Apartments in Round Lake

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825 N Fairfield Rd Round Lake, IL
Studio - 3 BR | Available Now
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Dog Friendly
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0
$2,100
Round Lake, IL
4 BR | Apr. 14, 2025
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Cat Friendly
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4
$1,100 - 1,244
1.8
216 W Forest Ave Ste. 100 Round Lake, IL
1 - 2 BR | Available Now
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Income Restricted
16
$1,300
Round Lake, IL
3 BR | Available Now
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How much does it cost to rent an apartment in Round Lake?

Round Lake Apartments
Bed Type Average Rent Range
1BR $1,100 $1,100 - $1,100
2BR $1,240 $1,240 - $1,240
3BR $1,300 $1,300 - $1,300

Search Cities Near Round Lake, IL

Round Lake:
March Rent Report

Welcome to the March 2025 Round Lake Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2025 key findings and figures for the Round Lake rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Round Lake and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Round Lake average rent prices in the chart below.

Monthly Rent Report

$1,500
$1,130
$750
$380
$0
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
1 BR       2 BR

Round Lake Rent Prices Decrease From February to March

Round Lake rent prices decreased over the last month. From February to March, the city experienced a -0.09% decrease for the price of a one-bedroom apartment. The rent price for a Round Lake one-bedroom apartments currently stands at $1,093.0.

When we take a look at the two-bedroom comparison from February to March, Round Lake experienced a 1.76% increase for the price of a two-bedroom apartment. The rent price for a Round Lake two-bedroom apartments currently stands at $1,272.0.

March Prices: Round Lake vs. Surrounding Areas

Rent Prices in Round Lake and Surrounding Areas

Rent prices have decreased in Round Lake over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Round Lake suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Round Lake suburbs

  • Rents did not decrease in any of the Round Lake suburbs.

March 2025 Pricing Trends: Round Lake vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,076
$3,129
$2,387
$2,328
$1,905
$1,262
$1,247
$1,197
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Round Lake Rent Prices More Affordable Than Major Cities

Rent growth in Round Lake over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Round Lake average rent prices appear to be relatively affordable for local residents.

The price for a Round Lake one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Round Lake and surrounding area rent prices, take a look at the complete data set below.

Data set for Round Lake and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.