
Cheap Apartments for Rent near Bannockburn, IL from $1,500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Bannockburn.


Union Apartments

933-951 Waukegan Rd

548-552 Sheridan Rd

Hunt Club Apartments

Mandalane

Woodview Apartments

Park Meadows Apartments

444 Social
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One Wheeling Town Center

696 Elm Pl, Unit 105

Total Monthly Price
1038 Deerfield Rd, Unit Apt B

Total Monthly Price
The Atworth at Mellody Farm

Arlington Club Apartments

The Green At Chevy Chase Apartments

Arrive North Shore

The Wheatlands Apartments

Uptown 500
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Northgate Crossing of Wheeling

The 250 Residences

301 Riverwalk Place

Total Monthly Price
AMLI Deerfield

The Oaks Of Vernon Hills

The Domaine at Hawthorn Row

Terraces at Deerfield

TGM NorthShore

Park Townhomes of Highland Park
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Albion Highland Park

Total Monthly Price
Everleigh Vernon Hills 55+ Active Adult Apartments

HIGHPOINT Highwood Station 440

Renaissance Place in Highland Park

The Landing at Town Center

318 Walker Ave

McGovern House

The Majestic Luxury Apartments

914 Chestnut St
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Total Monthly Price
914 Chestnut St, Unit 914

Foxboro Apartments

HIGHPOINT Highwood Station 546

Windbrooke Crossing

1121 Waukegan Rd

2121 St Johns Ave

1988 Green Bay Rd

608 W Inverrary Ln

1220 Park Ave W
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322 Euclid 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 | $2,229 | $1,547 | $7,516 |
| Bannockburn 1 Bedroom Apartments | $2,452 | $1,350 | $6,136 |
| Bannockburn 2 Bedroom Apartments | $3,185 | $1,582 | $10,000+ |
| Bannockburn 3 Bedroom Apartments | $4,250 | $2,455 | $7,900 |
Browse Top Apartments in Bannockburn
See all Apartments in BannockburnExplore Bannockburn
Bannockburn, IL Local Guide
- Nearby Cities
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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. Foxboro Apartments in the Dundee Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,573. 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 |
| Foxboro Apartments | Astor | 1BR,1BA | $1,573 |
| 548-552 Sheridan Rd | Studio | Studio,1BA | $1,600 |
| Mandalane | 1A | 1BR,1BA | $1,640 |
| Park Meadows Apartments | 1BR/1.0BA | 1BR,1BA | $1,675 |
| Arlington Club Apartments | A | 1BR,1BA | $1,765 |
| The Green At Chevy Chase Apartments | Medinah | 1BR,1BA | $1,860 |
| The Wheatlands Apartments | Normandy | 1BR,1BA | $1,875 |
| Uptown 500 | The Adler (S2) | Studio,1BA | $1,931 |
| The 250 Residences | A1 | 1BR,1BA | $1,973 |
Best Value Apartments for Rent in Bannockburn, IL and Nearby
As of August 14, 2026 the best value apartment in the Bannockburn area is the $2.33 price per square foot Hawthorn - Townhome Model at The Oaks Of Vernon Hills in the in the South Vernon Hills neighborhood starting from $4,199. The second greatest value Bannockburn apartment is the 3BR/2.5BA Model at Webster Place starting at $4,072 with a $2.27 price per square foot in the Fort Sheridan 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. |
|---|---|---|---|
| The Oaks Of Vernon Hills | Hawthorn - Townhome | 3BR,2.5BA | $2.33 |
| Webster Place | 3BR/2.5BA | 3BR,2.5BA | $2.27 |
| Northgate Crossing of Wheeling | Edison | 2BR,2BA | $2.20 |
| One Wheeling Town Center | 1B1BA+D-1E | 1BR,1BA | $2.52 |
| The Landing at Town Center | 1 Bed 1 Bath D Renovated* | 1BR,1BA | $2.46 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $2.49 |
| Hunt Club Apartments | Oak (1Bed U-R) | 1BR,1BA | $2.06 |
| Park Meadows Apartments | 1BR/1.0BA | 1BR,1BA | $2.24 |
| Foxboro Apartments | Easton | 1BR,1BA | $2.34 |
| Mandalane | 1A | 1BR,1BA | $2.40 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 548-552 Sheridan Rd listed at $1,600.
How much is rent for a Cheap One Bedroom Bannockburn Apartment?
The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,573 at Foxboro 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 One Wheeling Town Center and starts from $2,999.
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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