

How much does it cost to rent a home in Village Of Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Village Of Lakewood 2 Bedroom Homes for Rent | $1,799 | $1,550 | $2,200 |
| Village Of Lakewood 3 Bedroom Homes for Rent | $2,775 | $2,300 | $4,000 |
| Village Of Lakewood 4 Bedroom Homes for Rent | $3,149 | $2,100 | $3,950 |
Browse Top Homes for Rent in Village Of Lakewood
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Village Of Lakewood, IL Local Guide
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Cheapest Neighborhoods for Apartments in Village Of Lakewood, IL
Pricing Updated: 12/31/2025Current apartment rentals in the Village Of Lakewood, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Village Of Lakewood Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Turnberry | $2,750 | $2,295 | 2 |
Cheapest Available Village Of Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Village Of Lakewood, IL is a Studio unit found at Patriot Prairie of Woodstock (FKA Prairie View) in the Savanna Grove neighborhood priced from $1,350. Eden Prairie Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Village Of Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patriot Prairie of Woodstock (FKA Prairie View) | STUDIO | Studio,1BA | $1,350 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,395 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Fawn Ridge Apartments | Hillshire Plus | 2BR,1BA | $1,469 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Village Of Lakewood, IL and Nearby
As of December 31, 2025 the best value apartment in the Village Of Lakewood 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 Village Of Lakewood apartment is the Rome Model at Conservancy at Gilberts starting at $2,640 with a $1.80 price per square foot in the Square Barn Road School Campus neighborhood. Here is today’s list of the best values for Village Of Lakewood 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 |
| Conservancy at Gilberts | Rome | 2BR,2.5BA | $1.80 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.42 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.77 |
| Woodcreek | Apt B | 2BR,2BA | $1.55 |
| Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1.5BA | $1.81 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Hillshire Plus | 2BR,1BA | $1.69 |
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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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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Village Of Lakewood
What type of rentals are currently available in Village Of Lakewood?
There are currently 41 Apartments for Rent in Village Of Lakewood, IL with pricing that ranges from $1,199 to $3,867. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Village Of Lakewood ranging from $1,550 to $4,000.
What is the current price range for Rental Homes in Village Of Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Village Of Lakewood ranges from $1,550 to $4,000 with an average monthly rent of $2,574.
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

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.

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!