Cheap Apartments for Rent in Volo, IL from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Volo.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 506 Lincoln Ave

$1,400 - $1,550

2 To 3 Bedroom Rentals

Available Now

506 Lincoln Ave

Fox LakeIL60041

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.

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Cash 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.

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Station 250
Rent Specials
$1,716 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,651
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Station 250

250 Plaza CirMundelein, IL 60060
Corporate Housing
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Thomas Place Fox Lake
1 to 2 Bedroom Apartments

Thomas Place Fox Lake

229 Thomas LnFox Lake, IL 60020
Senior Living
  • Utilities Included
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Lakewood Tower
1 to 2 Bedroom Apartments

Lakewood Tower

320 N Milwaukee AveLake Villa, IL 60046
Senior Living
  • Utilities Included

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.

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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
Student Housing
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Cotton Creek Apartments
1 to 2 Bedroom Apartments

Cotton Creek Apartments

517-525 E Burnett RdIsland Lake, IL 60042
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-46, Page 1 of 1

Volo, IL Local Guide

Cheapest Available Volo Apartments for Rent

 

The cheapest available apartment rental in Volo, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. 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 Volo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Fawn Ridge ApartmentsValley View1BR,1BA$1,220
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
534 E Washington StOne bed/One bath1BR,1BA$1,325
Lakeview Terrace ApartmentsTwo Bedroom2BR,1BA$1,400
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Brittany Square1 Bedroom1BR,1BA$1,475
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Water's Edge Apartments1 Bdrm/1 Bath1BR,1BA$1,490

Best Value Apartments for Rent in Volo, IL

As of May 09, 2026 the best value apartment in the Volo area is the $1.67 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,500. The second greatest value Volo apartment is the 2BR/2.0BA Model at Morris Station starting at $2,422 with a $1.78 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Volo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.67
Morris Station2BR/2.0BA2BR,2BA$1.78
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.41
Lakeview Terrace ApartmentsTwo Bedroom2BR,1.5BA$1.37
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Fawn Ridge ApartmentsValley View1BR,1BA$1.81

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Volo Apartments

How much is rent for a Cheap One Bedroom Volo Apartment?

The lowest price for a Cheap One Bedroom Volo Apartment is $1,200 at Wauconda Park Apartments.

What is the lowest price for a Cheap Two Bedroom Volo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Volo is starting from $1,244 at Rosewood Round Lake.

What is the most affordable Volo Three Bedroom Apartment?

The best deal on a cheap Volo Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.