
Cheap Homes for Rent in Wonder Lake, IL from $900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Wonder Lake.


330 Leah Ln

326 Railroad St

4301 W Shamrock Ln

330 Cunat Blvd

216 E South St
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.

3929 Main St

57 Vail Colony St

601 S Jefferson St

3004 Michael St

10102 Main St

531 Leah 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.
Wonder Lake, IL Local Guide

How much does it cost to rent a home in Wonder Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wonder Lake 2 Bedroom Homes for Rent | $1,985 | $1,400 | $3,197 |
| Wonder Lake 3 Bedroom Homes for Rent | $2,470 | $1,395 | $2,950 |
| Wonder Lake 4 Bedroom Homes for Rent | $3,100 | $2,500 | $3,650 |
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Wonder Lake, IL Local Guide
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Cheapest Available Wonder Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Wonder Lake, IL is a 1 Bed unit found at Fawn Ridge Apartments in the Lincoln Hills neighborhood priced from $1,220. Willow Brooke in the Savanna Grove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,280. Here is today’s list of the most affordable Wonder Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Willow Brooke | One Bedroom | 1BR,1BA | $1,280 |
| Patriot Oaks | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,307 |
| Patriot Prairie of Woodstock | STUDIO | Studio,1BA | $1,350 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Wonder Lake, IL and Nearby
As of August 05, 2026 the best value apartment in the Wonder Lake area is the $1.64 price per square foot 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay in the in the Amber Shores neighborhood starting from $2,050. The second greatest value Wonder Lake 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 East Suburban McHenry neighborhood. Here is today’s list of the best values for Wonder Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.64 |
| 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 | Hornbeam - 60% AMI | 2BR,2BA | $1.46 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Crystal Lake Apartments | 2 Bedroom Townhome with Firepl | 2BR,1BA | $1.96 |
| The Residences of Fox Meadows | The Bluebell | 1BR,1BA | $1.89 |
| 4721 W Elm St, Unit 4721 W Elm, 2nd Floor | 4721 W Elm St | 1BR,1BA | $1.79 |
| Willow Brooke | One Bedroom | 1BR,1BA | $1.90 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
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.
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Frequently Asked Questions about Wonder Lake
What type of rentals are currently available in Wonder Lake?
There are currently 46 Apartments for Rent in Wonder Lake, IL with pricing that ranges from $1,080 to $5,283. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wonder Lake ranging from $925 to $3,650.
What is the current price range for Rental Homes in Wonder Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wonder Lake ranges from $925 to $3,650 with an average monthly rent of $2,012.
How much are larger Three and Four Bedroom Rentals in Wonder Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wonder Lake range from $1,460 to $3,590, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $5,283.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.