Cheap Apartments for Rent in Wauconda, IL from $500 (47 Rentals)

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

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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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
$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 Contact Us For Availability

Station 250

250 Plaza CirMundelein, IL 60060
Corporate Housing
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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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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
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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

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.

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Wauconda, IL Local Guide

Cheapest Neighborhoods for Apartments in Wauconda, IL

Pricing Updated: 06/23/2026

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$1,997$1,2003

Cheapest Available Wauconda Apartments for Rent

 

The cheapest available apartment rental in Wauconda, IL is a 1 Bed unit found at McHenry Commons in the Lincoln Hills neighborhood priced from $576. Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Wauconda apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McHenry CommonsSugar Maple - 30% AMI1BR,1BA$576
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Patriot Oaks1 Bedroom 1 Bathroom1BR,1BA$1,307
Moore Court Apartments1BR/1BA DEN1BR,1BA$1,375
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrP1BR,1BA$1,390
Woodlands Apartment Homes1BR/1.0BA1BR,1BA$1,395
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

Best Value Apartments for Rent in Wauconda, IL

As of June 23, 2026 the best value apartment in the Wauconda area is the $1.78 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,422. The second greatest value Wauconda apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,500 with a $1.25 price per square foot in the Fox Trails 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.
Morris Station2BR/2.0BA2BR,2BA$1.78
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.25
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
Park Butterfield Apartments2 Bedroom Floor Plan B12BR,1BA$1.55
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
McHenry CommonsSugar Maple - 60% AMI1BR,1BA$1.70
Coventry Glen Apartments1 Bdrm/1 Bath-2nd FlrP1BR,1BA$1.91

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:
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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 Springs at Three Oaks listed at $1,552.

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

The lowest price for a Cheap One Bedroom Wauconda Apartment is $576 at McHenry Commons.

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 $1,244 at Rosewood Round Lake.

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

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.