Apartments for Rent in Round Lake, IL

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

The best apartments in Round Lake, IL are: 1514 Goldenrod Ter Round Lake Beach, IL 60073, 193 N Cranberry Lake Dr Hainesville, IL 60073, Rosewood Apartments, 1244 N Red Oak Circle Unit 3 and 1110 Villa Vista Dr Round Lake Beach, IL 60073.

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

The price range for a 3-bedroom apartment in Round Lake, IL is between $2,515 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 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.