Apartments for Rent in Lake Villa, IL

Prices and availability in Lake Villa, IL were last updated on 12 Nov 2026.

The best apartment in Lake Villa, IL is: The Sanctuary of Lake Villa.

The average rent in Lake Villa, IL is $1,512.

The price range for a 2-bedroom apartment in Lake Villa, IL is between $1,975 and $2,125.

In Lake Villa 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 21% of Lake Villa's apartments are found in large buildings of 50 units or more, 66% are located in smaller apartment complexes with less than 50 units, and 11% are single-family rentals.

The average age of rental buildings in Lake Villa is 37 years old, with 29% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which 81% are garden-style apartment communities, 19% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Lake Villa come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 37% of the total apartments in the city, while 2-bedroom floorplans represent around 62% of all rentals in Lake Villa. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.