Cheap Apartments for Rent in Tower Lakes, IL from $900 (14 Rentals)

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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
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Tower Lakes, IL Local Guide

Cheapest Available Tower Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tower Lakes, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. The Church Street Apartments in the Park Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Tower Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1,200
The Church Street Apartments1 Bedroom1BR,1BA$1,400
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,456
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,508
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,555

Best Value Apartments for Rent in Tower Lakes, IL and Nearby

As of April 16, 2025 the best value apartment in the Tower Lakes area is the $1.81 price per square foot Willowood Model at Redwood Crystal Lake in the in the Park Place neighborhood starting from $2,499. The second greatest value Tower Lakes apartment is the 2BR/2.0BA Model at Morris Station starting at $2,395 with a $1.76 price per square foot in the Grosse Pointe Village neighborhood. Here is today’s list of the best values for Tower Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Crystal LakeWillowood2BR,2BA$1.81
Morris Station2BR/2.0BA2BR,2BA$1.76
The Church Street Apartments2 Bedroom2BR,2BA$1.49
The Meadows Apartments LakemoorTownhome2BR,2.5BA$1.52
Eastbanks of Lake Zurich2/22BR,2BA$1.85
Albion on Lake CookNewly Renovated (A1r)1BR,1BA$1.31
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
The Clayson2 Bedrooms2BR,1BA$1.76
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Wauconda Park Apartments1 bed/1 bath1BR,1BA$1.71

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Getting Around Tower Lakes, IL

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Tower Lakes Apartments

What is the Cheapest Studio apartment in Tower Lakes?

Currently the most affordable Cheap Studio Apartment in Tower Lakes is at Park Butterfield Apartments listed at $1,456.

How much is rent for a Cheap One Bedroom Tower Lakes Apartment?

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

What is the lowest price for a Cheap Two Bedroom Tower Lakes Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Tower Lakes is starting from $1,500 at Wauconda Park Apartments.

What is the most affordable Tower Lakes Three Bedroom Apartment?

The best deal on a cheap Tower Lakes Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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 & 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.