5

Round Lake, IL Condos for Rent

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  • /14

    $1,350 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    126 W Washington St Unit 223, Round Lake, IL 60073

    Check out this spacious 2 bedroom 1 bathroom apartment in Round Lake! Laminate flooring throughout... You'll love the open concept kitchen which features stove & fridge. Both bedrooms are great for queen size beds. Free parking for 1-2 cars. Heat & Water Included, Tenant Pays Electricity. 650+ credit per applicant, income 3x monthly rent (combined). Coin Laundry in Building. Landlord pays

    126 W Washington St Unit 223, Round Lake, IL 60073
  • /14

    $1,250

    Total Monthly Price

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

    35356 N Summit Place Unit LAKEFRONT Apartment/Cottage, Round Lake, IL 60073

    -- Enjoy swimming in clean waters off of YOUR private sand beach; fishing/ice fishing/ boating (rowboat available on-site). Enjoy nearby scenic bike trails; jogging trails; or just kick back and enjoy watching the Saturday morning sailboat races on your private dock or picnic table or bench. The view shown above is what YOU can wake up to every morning. FREE LAUNDRY facilities on-site; free

    35356 N Summit Place Unit LAKEFRONT Apartment/Cottage, Round Lake, IL 60073
  • /11

    $1,475 Per Month

    • 2 Beds
    • 2 Baths
    • Condo for Rent

    542 N Carol Ln Unit A1, Round Lake, IL 60073

    Bright and spacious 2-bedroom, 1-bathroom apartment with generous living space! The unit features a large eat-in kitchen complete to make your own space. The queen-sized bedroom offers plenty of room for comfort. Enjoy the perks of free parking and water included in the rent. Tenant covers electricity (including electric heat and stove). A one-time 500 hundred dollar move-in fee applies. Laundry

    542 N Carol Ln Unit A1, Round Lake, IL 60073
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    $1,325 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    124 W Washington St Unit 114, Round Lake, IL 60073

    Spacious 2 bedroom 1 bathroom apartment in Round Lake! Laminate flooring throughout... You'll love the open concept kitchen which features stove & fridge. Both bedrooms are great for queen size beds. Free parking for 1-2 cars. Heat & Water Included, Tenant Pays Electricity. 650+ credit per applicant, income 3x monthly rent (combined). Coin Laundry in Building. NO move in fee or security

    124 W Washington St Unit 114, Round Lake, IL 60073
  • /12

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • 732 Sq Ft
    • Condo for Rent

    1490 Spring Brook Ct Unit 2A, Round Lake Beach, IL 60073

    Updated 1-bedroom, 1-bath condo with approximately 730 sq. ft. of living space. Features include new luxury vinyl plank flooring throughout, fresh paint, and new ceiling fans in the living room and bedroom. Kitchen includes a new electric range. The bedroom features a walk-in closet. In-unit washer and dryer. Private balcony with additional storage. Unit also includes a private 1-car garage.

    Mikhail Kontorovich Traditional RE Inc

    1490 Spring Brook Ct Unit 2A, Round Lake Beach, IL 60073

Frequently Asked Questions

How much does it cost to rent a condo in Round Lake, IL?
The median rent for a condo in Round Lake, IL is $2,088 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 Round Lake, IL?
To comfortably afford the median rent in Round Lake, IL, a household needs to earn roughly $109,800 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 $2,745 per month in Round Lake, IL, renters typically need to show $8,235 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 Round Lake, IL?
In Round Lake, IL, the price-to-rent ratio is 9.7, 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.
What neighborhoods in Round Lake, IL are best for renting a condo?
The best neighborhood for renting in Round Lake, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Libertyville and Virginia Lake, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$2,088
Median 1 Bedroom Condo Rent
$1,425
Median 2 Bedroom Condo Rent
$1,975
Median 3 Bedroom Condo Rent
$2,475
How to Rent a Home