Cheap Homes for Rent in Round Lake, IL from $1,200 (17 Rentals)

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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.

property at 34399 Aster Ct

34399 Aster Ct

Round Lake BeachIL60073

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. Timber Oaks (Patriot Oaks) in the Amber Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. 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
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,215
Authentix McHenryStudio Horizon CourtyardStudio,1BA$1,282
Brittany Square1A Bedroom1BR,1BA$1,445
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500

Best Value Apartments for Rent in Round Lake, IL

As of April 19, 2025 the best value apartment in the Round Lake area is the $1.76 price per square foot 2BR/2.0BA Model at Morris Station in the in the Grosse Pointe Village neighborhood starting from $2,395. The second greatest value Round Lake apartment is the Townhome Model at The Meadows Apartments Lakemoor starting at $2,105 with a $1.59 price per square foot in the Liberty Lakes - Freedom Series 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.
Morris Station2BR/2.0BA2BR,2BA$1.76
The Meadows Apartments LakemoorTownhome2BR,2.5BA$1.59
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
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.11
Brittany Square1A Bedroom1BR,1BA$1.93
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1.71
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1.89

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Frequently Asked Questions about Round Lake

What type of rentals are currently available in Round Lake?

There are currently 65 Apartments for Rent in Round Lake, IL with pricing that ranges from $1,002 to $4,912. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake ranging from $1,275 to $3,950.

What is the current price range for Rental Homes in Round Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake ranges from $1,275 to $3,950 with an average monthly rent of $2,603.

How much are larger Three and Four Bedroom Rentals in Round Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Round Lake range from $1,593 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,695.

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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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.

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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.

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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.

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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.