227 Uteg St
Crystal LakeIL60014
Cheap Homes for Rent in Lakewood, IL from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lakewood.
1303 Cunat Ct
Lake In The HillsIL60156
1375 Cunat Ct
Lake In The HillsIL60156
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
311 Village Creek Dr
Lake In The HillsIL60156
645 S Virginia Rd
Crystal LakeIL60014
425 Berkshire Dr
Crystal LakeIL60014
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.
1316 S Fleming Rd
WoodstockIL60098
279 Bayview Rd
ElginIL60123
70 Pine Ct
Crystal LakeIL60014
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.
1374 Cunat Ct
Lake In The HillsIL60156
Showing Results 1-10, Page 1 of 1
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 | $2,080 | $1,650 | $2,995 |
| Lakewood 3 Bedroom Homes for Rent | $2,680 | $2,100 | $3,500 |
| Lakewood 4 Bedroom Homes for Rent | $3,233 | $2,900 | $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. Willow Brooke in the Bryn Mawr neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. 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 |
| Willow Brooke | Rosebay | 1BR,1BA | $1,240 |
| The Cornell Luxury Apartments | Studio | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Lakewood, IL and Nearby
As of May 12, 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 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Prairie View (Patriot Prairie of Woodstock) | 2X1 | 2BR,1BA | $1.79 |
| Willow Brooke | Rosebay | 1BR,1BA | $1.84 |
| 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 $1,087 to $4,899. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $1,250 to $3,700.
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 $1,250 to $3,700 with an average monthly rent of $2,612.
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 $3,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,900 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
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.