429 Berkshire Dr
Crystal LakeIL60014
Cheap Homes for Rent near Village Of Lakewood, IL from $1,300 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Village Of Lakewood.
1303 Cunat Ct
Lake In The HillsIL60156
651 S Virginia Rd
Crystal LakeIL60014
721 Dean St
WoodstockIL60098
352 College St
Crystal LakeIL60014
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.
5 S Virginia Rd
Crystal LakeIL60014
566 Somerset Ln
Crystal LakeIL60014
893 Golf Course Rd
Crystal LakeIL60014
219 Uteg St
Crystal LakeIL60014
187 Uteg St
Crystal LakeIL60014
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Village Of Lakewood, IL Local Guide
Midwest and Chili-dogs by Laura Gilchrist is licensed under CC BY 2.0
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 | $2,067 | $1,450 | $3,197 |
| Village Of Lakewood 3 Bedroom Homes for Rent | $2,770 | $2,200 | $3,650 |
| Village Of Lakewood 4 Bedroom Homes for Rent | $3,550 | $2,850 | $4,800 |
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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: 08/17/2026Current apartment rentals in the Village Of Lakewood, IL area range in price from $1,700 to $2,175 with an overall median price of $1,940. 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 | $1,940 | $1,700 | 9 |
Cheapest Available Village Of Lakewood Apartments for Rent and Nearby
The cheapest available apartment rental in Village Of Lakewood, IL is a 1 Bed unit found at Cary Horizon 62+ Senior Community in the Arrowhead neighborhood priced from $570. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable Village Of Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon 62+ Senior Community | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Village Of Lakewood, IL and Nearby
As of August 17, 2026 the best value apartment in the Village Of Lakewood area is the $1.17 price per square foot Large One Bedroom/Den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value Village Of Lakewood apartment is the 3 Bedroom Model at The Schoolhouse Apartments starting at $2,200 with a $1.47 price per square foot in the Arrowhead 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. |
|---|---|---|---|
| The Villas At Patriot Estates | Large One Bedroom/Den | 1BR,2.5BA | $1.17 |
| The Schoolhouse Apartments | 3 Bedroom | 3BR,2BA | $1.47 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.25 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| Residence of Fairway Greens | Two Bed One Bath | 2BR,1BA | $1.88 |
| Cary Horizon 62+ Senior Community | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.54 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
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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Frequently Asked Questions about Village Of Lakewood
What type of rentals are currently available in Village Of Lakewood?
There are currently 45 Apartments for Rent in Village Of Lakewood, IL with pricing that ranges from $570 to $4,600. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Village Of Lakewood ranging from $1,450 to $4,800.
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 $1,450 to $4,800 with an average monthly rent of $2,567.
How much are larger Three and Four Bedroom Rentals in Village Of Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Village Of Lakewood range from $1,460 to $4,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $3,855.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.