Cheap Apartments for Rent in Wauconda, IL from $900 (19 Rentals)

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

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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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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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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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
Showing Results 1-19, Page 1 of 1

Wauconda, IL Local Guide

Cheapest Neighborhoods for Apartments in Wauconda, IL

Pricing Updated: 10/29/2025

Current apartment rentals in the Wauconda, 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 Wauconda Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Liberty Lakes - Freedom Series$1,804$1,5275

Cheapest Available Wauconda Apartments for Rent

 

The cheapest available apartment rental in Wauconda, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,195. Woodlands Apartment Homes in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,225. Here is today’s list of the most affordable Wauconda apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 343 SQ FT - MID LEVELStudio,1BA$1,195
Woodlands Apartment Homes0BR/1.0BAStudio,1BA$1,225
Patriot Oaks (FKA Timber Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Heritage Green Apartments1 BR/1BA1BR,1BA$1,395
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1,432

Best Value Apartments for Rent in Wauconda, IL

As of October 29, 2025 the best value apartment in the Wauconda area is the $1.78 price per square foot Capewood Model at Redwood Volo in the in the Liberty Lakes - Freedom Series neighborhood starting from $2,881. The second greatest value Wauconda apartment is the Willowood Model at Redwood Crystal Lake starting at $2,599 with a $1.88 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Wauconda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood VoloCapewood2BR,2BA$1.78
Redwood Crystal LakeWillowood2BR,2BA$1.88
Redwood Fox River GroveForestwood2BR,2BA$2.01
Stone Edge Apartments2 Bed 2 Bath Plus2BR,2BA$1.54
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.77
Park Butterfield Apartments2 Bedroom Floor Plan B22BR,2BA$1.58
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrV1BR,1BA$1.83
Heritage Green Apartments1 BR/1BA1BR,1BA$1.86

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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Best Local Schools in
Wauconda, IL

School data provided by Great Schools

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

Explore Wauconda, IL Rentals by Map

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See the most popular apartments and homes in Wauconda, IL

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Getting Around Wauconda, IL

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wauconda Apartments

What is the Cheapest Studio apartment in Wauconda?

Currently the most affordable Cheap Studio Apartment in Wauconda is at Lakeside Village Apartments listed at $1,195.

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

The lowest price for a Cheap One Bedroom Wauconda Apartment is $1,307 at Patriot Oaks (FKA Timber Oaks).

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

Today's best deal for a Cheap Two Bedroom Apartment in Wauconda is starting from $1,500 at Grays Pointe Apartments.

What is the most affordable Wauconda Three Bedroom Apartment?

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

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.