
Cheap Homes for Rent in Lake Cook Road Neighborhood of Wheeling, IL from $2,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Cook Road area of Wheeling.


958 W Inverrary Ln
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.

1022 Boxwood Ct

146 W Inverrary Ln
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.
Lake Cook Road, Wheeling, IL Local Guide

How much does it cost to rent a home in Lake Cook Road?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cook Road 2 Bedroom Homes for Rent | $2,441 | $2,150 | $2,650 |
| Lake Cook Road 3 Bedroom Homes for Rent | $3,039 | $2,100 | $3,700 |
| Lake Cook Road 4 Bedroom Homes for Rent | $3,275 | $3,250 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Lake Cook Road Neighborhood of Wheeling, IL.
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Lake Cook Road, Wheeling, IL Local Guide
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Best Value Apartments for Rent in Lake Cook Road, IL
As of June 08, 2026 the best value apartment in the Lake Cook Road area is the $2.38 price per square foot The Elm Model at 301 Riverwalk Place in the in the McHenry Road neighborhood starting from $2,295. The second greatest value Lake Cook Road apartment is the 1B1BA-1A Model at One Wheeling Town Center starting at $2,205 with a $2.63 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Lake Cook Road apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 301 Riverwalk Place | The Elm | 1BR,1BA | $2.38 |
| One Wheeling Town Center | 1B1BA-1A | 1BR,1BA | $2.63 |
| Uptown 500 | The 312 (A1) | 1BR,1BA | $2.65 |
| Park Meadows LLC | 1BR/1.0BA | 1BR,1BA | $2.24 |
| Northgate Crossing of Wheeling | Arlington | 1BR,1BA | $2.93 |
| The Green At Chevy Chase Apartments | Doral | 1BR,1BA | $2.92 |
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.
Pet Friendly LifestyleLake Cook Road, Wheeling, IL
Ranked #3
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Lake Cook Road
What type of rentals are currently available in Lake Cook Road?
There are currently 39 Apartments for Rent in Lake Cook Road, IL with pricing that ranges from $1,660 to $17,601. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Cook Road ranging from $2,100 to $3,700.
What is the current price range for Rental Homes in Lake Cook Road?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Cook Road ranges from $2,100 to $3,700 with an average monthly rent of $2,918.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

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.

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.

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.

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.