Cheap Houses for Rent in Island Lake, IL

5 rentals

Apartments For Rent Near Island Lake, IL

We found 30 more apartments matching your filters just outside Island Lake

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 house decreased in Jul 2026 compared to the previous month. Rent for houses peaked in Jan 2025.
MonthAverage rent
Aug 2025$2,500
Sep 2025$2,500
Oct 2025$2,450
Nov 2025$2,290
Dec 2025$2,200
Jan 2026$2,200
Feb 2026$2,200
Mar 2026$4,800
Apr 2026$2,393
May 2026$3,500
Jun 2026$3,500
Jul 2026$2,785
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,414$2,450$2,300$2,300
Townhomes$2,450$2,075$2,450
Apartments and Condos$1,355$1,700$1,453
Houses$1,550$2,350$2,372

Frequently Asked Questions about Houses for rent in Island Lake, IL

  • What is the average rent of a house in Island Lake, IL?
    The average rent of a house in Island Lake, IL is $2,372 per month. This is about 21% higher than the national average.
  • When is the average rent for a house cheapest in Island Lake, IL?
    In the last year, the average rent in Island Lake, IL was lowest in Feb 2025 when it was $2,100 per month.
  • When is the average rent for a house 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 $5,000 per month.
  • How many houses are available to rent in Island Lake, IL?
    There are 4 available houses 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.