Cheap Homes for Rent in Volo, IL from $1,100 (6 Rentals)

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Search the lowest-cost Homes 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.

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.

Volo, IL Local Guide

Cheapest Available Volo Apartments for Rent and Nearby

 

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. Rosewood Round Lake has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,244. 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
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307

Best Value Apartments for Rent in Volo, IL and Nearby

As of May 30, 2026 the best value apartment in the Volo area is the $1.60 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,400. 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$1.60
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
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
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

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 Volo

What type of rentals are currently available in Volo?

There are currently 66 Apartments for Rent in Volo, IL with pricing that ranges from $576 to $7,875. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Volo ranging from $1,175 to $3,700.

What is the current price range for Rental Homes in Volo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Volo ranges from $1,175 to $3,700 with an average monthly rent of $2,575.

How much are larger Three and Four Bedroom Rentals in Volo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Volo range from $1,257 to $4,876, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $7,875.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.