Cheap Apartments for Rent in Bannockburn, IL from $1,200 (26 Rentals)

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Cheap Apartments in Bannockburn.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089
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Bannockburn, IL Local Guide

Cheapest Available Bannockburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bannockburn, IL is a 2 Beds unit found at Union Apartments in the McHenry Road neighborhood priced from $1,522. Mandalane in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,607. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Union Apartments2 Bedroom2BR,1BA$1,522
Mandalane1A1BR,1BA$1,607
Foxboro ApartmentsAstor1BR,1BA$1,683
The Green at Chevy ChaseMedinah1BR,1BA$1,725
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$1,750
Uptown 500The Adler (S2)Studio,1BA$1,884
The 250 ResidencesA1a1BR,1BA$1,900
Woodview ApartmentsD11BR,1BA$1,949
Arrive GlenviewA11BR,1BA$1,955
Albion Highland ParkS6 - WestStudio,1BA$2,040

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of May 03, 2025 the best value apartment in the Bannockburn area is the $2.50 price per square foot 2 Bed Model at Ravinia Crossing in the in the Briergate Station neighborhood starting from $3,025. The second greatest value Bannockburn apartment is the B2 Model at The MilTon Luxury Apartments starting at $2,614 with a $2.46 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.
Ravinia Crossing2 Bed2BR,2BA$2.50
The MilTon Luxury ApartmentsB22BR,1.5BA$2.46
The WheatlandsLorraine Plus2BR,2BA$2.28
The Green at Chevy ChaseChevy Chase Plus2BR,2BA$2.48
The Landing at Town Center1 Bed 1 Bath D Renovated1BR,1BA$2.37
Union Apartments2 Bedroom2BR,1BA$1.69
Arlington Club ApartmentsB2BR,1BA$2.43
Mandalane1D1BR,1BA$2.38
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50
Foxboro ApartmentsEaston1BR,1BA$2.45

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Bannockburn, IL Rentals by Map

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See the most popular apartments and homes in Bannockburn, IL

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Getting Around Bannockburn, IL

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,884.

How much is rent for a Cheap One Bedroom Bannockburn Apartment?

The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,607 at Mandalane.

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 $1,522 at Union Apartments.

What is the most affordable Bannockburn Three Bedroom Apartment?

The best deal on a cheap Bannockburn Three Bedroom Apartment rental is at 444 Social and starts from $3,600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.