1375 Cunat Ct
Lake In The HillsIL60156
Cheap Homes for Rent in Lakewood, IL from $1,300 (8 Rentals)
Cheap Homes in Lakewood.
580 Somerset Ln
Crystal LakeIL60014
645 S Virginia Rd
Crystal LakeIL60014
279 Bayview Rd
ElginIL60123
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1374 Cunat Ct
Lake In The HillsIL60156
177 Uteg St
Crystal LakeIL60014
417 Berkshire Dr
Crystal LakeIL60014
301 Village Creek Dr
Lake In The HillsIL60156
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Lakewood, IL Local Guide
Dowitcher by CheepShot is licensed under CC BY 2.0
How much does it cost to rent a home in Lakewood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood 2 Bedroom Homes for Rent | $2,051 | $1,650 | $2,995 |
| Lakewood 3 Bedroom Homes for Rent | $2,711 | $2,100 | $4,000 |
| Lakewood 4 Bedroom Homes for Rent | $3,120 | $2,700 | $3,500 |
| Lakewood 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Lakewood
Explore 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 1 Bed unit found at Garden Quarter Apartments in the Lincoln Hills neighborhood priced from $1,199. The Paths of Walnut Ridge in the Bryn Mawr neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Lakewood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Garden Quarter Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,199 |
| The Paths of Walnut Ridge | 1 bed/1 bath | 1BR,1BA | $1,225 |
| Taylor Place | 2br 2ba | 2BR,2BA | $1,325 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of May 03, 2025 the best value apartment in the Lakewood area is the $1.73 price per square foot CampEnd (TH) Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $2,980. The second greatest value Lakewood apartment is the Willowood Model at Redwood Crystal Lake starting at $2,499 with a $1.81 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. |
|---|---|---|---|
| Conservancy at Gilberts | CampEnd (TH) | 3BR,2.5BA | $1.73 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.81 |
| The Church Street Apartments | 2 Bedroom | 2BR,2BA | $1.49 |
| 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 |
| Taylor Place | 2br 2ba | 2BR,2BA | $1.28 |
| Residence of Fairway Greens | CB121.5 Two bedroom/one and half bath | 2BR,1.5BA | $1.90 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| The Paths of Walnut Ridge | 1 bed/1 bath | 1BR,1BA | $1.79 |
| Garden Quarter Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.78 |
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Frequently Asked Questions about Lakewood
What type of rentals are currently available in Lakewood?
There are currently 59 Apartments for Rent in Lakewood, IL with pricing that ranges from $1,060 to $5,254. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,375 to $4,000.
What is the current price range for Rental Homes in Lakewood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $1,375 to $4,000 with an average monthly rent of $2,591.
How much are larger Three and Four Bedroom Rentals in Lakewood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,500 to $3,479, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,449.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.