
Cheap Homes for Rent in Fort Sheridan, IL from $1,700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Fort Sheridan.


1301 N Western Ave

1506 Glencoe Ave
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.

623 Waukegan Rd

104 Michigan Ave

318 Walker Ave
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.

1121 Waukegan Rd
Fort Sheridan, IL Local Guide

How much does it cost to rent a home in Fort Sheridan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fort Sheridan 2 Bedroom Homes for Rent | $2,583 | $2,012 | $4,000 |
| Fort Sheridan 3 Bedroom Homes for Rent | $4,358 | $2,800 | $7,000 |
| Fort Sheridan 4 Bedroom Homes for Rent | $6,268 | $3,975 | $10,000+ |
| Fort Sheridan 5 Bedroom Homes for Rent | $8,975 | $5,950 | $10,000+ |
| Fort Sheridan 6 Bedroom Homes for Rent | $12,150 | $5,800 | $10,000+ |
Browse Top Homes for Rent in Fort Sheridan
Explore Fort Sheridan
Fort Sheridan, IL Local Guide
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Cheapest Available Fort Sheridan Apartments for Rent and Nearby
 The cheapest available apartment rental in Fort Sheridan, IL is a 1 Bed unit found at Terrace Oaks Apartments in the Downtown Lake Forest neighborhood priced from $1,325. The Green At Chevy Chase Apartments in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,685. Here is today’s list of the most affordable Fort Sheridan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Terrace Oaks Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| The Green At Chevy Chase Apartments | Doral | 1BR,1BA | $1,685 |
| Arrive North Shore | Palmer | 1BR,1BA | $1,759 |
Best Value Apartments for Rent in Fort Sheridan, IL and Nearby
As of March 23, 2026 the best value apartment in the Fort Sheridan area is the $2.56 price per square foot O Model at The Residences at Amberley Woods in the in the Downtown Lake Forest neighborhood starting from $5,720. The second greatest value Fort Sheridan apartment is the Center Unit Model at Townhomes at Pointe Drive starting at $4,295 with a $2.63 price per square foot in the North Northfield neighborhood. Here is today’s list of the best values for Fort Sheridan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Amberley Woods | O | 3BR,2.5BA | $2.56 |
| Townhomes at Pointe Drive | Center Unit | 3BR,2.5BA | $2.63 |
| The Landing at Town Center | 2 Bed 1 Bath B Renovated* | 2BR,1BA | $2.24 |
| Forest Pointe | Two Bedroom, Two Bath (C2) | 2BR,2BA | $2.01 |
| 301 Riverwalk Place | The Elm | 1BR,1BA | $2.38 |
| 318 Walker Ave | 2BD, 2BA | 2BR,2BA | $2.34 |
| The Wheatlands Apartments | Normandy Deluxe | 1BR,1BA | $2.62 |
| The Oaks Of Vernon Hills | Birch | 1BR,1BA | $2.59 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2.50 |
| Terrace Oaks Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest 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
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
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 Fort Sheridan, IL Rentals by Map
See the most popular apartments and homes in Fort Sheridan, IL
Frequently Asked Questions about Fort Sheridan
What type of rentals are currently available in Fort Sheridan?
There are currently 40 Apartments for Rent in Fort Sheridan, IL with pricing that ranges from $1,325 to $12,424. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Sheridan ranging from $1,775 to $18,500.
What is the current price range for Rental Homes in Fort Sheridan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Sheridan ranges from $1,775 to $18,500 with an average monthly rent of $6,077.
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

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.

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.

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.

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

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.

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.

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.

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.