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Lake Villa, IL Homes for Rent

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  • /35

    Starting at $1,525 Per Month

    • 1 Bed

    149 N Milwaukee Ave, Lake Villa, IL 60046

    Beautiful Remodel Two Bedroom! - Deep Lake Hermitage is a waterfront apartment community that stands above the rest! Come live the lake life in style in one of our remodeled units! With updated appliances, updated flooring, updated cabinets, and updated countertops, you can feel like youre living in a dream! Heat included! This community offers a waterfront living

    Deep Lake Hermitage

    149 N Milwaukee Ave, Lake Villa, IL 60046
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    $2,250 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,150 Sq Ft
    • House for Rent

    37055 N Capillo Ave, Lake Villa, IL 60046

    Nicely Updated and Move-In Ready 3-Bedroom Single-Family Rental with Lake Rights. Welcome home to this nicely updated and move-in ready 3-bedroom, 11/2-bath single-family home situated on an oversized lot with a huge, private backyard. The main level features a bright and inviting family room and a large updated kitchen filled with natural light. The kitchen offers newer appliances, abundant

    John Worklan Baird & Warner

    37055 N Capillo Ave, Lake Villa, IL 60046
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    $3,500

    Total Monthly Price

    • 6 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • House for Rent

    37483 Illinois Rte 59, Lake Villa, IL 60046

    5 minutes away from the Chain O Lakes.10 minutes away from Supper Walmart, Meijer, many other stores and restaurants. 20 minutes away from Gurnee Mills, and I94.30 minutes away from Great Lakes Naval Base.$3500/month +$7,000 deposit 3l2 598 69.5O

    37483 Illinois Rte 59, Lake Villa, IL 60046
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    $3,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,862 Sq Ft
    • House for Rent

    37061 N Bonnie Brae Rd, Lake Villa, IL 60046

    Welcome to this exceptional 4-bed, 2.5-bath, 2,862 sq. ft. single-family home in the highly sought-after Deerpath Estates offers a private retreat with no backyard neighbors. Perfect for families, it features a prime location zoned for Millburn Elementary and Warren Township High School districts.Property Highlights:Space: 4 generously sized bedrooms and 2.5 well-appointed bathrooms.Location:

    Venkateshwar Talari Coldwell Banker Realty

    37061 N Bonnie Brae Rd, Lake Villa, IL 60046
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    $3,500

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,800 Sq Ft
    • House for Rent

    154 Wildflower Ln, Round Lake Beach, IL 60073

    Very nice house.Walking distance to Walmart and Meijer. 15 minutes from Gurnee Mills and I-94.30 minutes from Great Lakes Naval Base.Minutes from two Metra lines. Both go Downtown Chicago.$3,500/month +$7,000 deposit. 3l2 598 695O

    154 Wildflower Ln, Round Lake Beach, IL 60073
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    $2,995 Per Month

    • 4 Beds
    • 2 Baths
    • 2,676 Sq Ft
    • House for Rent

    34974 N Lincoln Ave, Lake Villa, IL 60046

    Welcome Home to This Beautifully Updated Rental! Bright and spacious 4-bedroom, 2-full-bath home situated on a desirable corner lot with almost half an acre. Features include a living room, formal dining room, sitting room, and updated kitchen with quartz countertops, newer appliances, and a breakfast area. The home has been completely updated, featuring newer flooring, lighting, and neutral

    Octavio Martinez HomeSmart Connect LLC

    34974 N Lincoln Ave, Lake Villa, IL 60046
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    $3,400 Per Month

    • 6 Beds
    • 3 Baths
    • 2,572 Sq Ft
    • Apartment for Rent

    25283 W Timber Ln, Lake Villa, IL 60046

    Welcome Home to this beautiful and spacious oasis home located in unincorporated lake villa, super nice and grand living space featuring total of 6 bedrooms 3 full baths, that provides the space, comfort and lifestyle you are looking for. This thoughtfully updated while keeping some of its original Touches. Upon Entering you will be greeted with vaulted foyer, on ground level there are 3 bedrooms

    Kasim Alnafoosi HomeSmart Connect LLC

    25283 W Timber Ln, Lake Villa, IL 60046
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    $3,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,780 Sq Ft
    • House for Rent

    37235 N Hillside Dr, Lake Villa, IL 60046

    Welcome home to this charming 3-bedroom, 2-bath residence offering comfort, functionality, and the added benefit of lake and dock access. The thoughtfully designed layout provides spacious living areas, comfortable bedrooms, and two full bathrooms to accommodate family and guests. Whether you're relaxing indoors or enjoying time by the water, this home offers the perfect balance of everyday

    Elizabeth Sacha Village Realty Inc

    37235 N Hillside Dr, Lake Villa, IL 60046
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    $2,500 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,133 Sq Ft
    • House for Rent

    34904 N Carvis Dr, Lake Villa, IL 60046

    Enjoy this unincorporated double lot oasis, House completely renovated in 2026, Home features 3 bedrooms 1.5 New white shaker kitchen cabinets with granite counters and new appliances . full Remodeled baths. New luxury vinyl plank. New water heater, new washer and dryer, double lot that provide extra space and endless possibilities. Strategically convenient location, steps away from the lake,

    Kasim Alnafoosi HomeSmart Connect LLC

    34904 N Carvis Dr, Lake Villa, IL 60046

Why Live in Lake Villa

Lake Villa, Illinois, situated in Chicago's Chain O’ Lakes region, offers a serene escape from urban life with its focus on nature and outdoor activities. The community of nearly 9,000 residents enjoys access to Cedar and Deep Lakes, which provide opportunities for swimming, fishing, and boating. Lehmann Park, located along Cedar Lake, features a beach, volleyball courts, and horseshoe pits, while Frank M. Loffredo Park offers soccer, football, and baseball fields, as well as a seasonal hockey rink and skatepark. Sun Lake Forest Preserve, with its fragile shoreline, offers over 3 miles of trails for hiking, biking, and cross-country skiing. The Lake Villa Township Baseball Complex is popular for youth sports. Housing in Lake Villa includes New Traditionals, split-level, and ranch-style homes, with some lakeside properties featuring custom designs and private docks. The local schools, Lake Villa Community Consolidated School District 41 and Antioch Community High School District 117, are highly rated. Downtown Lake Villa hosts local restaurants like Timothy O’Tooles, known for its wings and pub fare, though residents often shop in nearby Round Lake Beach or Gurnee Mills. The village hosts summer concerts and a fall festival with live music and local vendors. Located 52 miles from both Chicago and Milwaukee, Lake Villa offers convenient commuting options via I-94 and a Metra station. Chicago O’Hare International Airport is 39 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Lake Villa, IL?
The median rent for a home in Lake Villa, IL is $3,250 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lake Villa, IL?
To comfortably afford the median rent in Lake Villa, IL, a household needs to earn roughly $130,000 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 $3,250 per month in Lake Villa, IL, renters typically need to show $9,750 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 Lake Villa, IL?
In Lake Villa, IL, the price-to-rent ratio is 9.4, 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.
What neighborhoods in Lake Villa, IL are best for renting a home?
The best neighborhood for renting in Lake Villa, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Fox Lake Hills and Northeast Fox Lake, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$3,250
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$2,000
Median Condo Rent
$1,250
How to Rent a Home