
Cheap Apartments for Rent in Bannockburn, IL from $1,200 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Bannockburn.


444 Social

Springs at Lake Cook Crossing

The Green At Chevy Chase Apartments

Arrive North Shore

One Wheeling Town Center

Uptown 500

The 250 Residences
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Atworth at Mellody Farm

1149 Deerfield Rd, Unit A

Northgate Crossing of Wheeling

The Wheatlands Apartments

The Oaks Of Vernon Hills

TGM NorthShore

Elaine Luxury Apartments

Renaissance Place in Highland Park

AMLI Deerfield
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Ravinia Crossing

Everleigh Vernon Hills 55+ Active Adult Apartments

Arlington Club Apartments

Albion Highland Park

The Domaine at Hawthorn Row

Woodview Apartments

Terraces at Deerfield

Americana Apartments
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

1179 Deerfield Rd

423 Funston Ave

625 Deerfield Rd

546 Green Bay Rd

696 Elm Pl
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

104 Michigan Ave
Bannockburn, IL Local Guide

How much does it cost to rent an apartment in Bannockburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bannockburn Studio Apartments | $2,107 | $1,675 | $5,284 |
| Bannockburn 1 Bedroom Apartments | $2,384 | $1,350 | $5,554 |
| Bannockburn 2 Bedroom Apartments | $3,184 | $1,600 | $10,000+ |
| Bannockburn 3 Bedroom Apartments | $3,974 | $2,200 | $10,000+ |
Browse Top Apartments in Bannockburn
See all Apartments in BannockburnExplore Bannockburn
Bannockburn, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Bannockburn Apartments for Rent and Nearby
 The cheapest available apartment rental in Bannockburn, IL is a 1 Bed unit found at Hunt Club Apartments in the Milwaukee Avenue neighborhood priced from $1,350. Mandalane in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,429. Here is today’s list of the most affordable Bannockburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunt Club Apartments | Ash (1 Bed U) | 1BR,1BA | $1,350 |
| Mandalane | 1A | 1BR,1BA | $1,429 |
| Foxboro Apartments | Astor | 1BR,1BA | $1,517 |
| The Green At Chevy Chase Apartments | Doral | 1BR,1BA | $1,750 |
| 444 Social | Studio | Studio,1BA | $1,775 |
| The 250 Residences | A1 | 1BR,1BA | $1,815 |
| One Wheeling Town Center | Studios-1B | Studio,1BA | $1,845 |
| Northgate Crossing of Wheeling | Berkshire | 1BR,1BA | $1,850 |
| The Wheatlands Apartments | Normandy | 1BR,1BA | $1,865 |
| Uptown 500 | The Adler (S2) | Studio,1BA | $1,898 |
Best Value Apartments for Rent in Bannockburn, IL and Nearby
As of January 02, 2026 the best value apartment in the Bannockburn area is the $1.82 price per square foot Center Unit Model at Townhomes at Pointe Drive in the in the North Northfield neighborhood starting from $4,295. The second greatest value Bannockburn apartment is the 2 Bed 2 Bath C Renovated Model at The Landing at Town Center starting at $2,880 with a $2.28 price per square foot in the South Vernon Hills neighborhood. Here is today’s list of the best values for Bannockburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Pointe Drive | Center Unit | 3BR,2.5BA | $1.82 |
| The Landing at Town Center | 2 Bed 2 Bath C Renovated | 2BR,2BA | $2.28 |
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $1.98 |
| Hunt Club Apartments | Maple (2Bed G-R) | 2BR,1BA | $2.29 |
| Windbrooke Crossing | Laurel | 2BR,1BA | $2.51 |
| Foxboro Apartments | Fairfield | 2BR,1.25BA | $2.35 |
| Springs at Lake Cook Crossing | 1 BR Haven Overlook | 1BR,1BA | $2.52 |
| Arlington Club Apartments | A1 | 1BR,1BA | $2.47 |
| Mandalane | 1A | 1BR,1BA | $2.09 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bannockburn, IL Rentals by Map
See the most popular apartments and homes in Bannockburn, IL
Frequently Asked Questions about Cheap Bannockburn Apartments
What is the Cheapest Studio apartment in Bannockburn?
Currently the most affordable Cheap Studio Apartment in Bannockburn is at 444 Social listed at $1,775.
How much is rent for a Cheap One Bedroom Bannockburn Apartment?
The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,350 at Hunt Club Apartments.
What is the lowest price for a Cheap Two Bedroom Bannockburn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bannockburn is starting from $1,600 at Hunt Club Apartments.
What is the most affordable Bannockburn Three Bedroom Apartment?
The best deal on a cheap Bannockburn Three Bedroom Apartment rental is at Union Apartments and starts from $2,200.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!





