342 Jocelyn Pl
HighwoodIL60040
Cheap Homes for Rent in Bannockburn, IL from $1,600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Bannockburn.
696 Elm Pl
Highland ParkIL60035
342 Park
DeerfieldIL60015
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.
550 Vine Ave
Highland ParkIL60035
560 Vine Ave
Highland ParkIL60035
232 S Central Ave
HighwoodIL60040
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.
1478 Glencoe Ave
Highland ParkIL60035
Showing Results 1-7, Page 1 of 1
Bannockburn, IL Local Guide
SuperCar Saturday by Puparrazi PhotographY is licensed under CC BY 2.0
How much does it cost to rent a home in Bannockburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bannockburn 2 Bedroom Homes for Rent | $2,747 | $1,850 | $4,500 |
| Bannockburn 3 Bedroom Homes for Rent | $4,402 | $2,395 | $7,200 |
| Bannockburn 4 Bedroom Homes for Rent | $4,225 | $3,500 | $4,950 |
| Bannockburn 5 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
| Bannockburn 6 Bedroom Homes for Rent | $16,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Bannockburn
Explore 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 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 $1,702. Here is today’s list of the most affordable Bannockburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union Apartments | 2 Bedroom | 2BR,1BA | $1,522 |
| Mandalane | 1A | 1BR,1BA | $1,702 |
| Arrive North Shore | Palmer | 1BR,1BA | $1,730 |
Best Value Apartments for Rent in Bannockburn, IL and Nearby
As of June 16, 2025 the best value apartment in the Bannockburn area is the $2.17 price per square foot 2Bed/2Bath Model at Renaissance Place in Highland Park in the in the Briergate Station neighborhood starting from $3,600. The second greatest value Bannockburn apartment is the Two-Bed/Den Model at 444 Social starting at $3,630 with a $2.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Renaissance Place in Highland Park | 2Bed/2Bath | 2BR,2BA | $2.17 |
| 444 Social | Two-Bed/Den | 2BR,2BA | $2.50 |
| HIGHPOINT Highwood Station 546 | 2 Bed 2 Bath + Den | 2BR,2BA | $2.33 |
| Ravinia Crossing | 2 Bed | 2BR,2BA | $2.50 |
| The Wheatlands | Lorraine Plus | 2BR,2BA | $2.37 |
| The MilTon Luxury Apartments | B1 | 2BR,1BA | $2.49 |
| Union Apartments | 2 Bedroom | 2BR,1BA | $1.69 |
| The Green at Chevy Chase | Medinah | 1BR,1BA | $2.52 |
| Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
| Mandalane | 1A | 1BR,1BA | $2.49 |
Quick 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.
Let everyone know!
Do you know the Bannockburn area?
If you’re an expert on all things Bannockburn, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Bannockburn
What type of rentals are currently available in Bannockburn?
There are currently 52 Apartments for Rent in Bannockburn, IL with pricing that ranges from $1,633 to $16,452. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bannockburn ranging from $1,695 to $16,000.
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 $1,695 to $16,000 with an average monthly rent of $6,238.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.