
Cheap Apartments for Rent in Lakewood, IL from $1,000 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakewood.


Beech St Senior Lofts

Meadowdale Apartments

Fawn Ridge Apartments

Garden Quarter Apartments

The Paths of Walnut Ridge

Silver Creek Apartments

Eden Prairie Apartments

Residence of Fairway Greens

The Residences of Fox Meadows

Prairie View (Patriot Prairie of Woodstock)

Willow Brooke

255 Uteg St

The Church Street Apartments

Darlington Court Apartments

Woodcreek

Oakbrook Estates- Senior 55+ Community

Randall Village

311 Barrington Ave Lofts

The Cornell Luxury Apartments

231 Uteg St

730 N Seminary Ave

1371 Cunat Ct
Lakewood, IL Local Guide

How much does it cost to rent an apartment in Lakewood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakewood Studio Apartments | $1,674 | $1,334 | $1,912 |
Lakewood 1 Bedroom Apartments | $1,853 | $1,087 | $3,720 |
Lakewood 2 Bedroom Apartments | $2,339 | $1,159 | $5,349 |
Lakewood 3 Bedroom Apartments | $2,830 | $1,500 | $3,892 |
Lakewood 4 Bedroom Apartments | $3,992 | $3,730 | $4,460 |
Browse Top Apartments in Lakewood
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Lakewood, IL Local Guide
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Cheapest Available Lakewood Apartments for Rent and Nearby
 The cheapest available apartment rental in Lakewood, IL is a 1 Bed unit found at Eden Prairie Apartments in the Beacon Pointe neighborhood priced from $1,315. Prairie View (Patriot Prairie of Woodstock) in the Savanna Grove neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,375. Here is today’s list of the most affordable Lakewood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,315 |
Prairie View (Patriot Prairie of Woodstock) | 2X1 | 2BR,1BA | $1,375 |
The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
The Paths of Walnut Ridge | 2BR/1BA | 2BR,1BA | $1,490 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of March 23, 2025 the best value apartment in the Lakewood area is the $1.00 price per square foot 1 Bedroom Model at The Church Street Apartments in the in the Park Place neighborhood starting from $1,400. The second greatest value Lakewood apartment is the Meadowood Model at Redwood Crystal Lake starting at $2,449 with a $1.85 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. |
---|---|---|---|
The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.00 |
Redwood Crystal Lake | Meadowood | 2BR,2BA | $1.85 |
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 |
1900 at Canterfield Apartment Homes | B2- Lower | 2BR,2BA | $2.05 |
Residence of Fairway Greens | CB121.5- Two Bedroom/One and Half Bath | 2BR,1.5BA | $1.84 |
Randall Village | The Renoir | 2BR,2BA | $1.75 |
The Paths of Walnut Ridge | 2BR/1BA | 2BR,1BA | $1.56 |
311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
Prairie View (Patriot Prairie of Woodstock) | 2X1 | 2BR,1BA | $1.69 |
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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 Springs at Three Oaks listed at $1,620.
How much is rent for a Cheap One Bedroom Lakewood Apartment?
The lowest price for a Cheap One Bedroom Lakewood Apartment is $1,315 at Eden Prairie Apartments.
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 $1,375 at Prairie View (Patriot Prairie of Woodstock).
What is the most affordable Lakewood Three Bedroom Apartment?
The best deal on a cheap Lakewood Three Bedroom Apartment rental is at Prairie View (Patriot Prairie of Woodstock) and starts from $1,550.
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.

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.

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.

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.

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.