Cheap Apartments for Rent in Round Lake, IL from $800 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Round Lake.

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.

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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.

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Thomas Place Fox Lake
1 to 2 Bedroom Apartments

Thomas Place Fox Lake

229 Thomas LnFox Lake, IL 60020
Senior Living
  • Utilities Included

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Round Lake, IL Local Guide

Cheapest Available Round Lake Apartments for Rent

 

The cheapest available apartment rental in Round Lake, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Moore Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Round Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1,200
Moore Court Apartments1BR/1BA1BR,1BA$1,300
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
The Blake at Fox RiverEllory Terrace1BR,1BA$1,520
The Meadows Apartments LakemoorClover1BR,1BA$1,610
Cardinal Square - Building D2CSD2 - x12 TierStudio,1BA$1,795
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1,850
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1,850
Station 250The Countryside1BR,1BA$1,935
Morris Station2BR/2.0BA2BR,2BA$2,775

Best Value Apartments for Rent in Round Lake, IL

As of May 18, 2025 the best value apartment in the Round Lake area is the $2.20 price per square foot 3 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Central Vernon Hills neighborhood starting from $3,745. The second greatest value Round Lake apartment is the 2BR/2.0BA Model at Morris Station starting at $2,775 with a $2.04 price per square foot in the Grosse Pointe Village neighborhood. Here is today’s list of the best values for Round Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven5 Lake3 Bedroom / 2 Bathroom3BR,2BA$2.20
Morris Station2BR/2.0BA2BR,2BA$2.04
Clublands of AntiochRavello (SFR)3BR,2BA$2.28
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
The Meadows Apartments LakemoorClover1BR,1BA$1.89
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$2.08
Moore Court Apartments1BR/1BA1BR,1BA$1.86
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1.71
The Blake at Fox RiverEllory Terrace1BR,1BA$2.34

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Best Local Schools in
Round Lake, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Round Lake, IL Rentals by Map

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See the most popular apartments and homes in Round Lake, IL

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Getting Around Round Lake, IL

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Round Lake Apartments

What is the Cheapest Studio apartment in Round Lake?

Currently the most affordable Cheap Studio Apartment in Round Lake is at Cardinal Square - Building D2 listed at $1,795.

How much is rent for a Cheap One Bedroom Round Lake Apartment?

The lowest price for a Cheap One Bedroom Round Lake Apartment is $1,200 at Wauconda Park Apartments.

What is the lowest price for a Cheap Two Bedroom Round Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Round Lake is starting from $1,500 at Grays Pointe Apartments.

What is the most affordable Round Lake Three Bedroom Apartment?

The best deal on a cheap Round Lake Three Bedroom Apartment rental is at Clublands of Antioch and starts from $3,079.

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.

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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.

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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.

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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.

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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.