Apartments for Rent in Round Lake, IL

Prices and availability in Round Lake, IL were last updated on 2 Oct 2026.

The best apartments in Round Lake, IL are: 193 N Cranberry Lake Dr Hainesville, IL 60073, Rosewood Apartments, 1244 N Red Oak Circle Unit 3, 1110 Villa Vista Dr Round Lake Beach, IL 60073 and 1508 Spring Brook Court #3A.

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

The price range for a 3-bedroom apartment in Round Lake, IL is between $2,420 and $3,250.

In Round Lake 23% of the housing is rented out compared to 77% of homes are owned, according to the most recent Census Bureau estimates. 2% of Round Lake's apartments are found in large buildings of 50 units or more, 82% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

The average age of rental buildings in Round Lake is 32 years old, with 43% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which all are garden-style apartment communities, 31% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.