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Cheap Apartments for Rent in Island Lake, IL

35 Rentals Available
Cheap Apartments for Rent in Island Lake, IL. 35 Rentals Available
Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,300 Apartments Under $1,400 Apartments Under $1,500 Apartments Under $1,700

Apartments Under $1,000

  • a living room with a couch and a television
    Today

    1610 Sunset Avenue, Waukegan, IL 60087
    STUDIO $905
    1 BED $1,040+
    2 BEDS Ask for Pricing

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  • a living room filled with furniture and a rug
    Today

    805 Baldwin Ave, Waukegan, IL 60085
    STUDIO $928+
    1 BED $1,046+
    2 BEDS $1,190+

Apartments Under $1,100

  • a small kitchen with a refrigerator and a sink
    Today

    517 - 525 E Burnett Rd, Island Lake, IL 60042
    1 BED $1,000
    2 BEDS $1,375

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  • a drawing of a logo with a horse
    Today

    404 Orchard St., Fox River Grove, IL 60021
    1 BED Ask for Pricing
    2 BEDS $1,048

Apartments Under $1,300

  • a living room with couches and chairs and a kitchen with a bar
    Today

    6700 Derby Drive, Gurnee, IL 60031
    Income Restricted
    1 BED $1,209
    2 BEDS $1,475

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Apartments Under $1,400

  • a view sign in front of a building
    Today

    2300 Glendale Terrace, Hanover Park, IL 60133
    1 BED $1,300
    2 BEDS $1,575

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Apartments Under $1,500

  • a living room with a blue couch and a table
    Today

    2200 Hassell Rd., Hoffman Estates, IL 60169
    STUDIO Ask for Pricing
    1 BED $1,480+
    2 BEDS $1,690+

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  • a kitchen with white appliances and wooden cabinets
    Today

    695 Westmoreland Drive, Vernon Hills, IL 60061
    1 BED $1,487+
    2 BEDS $1,720+
  • a living room with a couch and a glass coffee table
    Today

    70 S Buffalo Grove Rd, Buffalo Grove, IL 60089
    1 BED $1,495
    2 BEDS $1,795+
    3 BEDS Ask for Pricing

Apartments Under $1,700

  • a living room with a leather couch and a fireplace
    Today

    2400 S Goebbert Rd, Arlington Heights, IL 60005
    1 BED $1,601+
    2 BEDS $2,101+

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  • a sketch of the logo for the album come of the dark
    Today

    4404 Shamrock Lane Unit 3C, Mchenry, IL 60050
    2 BEDS Ask for Pricing

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  • a kitchen with a stove and a ceiling fan
    Today

    216 W. Forest Ave. 100, Round Lake, IL 60073
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room with a couch and chairs
    Today

    320 N. Milwaukee Avenue, Lake Villa, IL 60046
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
1-12-city
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Getting around in Island Lake, IL

19 /100
Car-Dependent
23 /100
Somewhat Bikeable
Walk Score®: 19, Bike Score®: 23

Frequently asked questions

How many cheap rentals are available in Island Lake, IL on RentCafe?

There are 1 cheap rentals available on RentCafe. Prices and availability in Island Lake, IL were last updated on 27 Feb 2026.

What is the average size of a cheap apartment in Island Lake, IL?

The average Island Lake, IL cheap apartment size is 763 sq. ft.

What are the advantages of renting a cheap apartment in Island Lake, IL?

Cheap apartments in Island Lake, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Island Lake, IL?

A cheap apartment in Island Lake, IL offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!