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Studio Apartment for Rent in Fox Lake, IL

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    $975 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    43 Tremont Rd Unit 3, Fox Lake, IL 60020

    Property Id: 2536829Welcome to this inviting and well-maintained studio offering comfort, convenience, and privacy. This charming space features a private entrance, a cozy kitchen, and access to a spacious yard—perfect for enjoying the outdoors.Located in a quiet neighborhood, this property is just a short walk to Pistakee Lake and downtown Fox Lake, where you’ll find local shops,

    (224) 337-4508

    43 Tremont Rd Unit 3, Fox Lake, IL 60020

Why Live in Fox Lake

Fox Lake, IL, nestled in the Chain O’Lakes region, is a village of approximately 10,500 residents located about 60 miles northwest of Chicago. Known for its boating culture and lakeside living, Fox Lake offers a mix of historic cottages and modern homes, attracting both year-round residents and seasonal visitors. Home styles vary from newer townhomes and single-family houses in the Channel Lake area to traditional ranch-style homes around Duck Lake. The village is served by Grant Community High School District 124, which provides a strong college preparatory curriculum and Advanced Placement courses. Fox Lake’s biggest attraction is its access to the Chain O’Lakes, a system of 15 connected lakes ideal for boating, fishing, and watersports. Chain O’Lakes State Park offers hiking and biking trails, canoe rentals, and hunting areas, while Grant Woods Forest Preserve provides hiking, horseback riding, and birdwatching trails. The village experiences distinct seasonal variations, with milder summers and cold winters, making it a popular spot for winter recreation. Fox Lake’s Grand Avenue is the center of shopping and dining, featuring lakefront dining at Dockers Restaurant and locally crafted beers at Chain O’Lakes Brewing Company. Annual events like Venetian Night and the Ice Fishing Derby bring the community together. The Fox Lake Metra station provides direct train service to Chicago’s Union Station, and major highways connect the village to nearby cities. Chicago O’Hare International Airport is 42 miles away, and Northwestern Medicine McHenry Hospital is 10 miles southwest.

Frequently Asked Questions

How much does it cost to rent a home in Fox Lake, IL?
The median rent for a home in Fox Lake, IL is $2,350 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Fox Lake, IL?
To comfortably afford the median rent in Fox Lake, IL, a household needs to earn roughly $94,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,350 per month in Fox Lake, IL, renters typically need to show $7,050 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fox Lake, IL?
In Fox Lake, IL, the price-to-rent ratio is 8.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Fox Lake, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,350
Median Single Family Home Rent
$2,100
Median Townhouse Rent
$2,250
Median Condo Rent
$1,400
How to Rent a Home