Cheap Apartments for Rent in Inverness, IL from $1,000 (29 Rentals)

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Albion on Northwest
$1,533 - $2,413
Total Monthly Price

Total Monthly Price

Base Rent
$1,533 - $2,413
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Albion on Northwest

975 N Sterling AvePalatine, IL 60067
Affordability
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  • Low Income

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Inverleith Apartments
Studio to 2 Bedroom Apartments

Inverleith Apartments

525 N Quentin RdPalatine, IL 60067
  • Utilities Included

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.

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property at 337 N Carter St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

337 N Carter St, Unit 202, Unit 202

337 N Carter St
PalatineIL60067

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.

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Showing Results 1-29, Page 1 of 1

Inverness, IL Local Guide

Cheapest Available Inverness Apartments for Rent and Nearby

 

The cheapest available apartment rental in Inverness, IL is a 1 Bed unit found at The Clayson in the Cherrybrook Village neighborhood priced from $1,473. Albion on Northwest in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,633. Here is today’s list of the most affordable Inverness apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Clayson1 Bedroom1BR,1BA$1,473
Albion on NorthwestElm (A1) 1 Bedroom Aparment1BR,1BA$1,633
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,655
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$1,655
21 Kristin1x1R - (Renovated)1BR,1BA$1,659
Remington Place ApartmentsEdelweiss (Den)1BR,1BA$1,740
Element at VeridianS1Studio,1BA$1,820
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2,065

Best Value Apartments for Rent in Inverness, IL and Nearby

As of April 20, 2026 the best value apartment in the Inverness area is the $2.57 price per square foot 2 Beds / 2 Baths Model at The Quin in the in the Pleasant Hill neighborhood starting from $2,850. The second greatest value Inverness apartment is the 441 N Eric Dr Model at 441 N Eric Dr, Unit 3A starting at $1,795 with a $1.80 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Inverness apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quin2 Beds / 2 Baths2BR,2BA$2.57
441 N Eric Dr, Unit 3A441 N Eric Dr2BR,2BA$1.80
116 W Wood St, Unit 2E116 W Wood St2BR,2BA$1.94
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2.52
21 Kristin1x1R - (Renovated)1BR,1BA$2.18
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$2.24
Remington Place ApartmentsEdelweiss Deluxe1BR,1BA$2.69
Albion on NorthwestOak (Ah) 1 Bedroom Apartment1BR,1BA$2.49
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$2.33
The Clayson1 Bedroom1BR,1BA$2.10

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.

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Don'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.

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The 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.

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Cash 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.

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Frequently Asked Questions about Cheap Inverness Apartments

What is the Cheapest Studio apartment in Inverness?

Currently the most affordable Cheap Studio Apartment in Inverness is at Element at Veridian listed at $1,820.

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

The lowest price for a Cheap One Bedroom Inverness Apartment is $1,473 at The Clayson.

What is the lowest price for a Cheap Two Bedroom Inverness Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Inverness is starting from $1,833 at Albion on Northwest.

What is the most affordable Inverness Three Bedroom Apartment?

The best deal on a cheap Inverness Three Bedroom Apartment rental is at 21 Kristin and starts from $2,609.

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.

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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.