Cheap Apartments for Rent in Island Lake, IL
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Apartments For Rent Near Island Lake, IL
We found 30 more apartments matching your filters just outside Island Lake
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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 decreased in Jul 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,500 |
| Sep 2025 | $2,000 |
| Oct 2025 | $2,450 |
| Nov 2025 | $1,850 |
| Dec 2025 | $2,200 |
| Jan 2026 | $2,000 |
| Feb 2026 | $1,995 |
| Mar 2026 | $2,095 |
| Apr 2026 | $2,500 |
| May 2026 | $2,500 |
| Jun 2026 | $2,500 |
| Jul 2026 | $2,450 |
Average Rent By Bedroom and Home Type
In July 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 | $1,536 | $2,450 | $2,450 | — | $2,450 |
| Townhomes | — | $2,450 | — | — | $2,450 |
| Apartments and Condos | $1,536 | — | — | — | $1,525 |
| Houses | — | — | $2,450 | — | $2,785 |
Frequently Asked Questions about Rentals 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 $1,525 per month. This is about 22% 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 $1,850 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 available rental listings are in Island Lake, IL?There are 5 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en Island Lake, IL - 3,616 Rentas | Trulia