
Cheap Homes for Rent in Wauconda, IL from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Wauconda.


157 Slocum Lake Rd
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.

218 Southern Terrace

32427 N Mackinac Ln
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.

277 W Treehouse Ln
Wauconda, IL Local Guide

How much does it cost to rent a home in Wauconda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wauconda 2 Bedroom Homes for Rent | $2,399 | $1,895 | $2,950 |
| Wauconda 3 Bedroom Homes for Rent | $2,691 | $2,075 | $3,500 |
| Wauconda 4 Bedroom Homes for Rent | $4,971 | $3,150 | $8,400 |
| Wauconda 5 Bedroom Homes for Rent | $8,300 | $3,600 | $10,000+ |
Browse Top Homes for Rent in Wauconda
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Wauconda, IL Local Guide
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Cheapest Neighborhoods for Apartments in Wauconda, IL
Pricing Updated: 07/28/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Liberty Lakes - Freedom Series | $1,927 | $1,200 | 5 |
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon 62+ Senior Community | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| Wauconda Park Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,200 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1,244 |
Best Value Apartments for Rent in Wauconda, IL
As of July 29, 2026 the best value apartment in the Wauconda area is the $1.80 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,451. The second greatest value Wauconda apartment is the 2/2 Model at Eastbanks of Lake Zurich starting at $2,395 with a $1.91 price per square foot in the Hawthorn Woods Country Club neighborhood. 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. |
|---|---|---|---|
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Eastbanks of Lake Zurich | 2/2 | 2BR,2BA | $1.91 |
| 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 |
| Stone Edge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| McHenry Commons | Hornbeam - 60% AMI | 2BR,2BA | $1.46 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Rosewood Round Lake | 2 Bedroom | 2BR,1BA | $1.32 |
| Cary Horizon | 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 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 Wauconda
What type of rentals are currently available in Wauconda?
There are currently 66 Apartments for Rent in Wauconda, IL with pricing that ranges from $570 to $3,814. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wauconda ranging from $1,295 to $13,000.
What is the current price range for Rental Homes in Wauconda?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wauconda ranges from $1,295 to $13,000 with an average monthly rent of $3,951.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.