Island Lake IL Apartments
1 rentals
Use arrow keys to navigateAPPLY INSTANTLY
Save Search in Island Lake, IL
Island LakeApartmentGet emails when new homes match this search
Average Rent Trends in Island Lake, IL
Rent in Island Lake, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Mar 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jan 2025 | $2,807 |
| Feb 2025 | $2,197 |
| Mar 2025 | $2,229 |
| Apr 2025 | $2,043 |
| May 2025 | $1,513 |
| Oct 2025 | $1,340 |
| Nov 2025 | $1,320 |
| Dec 2025 | $1,600 |
| Jan 2026 | $2,000 |
| Feb 2026 | $2,075 |
| Mar 2026 | $2,095 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $2,500 | $2,200 | — | $2,500 |
| Townhomes | — | $2,500 | $2,200 | — | $2,500 |
| Apartments and Condos | — | $1,550 | — | — | $1,550 |
| Houses | — | — | — | — | $3,500 |
Frequently Asked Questions about Apartments and Condos for rent in Island Lake, IL
- What is the average rent of an apartment in Island Lake, IL?The average rent of an apartment in Island Lake, IL is $1,550 per month. This is about 20% lower than the national average.
- When is the average rent cheapest in Island Lake, IL?In the last year, the average rent in Island Lake, IL was lowest in Nov 2025 when it was $1,320 per month.
- When is the average rent most expensive in Island Lake, IL?In the last year, the average rent in Island Lake, IL was highest in Jan 2025 when it was $2,807 per month.
- How many apartments or condos are available to rent in Island Lake, IL?There are 1 available apartments or condos to rent in Island Lake, IL.
- What are some zip codes in Island Lake, IL?Island Lake, IL includes zip codes such as: 60042.
- What are some cities near Island Lake, IL?Some nearby cities include: Holiday Hills, Port Barrington, Oakwood Hills, Wauconda, Tower Lakes. These cities may have more rental options to explore.