
Cheap Apartments for Rent in Wauconda, IL from $570 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Wauconda.


100 Marlene Ct, Unit 1

Marlene Court Apartments

208 S Main St

662 Walnut Rd

Cary Horizon 62+ Senior Community

101 S Lily Lake Rd

Rosewood Round Lake

Patriot Oaks
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.

Beech St Senior Lofts

Woodlands Apartment Homes

Moore Court Apartments

Heritage Green Apartments

Park Butterfield Apartments

Lakeside Village Apartments

The Blake at Fox River

Brittany Square

Oakbrook Estates- Senior 55+ Community
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.

Grays Pointe Apartments

Stone Edge Apartments

McHenry Commons

Coventry Glen Apartments

Emerald Pointe Apartments

Springs at Three Oaks

The Residences at The Quarry

Total Monthly Price
The Meadows Apartments Lakemoor

The Woods of Terra Springs
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Pebbleshire Apartments

The Residences of Fox Meadows

Morris Station

Total Monthly Price
Savanna Ridge

Total Monthly Price
Station 250

Springs at Mundelein

The Landings of Lake Zurich

The Villas At Patriot Estates

Eastbanks of Lake Zurich
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.

River Place

HIGHPOINT Barrington

Fox Run Senior Apartments

Cardinal Square - Building D2

The Schoolhouse Apartments

Harbor View Apartments

534 E Washington St

Villas By The Lake

Cardinal Square - Building C
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.

Villas by the Lake Apartments

277 W Treehouse Ln
Wauconda, IL Local Guide

How much does it cost to rent an apartment in Wauconda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Wauconda Studio Apartments | $1,708 | $1,295 | $1,926 |
| Cheap Wauconda 1 Bedroom Apartments | $1,675 | $570 | $2,611 |
| Cheap Wauconda 2 Bedroom Apartments | $2,159 | $1,445 | $3,925 |
| Cheap Wauconda 3 Bedroom Apartments | $2,626 | $1,500 | $3,570 |
Browse Top Apartments in Wauconda
See all Apartments in WaucondaExplore Wauconda
Wauconda, IL Local Guide
- Wauconda Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Wauconda, IL
Pricing Updated: 09/22/2026Current apartment rentals in the Wauconda, IL area range in price from $1,300 to $3,293 with an overall median price of $1,918. Here is today’s list neighborhoods with the lowest median pricing for Wauconda Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Liberty Lakes - Freedom Series | $1,918 | $1,300 | 7 |
Cheapest Available Wauconda Apartments for Rent
 The cheapest available apartment rental in Wauconda, IL is a 1 Bed unit found at Cary Horizon 62+ Senior Community in the Arrowhead neighborhood priced from $570. Harbor View Apartments in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here is today’s list of the most affordable Wauconda apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon 62+ Senior Community | 1 Bedroom - 30-60% | 1BR, 1BA | $570 |
| Harbor View Apartments | 1 Beds, 1 Baths | 1BR, 1BA | $1,070 |
| Patriot Oaks | Studio 1 bathroom | 1BR, 2BA | $1,121 |
| Woodlands Apartment Homes | 0BR/1.0BA | Studio, 1BA | $1,295 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR, 1BA | $1,300 |
| Heritage Green Apartments | 1 BR/1BA | 1BR, 1BA | $1,445 |
| Park Butterfield Apartments | Studio Floor Plan S1 | Studio, 1BA | $1,483 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR, 1BA | $1,500 |
| McHenry Commons | Hackberry - 60% AMI | 2BR, 2BA | $1,512 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR, 1BA | $1,551 |
Best Value Apartments for Rent in Wauconda, IL
As of September 22, 2026 the best value apartment in the Wauconda area is the $1.47 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the Arrowhead neighborhood starting from $2,200. The second greatest value Wauconda apartment is the Willowood Model at Redwood Crystal Lake in the Arrowhead neighborhood starting at $2,499 with a $1.81 price per square foot. Here is today’s list of the best values for Wauconda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Schoolhouse Apartments | 3 Bedroom | 3BR, 2BA | $1.47 |
| Redwood Crystal Lake | Willowood | 2BR, 2BA | $1.81 |
| Morris Station | 2BR/2.0BA | 2BR, 2BA | $1.86 |
| The Residences at The Quarry | The Turner | 2BR, 2BA | $1.92 |
| 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 |
| McHenry Commons | Hackberry - 60% AMI | 2BR, 2BA | $1.40 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR, 1BA | $1.56 |
| Cary Horizon 62+ Senior Community | 2 Bedroom - 60% | 2BR, 1BA | $1.56 |
| The Residences of Fox Meadows | The Bluebell | 1BR, 1BA | $1.89 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Wauconda, IL
Robert Crown School
Wauconda High School
Wauconda Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wauconda, IL Rentals by Map
See the most popular apartments and homes in Wauconda, IL
Frequently Asked Questions about Cheap Wauconda Apartments
How much is rent for a Cheap One Bedroom Wauconda Apartment?
The lowest price for a Cheap One Bedroom Wauconda Apartment is $570 at Cary Horizon 62+ Senior Community.
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 $1,445 at Cary Horizon 62+ Senior Community.
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 $1,500.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.