Island Lake IL Apartments
3 rentals
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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 for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $1,528 |
| Aug 2026 | $1,400 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,355 | $1,700 | $2,350 | — | $1,700 |
| Townhomes | — | $2,450 | $2,022 | — | $2,450 |
| Apartments and Condos | $1,355 | $1,700 | — | — | $1,400 |
| Houses | — | — | $2,350 | — | $2,350 |
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 $1,400 per month. This is about 29% lower than the national average.
- When is the average rent for an apartment 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 for an apartment 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 3 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.
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