2 Bedroom Apartments for Rent in Third Lake, IL (48 Rentals)

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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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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.

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Brookstone Apartments
2 Bedroom Apartments

Brookstone Apartments

4247 Hickory Hills DrWaukegan, IL 60087
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215 E Park Ave
2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
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Northline Apartments
2 Bedroom Apartments

Northline Apartments

911 N Milwaukee AveLibertyville, IL 60048
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36299 IL Route 83
2 Bedroom Apartments

36299 IL Route 83

36299 IL Route 83Round Lake Beach, IL 60073
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629-648 Oriole Ct
2 Bedroom Apartments

629-648 Oriole Ct

629-648 Oriole CtGrayslake, IL 60030
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Third Lake, IL Local Guide

Largest Available Third Lake and Nearby 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in Third Lake, IL is found at Morris Station in the Grosse Pointe Village neighborhood and is 1,359 square feet priced from $2,775. Imperial Tower Apartments in the North Waukegan neighborhood has the second largest 2 Bedroom, which is sized at 1,250 square feet and currently listed start at $1,561. Here is today’s list of the largest available 2 Bedroom units in Third Lake:

Apartment ListingModel NameSquare FootagePriced From
Morris Station2BR/2.0BA1,359 Sq Ft$2,775
Imperial Tower ApartmentsThe Baldwin1,250 Sq Ft$1,561
Landings at Amhurst LakeHeron1,135 Sq Ft$2,288
Woodview Apartments2BR/2BA1,100 Sq Ft$1,675
The Preserve at Osprey LakeThe Silverbill III1,074 Sq Ft$2,097
Heritage Green2BR/1.5BA975 Sq Ft$1,400
Grays Pointe Apartments2 Bedroom Platinum FP960 Sq Ft$1,500
Beechwood at the PreserveTwo Bedroom852 Sq Ft$1,250

Cheapest Available Third Lake and Nearby 2 Bedroom Apartments

As of May 17, 2025 the lowest priced 2 Bedroom apartment unit in Third Lake, IL is the Two Bedroom Model starting from $1,250 at Beechwood at the Preserve in the North Center neighborhood. The second most affordable Third Lake 2 Bedroom is the 2BR/1.5BA Model at Heritage Green starting at $1,400 in the North Waukegan neighborhood. The average price for all 2 Bedroom apartments in Third Lake is currently $1,980. Here is today’s list of the cheapest available 2 Bedroom options in Third Lake:

Apartment ListingModel NamePriced From
Beechwood at the PreserveTwo Bedroom$1,250
Heritage Green2BR/1.5BA$1,400
Woodview Apartments2BR/2BA$1,500
Grays Pointe Apartments2 Bedroom Standard$1,500
Imperial Tower ApartmentsThe Baldwin$1,561
The Preserve at Osprey LakeThe Silverbill III$2,097
Landings at Amhurst LakeHeron$2,288
Morris Station2BR/2.0BA$2,775

Quick Rent Budget Calculator

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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.

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

Explore Third Lake, IL Rentals by Map

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

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Getting Around Third Lake, IL

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 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 2 Bedroom Third Lake Apartments

How much is the average rent for a 2 Bedroom Third Lake Apartment?

The average rent for a 2 Bedroom Apartment in Third Lake is $1,980.

What is the largest available 2 Bedroom Third Lake Apartment for rent?

Today's apartment with the most square footage in Third Lake is a 1,359 square feet unit starting from $2,775 at Morris Station.

What is the average size for Third Lake 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Third Lake is currently 1,073 sq ft.

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.