Cheap Apartments for Rent in the Lake Katherine Neighborhood of Palos Heights, IL from $900 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Katherine area of Palos Heights.

Colonial Court Apartments

Scenic Tree Rentals

Chateau Royale

Oak Lawn Blu

Briargate Apartments

Dream Comfort Properties

9625-9633 Ridgeland Ave
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
Lake Katherine, Palos Heights, IL Local Guide

How much does it cost to rent an apartment in Lake Katherine?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Katherine 1 Bedroom Apartments | $1,181 | $985 | $1,450 |
Lake Katherine 2 Bedroom Apartments | $1,531 | $1,250 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Lake Katherine Neighborhood of Palos Heights, IL.
See all Apartments in Palos HeightsExplore Palos Heights
Lake Katherine, Palos Heights, IL Local Guide
- Nearby Palos Heights neighborhoods
- Nearby Cities
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Cheapest Available Lake Katherine Apartments for Rent
 The cheapest available apartment rental in the Lake Katherine area of Chicago, IL is a 1 Bed unit found at Pinnacle Apartments priced from $985. Scenic Tree Rentals has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,116. Here are the most affordable Lake Katherine apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pinnacle Apartments | One Bedroom | 1BR,1BA | $985 |
Scenic Tree Rentals | 1x1 670 | 1BR,1BA | $1,116 |
9625-9633 Ridgeland Ave | 1 Bed /1 Bath | 1BR,1BA | $1,250 |
Oak Lawn Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,450 |
Dream Comfort Properties | 2 Bedroom | 2BR,1BA | $1,800 |
Best Value Apartments for Rent in Lake Katherine, IL
As of March 30, 2025 the best value apartment in the Lake Katherine area is the $2.40 price per square foot 2 Bedroom Model at Dream Comfort Properties in the in the Lake Katherine neighborhood starting from $1,800. The second greatest value Lake Katherine apartment is the 1 Bedroom, 1 Bathroom Model at Oak Lawn Blu starting at $1,450 with a $1.93 price per square foot in the Lake Katherine neighborhood. Here is today’s list of the best values for Lake Katherine apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Dream Comfort Properties | 2 Bedroom | 2BR,1BA | $2.40 |
Oak Lawn Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.93 |
9625-9633 Ridgeland Ave | 1 Bed /1 Bath | 1BR,1BA | $1.79 |
Scenic Tree Rentals | 1x1 670 | 1BR,1BA | $1.67 |
Pinnacle Apartments | One Bedroom | 1BR,1BA | $2.24 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleLake Katherine, Palos Heights, IL
Ranked #3
Among neighborhoods in Palos Heights, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lake Katherine, Palos Heights, IL
Amos Alonzo Stagg High School
School data provided by Great Schools
Best Local Schools in Lake Katherine, Palos Heights, IL
Amos Alonzo Stagg High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Lake Katherine Apartments
What is the price of a cheap apartment in Lake Katherine?
The cheapest apartment in Lake Katherine is Pinnacle Apartments which is listed at $985, while the average apartment in Lake Katherine costs $1,386.
What types of apartments are the cheapest in Lake Katherine?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Lake Katherine that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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.

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.

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.