Cheap Apartments for Rent in Lily Lake, IL from $800 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Lily Lake.

Lorlyn of Batavia

Royal Ridge Apartments

Hunter Ridge Apartments

Elgin Tower Lofts

Pepper Valley Apartments

The Village at Mill Creek

St. Albans Greens Townhouses and Apartments

Wing Park Residence

Highland Springs

Reserve at Prairie Centre
Lily Lake, IL Local Guide

How much does it cost to rent an apartment in Lily Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lily Lake Studio Apartments | $1,781 | $1,175 | $2,200 |
Lily Lake 1 Bedroom Apartments | $1,822 | $826 | $3,663 |
Lily Lake 2 Bedroom Apartments | $2,268 | $967 | $3,735 |
Lily Lake 3 Bedroom Apartments | $2,947 | $1,855 | $4,130 |
Lily Lake 4 Bedroom Apartments | $2,950 | $2,950 | $2,950 |
Browse Top Apartments in Lily Lake
See all Apartments in Lily LakeExplore Lily Lake
Lily Lake, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lily Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Lily Lake, IL is a 1 Bed unit found at Fox River Crossing in the West Ridge Village neighborhood priced from $826. Royal Ridge Apartments in the West Ridge Village neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here is today’s list of the most affordable Lily Lake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fox River Crossing | Studio | 1BR,1BA | $826 |
Royal Ridge Apartments | Studio | Studio,1BA | $1,125 |
St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 2BR,2BA | $1,500 |
Reserve at Prairie Centre | Aster | Studio,1BA | $1,599 |
Springs At South Elgin | Studio Grand Overlook | Studio,1BA | $1,630 |
Best Value Apartments for Rent in Lily Lake, IL and Nearby
As of February 27, 2025 the best value apartment in the Lily Lake area is the $1.61 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,950. The second greatest value Lily Lake apartment is the Covington Model at The Township at St. Charles starting at $2,660 with a $1.93 price per square foot in the Riverfront neighborhood. Here is today’s list of the best values for Lily Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrabrook at Prairie Ridge | Gregory End | 4BR,2.5BA | $1.61 |
The Township at St. Charles | Covington | 3BR,2BA | $1.93 |
Randall Highlands | Argyll | 2BR,2.5BA | $2.03 |
Fox Run Apartments | Charleston | 2BR,1.5BA | $1.60 |
Reserve at Village Center | Bluebell | 2BR,2BA | $1.81 |
The Village at Mill Creek | Ginkgo | 2BR,2BA | $2.02 |
St. Albans Greens Townhouses and Apartments | 2 Bedrooom TH NEW | 2BR,2BA | $1.33 |
Ashford at Geneva | 2A | 2BR,1BA | $2.09 |
Fox River Crossing | Studio | 1BR,1BA | $1.33 |
Royal Ridge Apartments | Studio | Studio ,1BA | $2.25 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lily Lake, IL Rentals by Map
See the most popular apartments and homes in Lily Lake, IL
Getting Around Lily Lake, IL
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 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 Lily Lake Apartments
What is the Cheapest Studio apartment in Lily Lake?
Currently the most affordable Cheap Studio Apartment in Lily Lake is at Royal Ridge Apartments listed at $1,125.
How much is rent for a Cheap One Bedroom Lily Lake Apartment?
The lowest price for a Cheap One Bedroom Lily Lake Apartment is $826 at Fox River Crossing.
What is the lowest price for a Cheap Two Bedroom Lily Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lily Lake is starting from $967 at Fox River Crossing.
What is the most affordable Lily Lake Three Bedroom Apartment?
The best deal on a cheap Lily Lake Three Bedroom Apartment rental is at The Township at St. Charles and starts from $2,660.
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.

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.

Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.