Cheap Homes for Rent in Bannockburn, IL from $1,700 (10 Rentals)

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

property at 342 Park Ave

342 Park Ave

GlencoeIL60022
property at 625 Deerfield Rd

625 Deerfield Rd

DeerfieldIL60015

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 $1,498. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunt Club ApartmentsAsh (1 Bed U)1BR,1BA$1,350
Mandalane1A1BR,1BA$1,498
Foxboro ApartmentsCapri1BR,1BA$1,555

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of October 26, 2025 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 3 Bedroom Model at Union Apartments starting at $2,200 with a $1.80 price per square foot in the McHenry Road 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.
Townhomes at Pointe DriveCenter Unit3BR,2.5BA$1.82
Union Apartments3 Bedroom3BR,2BA$1.80
Park Townhomes of Highland Park2BR/1.5BA2BR,1.5BA$2.42
The WheatlandsLorraine Deluxe2BR,2BA$2.38
Woodview ApartmentsG12BR,2BA$2.66
Renaissance Place in Highland Park1Bed/1Bath1BR,1BA$1.88
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$2.06
Arlington Club ApartmentsA31BR,1BA$2.36
One Wheeling Town Center1B1BA-1A1BR,1BA$2.63
Mandalane1A1BR,1BA$2.19

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Pet Friendly Lifestyle

Ranked #

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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

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Frequently Asked Questions about Bannockburn

What type of rentals are currently available in Bannockburn?

There are currently 54 Apartments for Rent in Bannockburn, IL with pricing that ranges from $1,350 to $16,077. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bannockburn ranging from $1,795 to $12,000.

What is the current price range for Rental Homes in Bannockburn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bannockburn ranges from $1,795 to $12,000 with an average monthly rent of $5,085.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.