Cheap Apartments for Rent in Third Lake, IL from $900 (24 Rentals)

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

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Third Lake, IL Local Guide

Cheapest Available Third Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Third Lake, IL is a 1 Bed unit found at Beechwood at the Preserve in the Waukegan Downtown neighborhood priced from $1,065. Heritage Green in the North Waukegan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Third Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beechwood at the PreserveOne Bedroom1BR,1BA$1,065
Heritage Green1BR/1BA1BR,1BA$1,150
Woodview Apartments1BR/1BA1BR,1BA$1,250
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrH1BR,1BA$1,363
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,405

Best Value Apartments for Rent in Third Lake, IL and Nearby

As of February 18, 2025 the best value apartment in the Third Lake area is the $1.06 price per square foot Accera (TH) Model at Deercrest of Antioch in the in the Heritage Park neighborhood starting from $2,575. The second greatest value Third Lake apartment is the B1 Model at Savanna Ridge starting at $1,925 with a $1.84 price per square foot in the Wildwood on Gages Lake neighborhood. Here is today’s list of the best values for Third Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Deercrest of AntiochAccera (TH)2BR,2.5BA$1.06
Savanna RidgeB12BR,1BA$1.84
Landings at Amhurst LakeHarlequin2BR,2BA$1.95
Pembrook Club Apartment HomesThe Hampton2BR,2BA$2.00
215 E Park Ave2 Beds, 1.5 baths2BR,1.5BA$1.83
NorthEnd Apartments1X11BR,1BA$1.72
Heritage Green1BR/1BA1BR,1BA$1.53
Coventry Glen Apartments1 Bdrm/1 Bath-3rd FlrH1BR,1BA$1.92
Beechwood at the PreserveOne Bedroom1BR,1BA$1.61
Woodview Apartments1BR/1BA1BR,1BA$1.92

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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 Cheap Third Lake Apartments

What is the Cheapest Studio apartment in Third Lake?

Currently the most affordable Cheap Studio Apartment in Third Lake is at Cardinal Square - Building C listed at $1,550.

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

The lowest price for a Cheap One Bedroom Third Lake Apartment is $1,065 at Beechwood at the Preserve.

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

Today's best deal for a Cheap Two Bedroom Apartment in Third Lake is starting from $1,400 at Heritage Green.

What is the most affordable Third Lake Three Bedroom Apartment?

The best deal on a cheap Third Lake Three Bedroom Apartment rental is at Beechwood at the Preserve and starts from $1,400.

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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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.

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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.

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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.