Apartments for Rent in Round Lake, IL

Prices and availability in Round Lake, IL were last updated on 3 Aug 2026.

The best apartments in Round Lake, IL are: 1244 N Red Oak Circle Unit 3, Rosewood Apartments, 1508 Spring Brook Court #3A and 14 E Willow Dr Round Lake Park, IL 60073.

The average rent in Round Lake, IL is $1,584.

In Round Lake, 23% of the residents are renting compared to 77% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 2% of Round Lake's rentals, 82% are small-scale complexes with under 50 units, and 15% 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 Round Lake are about 32 years old, on average. Of these, 43% 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 all of the rental communities here are low-rise, garden-style communities, 31% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Round Lake come in a range of sizes and floorplans. Studio apartments represent 0.2% 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 54% of the total apartments in the city, while 2-bedroom floorplans represent around 36% of all rentals in Round Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.