Cheap Apartments for Rent in Bannockburn, IL from $1,200 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bannockburn.

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.

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The Atworth at Mellody Farm
$1,920 - $16,577
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $16,452
Required Monthly Fees
$125
Total Monthly Price
$1,920 - $16,577
Studio to 3 Bedroom Apartments Available Now

The Atworth at Mellody Farm

1111 N Milwaukee AveVernon Hills, IL 60061
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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Springs at Lake Cook Crossing
Rent Specials
$2,002 - $3,753
Total Monthly Price

Total Monthly Price

Base Rent
$1,848 - $3,599
Required Monthly Fees
$154
Total Monthly Price
$2,002 - $3,753
Studio to 3 Bedroom Apartments Available Now

Springs at Lake Cook Crossing

400 Spring Cress RdDeerfield, IL 60015
Luxury
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Albion Highland Park
$2,045 - $7,460
Total Monthly Price

Total Monthly Price

Base Rent
$2,045 - $7,460
Total Monthly Price
$2,045 - $7,460
Studio to 3 Bedroom Apartments Available Now

Albion Highland Park

1850 Green Bay RdHighland Park, IL 60035
Family Friendly
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  • Customer Reviewed
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AMLI Deerfield
$2,184 - $5,267
Total Monthly Price

Total Monthly Price

Base Rent
$2,180 - $5,263
Required Monthly Fees
$4
Total Monthly Price
$2,184 - $5,267
Studio to 2 Bedroom Apartments Available Now

AMLI Deerfield

1525 Lake Cook RdDeerfield, IL 60015
Furnished
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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

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!

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Foxboro Apartments
1 to 2 Bedroom Apartments

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing
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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089
Corporate Housing

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.

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Showing Results 1-38, Page 1 of 1

Bannockburn, IL Local Guide

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 $1,551. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunt Club ApartmentsAsh (1 Bed G)1BR,1BA$1,350
Mandalane1A1BR,1BA$1,551
Foxboro ApartmentsEaston1BR,1BA$1,668
Uptown 500The Loop (S1)Studio,1BA$1,699
The Green At Chevy Chase ApartmentsDoral1BR,1BA$1,700
444 SocialStudioStudio,1BA$1,775
The Wheatlands ApartmentsNormandy1BR,1BA$1,840
The 250 ResidencesA11BR,1BA$1,875
Arrive North ShorePalmer1BR,1BA$1,879
Arrive GlenviewE1Studio,1BA$1,899

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of February 15, 2026 the best value apartment in the Bannockburn area is the $2.62 price per square foot P Model at The Residences at Amberley Woods in the in the Downtown Lake Forest neighborhood starting from $6,020. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Residences at Amberley WoodsP3BR,2.5BA$2.62
The Landing at Town Center2 Bed 2 Bath C Renovated2BR,2BA$2.28
Union Apartments3 Bedroom3BR,2BA$1.80
Windbrooke CrossingLaurel2BR,1BA$2.59
Arlington Club ApartmentsA11BR,1BA$2.44
The Wheatlands ApartmentsNormandy Deluxe1BR,1BA$2.61
The Oaks Of Vernon HillsBirch1BR,1BA$2.55
Foxboro ApartmentsEaston1BR,1BA$2.38
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50
Mandalane1A1BR,1BA$2.27

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.

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Best 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

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The 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.

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Cash 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.

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A 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

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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 Uptown 500 listed at $1,699.

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

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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.

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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.

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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.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.