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Round Lake, IL Condos for Rent

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  • /4

    $1,450 Per Month

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

    1506 Spring Brook Ct Unit 2G, Round Lake Beach, IL 60073

    Newly upgrade beautiful 1 Bed and 1 Bath spacious Condo unit with in-unit Washer / Dryer and vaulted ceilings is available for immediate move-in ! New Engineered hard-wood floors through-out, Fresh Neutral color paints, White Trim and White Doors, New Toilet, LED lights through-out and New Vanity Mirror, New Blinds etc ! Great Location w/ Private Patio ! Breakfast Bar, Patio w/Storage Closet !

    sunita kakarlapudi Sohum Realty, Inc.

    1506 Spring Brook Ct Unit 2G, Round Lake Beach, IL 60073
  • /14

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    126 W Washington St Unit 324, 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

    (224) 506-2101

    126 W Washington St Unit 324, Round Lake, 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 $2,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes and condos 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 $104,880 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 $2,622 per month in Round Lake, IL, renters typically need to show $7,866 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.

Condo Rental Trends in Round Lake, IL

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$2,300
Median 1 Bedroom Condo Rent
$1,450
Median 2 Bedroom Condo Rent
$1,975
Median 3 Bedroom Condo Rent
$2,350
How to Rent a Home