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Cheap Apartments for Rent in Island Lake, IL

76 Rentals Available
Apartments Under $1,200 Apartments Under $1,400 Apartments Under $1,600 Apartments Under $1,800 Apartments Under $2,000

Apartments Under $1,200

  • a living room filled with furniture and a rug
    92
    Today

    805 Baldwin Ave, Waukegan, IL 60085
    STUDIO $1,056+
    1 BED $1,157+
    2 BEDS $1,240+

  • More Rentals Near Island Lake, IL

  • A kitchen with a white fridge and stove top oven.
    13
    Today

    355-375 ALTA DRIVE APTS, GRAYSLAKE, IL 60030
    1 BED $1,075+
    2 BEDS $1,375+
  • a living room with a couch and a television
    96
    4 days ago

    1610 Sunset Avenue, Waukegan, IL 60087
    STUDIO Ask for Pricing
    1 BED $1,150
    2 BEDS $1,375

Apartments Under $1,400

  • an empty kitchen with wooden cabinets and a black refrigerator
    59
    Today

    145 Glen St., Grayslake, IL 60030
    1 BED $1,200
    2 BEDS $1,200
    3 BEDS $1,450

  • More Rentals Near Island Lake, IL

  • a living room with a fireplace and chairs and a table
    42
    1 day ago

    470 Foxboro Dr, Wheeling, IL 60090
    1 BED $1,318+
    2 BEDS $2,030+
  • a small kitchen with a refrigerator and a sink
    13
    Today

    517 - 525 E Burnett Rd, Island Lake, IL 60042
    1 BED $1,320
    2 BEDS $1,500

Apartments Under $1,600

  • a playground in a park with playground equipment
    44
    Today

    2200 S. Butterfield Rd., Mundelein, IL 60060
    STUDIO $1,477+
    1 BED $1,464+
    2 BEDS $1,518+

  • More Rentals Near Island Lake, IL

  • A kitchen with a counter and a fan.
    28
    Today

    70 S Buffalo Grove Rd, Buffalo Grove, IL 60089
    1 BED $1,495
    2 BEDS $1,795+
    3 BEDS Ask for Pricing
  • a living room with a couch and a tv
    67
    4 days ago

    2330 Samson Way, Waukegan, IL 60087
    1 BED Ask for Pricing
    2 BEDS $1,540+
    3 BEDS Ask for Pricing
  • a living room with a blue couch and a table
    120
    Today

    2200 Hassell Rd., Hoffman Estates, IL 60169
    STUDIO Ask for Pricing
    1 BED $1,565+
    2 BEDS $1,760+
  • a living room with a leather couch and a fireplace
    64
    Today

    2400 S Goebbert Rd, Arlington Heights, IL 60005
    1 BED $1,565+
    2 BEDS $2,002+
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Apartments Under $1,800

  • a kitchen with white appliances and wooden cabinets
    31
    Today

    695 Westmoreland Drive, Vernon Hills, IL 60061
    1 BED $1,643+
    2 BEDS $1,759+

  • More Rentals Near Island Lake, IL

  • a living room with a couch and a table with chairs and a fireplace
    25
    Today

    1395 Skyridge Drive, Crystal Lake, IL 60014
    1 BED $1,772
    2 BEDS $1,785

Apartments Under $2,000

  • a kitchen with stainless steel appliances and white cabinets
    67
    Today

    1110-1112 W. Hawthorne St., Arlington Heights, IL 60005
    2 BEDS $1,800

  • More Rentals Near Island Lake, IL

  • a kitchen with a stove and a ceiling fan
    67
    Today

    216 W. Forest Ave. 100, Round Lake, IL 60073
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing

  • More Rentals Near Island Lake, IL

  • an empty living room with wooden floors and a ceiling fan
    29
    Today

    580 N. Bank Lane, Lake Forest, IL 60045
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
1-15-city
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Getting around in Island Lake, IL

19 /100
Car-Dependent
23 /100
Somewhat Bikeable
Walk Score®: 19, Bike Score®: 23

Frequently asked questions

How many cheap rentals are available in Island Lake, IL on RentCafe?

There are 1 cheap rentals available on RentCafe. Prices and availability in Island Lake, IL were last updated on 19 Nov 2025.

What is the average size of a cheap apartment in Island Lake, IL?

The average Island Lake, IL cheap apartment size is 763 sq. ft.

What are the advantages of renting a cheap apartment in Island Lake, IL?

Cheap apartments in Island Lake, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Island Lake, IL?

A cheap apartment in Island Lake, IL offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!