Apartments for Rent in Lake Villa, IL

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

The best apartments in Lake Villa, IL are: The Sanctuary of Lake Villa, 298 N Crooked Lake Ln Lindenhurst, IL 60046 and 1408 Neubauer Circle, Unit 1905.

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

The price range for a 2-bedroom apartment in Lake Villa, IL is between $1,995 and $2,125.

The price range for a 3-bedroom apartment in Lake Villa, IL is between $2,675 and $3,000.

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 age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lake Villa are about 37 years old, on average. Of these, 29% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 81% of the rental communities here are low-rise, garden-style communities, 19% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Lake Villa are around 0% of rentals, while 1-bedroom floor plans represent 37% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 62% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.