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Cheap Apartments for Rent in Lakewood, IL from $1,000 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.
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Fawn Ridge Apartments
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Beech St Senior Lofts
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Silver Creek Apartments
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Meadowdale Apartments
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Garden Quarter Apartments
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The Paths of Walnut Ridge
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Eden Prairie Apartments
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Prairie View (Patriot Prairie of Woodstock)
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Residence of Fairway Greens
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The Residences of Fox Meadows
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Willow Brooke
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255 Uteg St
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1900 at Canterfield Apartment Homes
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Darlington Court Apartments
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Woodcreek
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Oakbrook Estates- Senior 55+ Community
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Skyridge Club Apartments
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311 Barrington Ave Lofts
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Springs at Three Oaks
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621 S Virginia Rd
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225 Uteg St
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1354 Cunat Ct
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1343 Cunat Ct
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333 S Oriole Trail
Lakewood, IL Local Guide
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How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $1,456 | $1,275 | $1,616 |
Lakewood 1 Bedroom Apartments | $1,868 | $1,087 | $3,846 |
Lakewood 2 Bedroom Apartments | $2,336 | $1,159 | $5,471 |
Lakewood 3 Bedroom Apartments | $2,889 | $1,500 | $3,892 |
Lakewood 4 Bedroom Apartments | $4,224 | $3,730 | $4,805 |
Browse Top Apartments in Lakewood
See all Apartments in LakewoodExplore Lakewood
Lakewood, IL Local Guide
- Nearby Cities
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Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, IL is a Studio unit found at The Paths of Walnut Ridge in the Bryn Mawr neighborhood priced from $1,275. Silver Creek Apartments in the Savanna Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,324. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Paths of Walnut Ridge | Efficiency | Studio,1BA | $1,275 |
Silver Creek Apartments | 2 Bedroom 2 bath | 2BR,2BA | $1,324 |
Prairie View (Patriot Prairie of Woodstock) | 1X1 | 1BR,1BA | $1,325 |
Eden Prairie Apartments | 1 Bed 1 Bath Renovated | 1BR,1BA | $1,450 |
Haber Pointe Apartments | 1 Br / 1 Ba | 1BR,1BA | $1,475 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,596 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1,700 |
Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,753 |
River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1,850 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of March 03, 2025 the best value apartment in the Lakewood area is the $1.05 price per square foot 630 Regal Ln Model at 630 Regal Ln in the in the Park Place neighborhood starting from $3,460. The second greatest value Lakewood apartment is the TH-B END Model at Enclave Crystal Lake Townhomes and Apartments starting at $3,380 with a $1.82 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
630 Regal Ln | 630 Regal Ln | 4BR,3BA | $1.05 |
Enclave Crystal Lake Townhomes and Apartments | TH-B END | 3BR,2.5BA | $1.82 |
504 E Oak St | 504 E Oak St | 3BR,2BA | $1.59 |
9555 Rainsford Dr | 9555 Rainsford Dr | 2BR,2.5BA | $1.52 |
10035 Cummings St | 10035 Cummings St | 2BR,2.5BA | $1.64 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.68 |
Silver Creek Apartments | 2 Bedroom 2 bath | 2BR,2BA | $1.35 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
The Paths of Walnut Ridge | Efficiency | Studio ,1BA | $1.77 |
Quick Rent Budget Calculator
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Getting Around Lakewood, IL
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lakewood Apartments
What is the Cheapest Studio apartment in Lakewood?
Currently the most affordable Cheap Studio Apartment in Lakewood is at The Paths of Walnut Ridge listed at $1,275.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,325 at Prairie View (Patriot Prairie of Woodstock).
What is the lowest price for a Cheap Two Bedroom Lakewood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakewood is starting from $1,324 at Silver Creek Apartments.
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
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How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.