Cheap Apartments for Rent in Inverness, IL from $1,000 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Inverness.

Albion on Northwest

268 N Carter St

The Gates of Deer Grove Apartment Homes
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.

The Clayson

304 N Carter St, Unit 104

The Lakes of Schaumburg Apartment Homes

Remington Place Apartments

Element at Veridian

The Treehouse of Schaumburg
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.

337 N Carter St, Unit #202

1 Renaissance Pl
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.

337 N Carter St
Inverness, IL Local Guide

How much does it cost to rent an apartment in Inverness?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Inverness Studio Apartments | $2,914 | $1,745 | $6,000 |
| Inverness 1 Bedroom Apartments | $1,828 | $1,350 | $3,024 |
| Inverness 2 Bedroom Apartments | $2,371 | $1,455 | $4,500 |
| Inverness 3 Bedroom Apartments | $3,412 | $2,170 | $5,500 |
Browse Top Apartments in Inverness
See all Apartments in InvernessExplore Inverness
Inverness, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Inverness Apartments for Rent and Nearby
 The cheapest available apartment rental in Inverness, IL is a 1 Bed unit found at Albion on Northwest in the Cherrybrook Village neighborhood priced from $1,450. The Gates of Deer Grove Apartment Homes in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,545. Here is today’s list of the most affordable Inverness apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Albion on Northwest | Oak (A) | 1BR,1BA | $1,450 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,545 |
| 21 Kristin | 1x1P - (Partial) | 1BR,1BA | $1,559 |
| The Clayson | 1 Bedroom | 1BR,1BA | $1,565 |
| The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $1,630 |
Best Value Apartments for Rent in Inverness, IL and Nearby
As of January 01, 2026 the best value apartment in the Inverness area is the $2.25 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Barrington in the in the Far Northwest Suburban Cook neighborhood starting from $2,654. The second greatest value Inverness apartment is the 1 Bed / 2 Baths with Den Model at The Quin starting at $2,400 with a $2.33 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| HIGHPOINT Barrington | 2 Bed 2 Bath | 2BR,2BA | $2.25 |
| The Quin | 1 Bed / 2 Baths with Den | 1BR,2BA | $2.33 |
| 116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.90 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| 21 Kristin | 1x1R - (Renovated) | 1BR,1BA | $2.17 |
| Albion on Northwest | Oak (Ah) | 1BR,1BA | $2.41 |
| The Treehouse of Schaumburg | 1 Bedroom | 1BR,1BA | $2.35 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 720 sqft | 1BR,1BA | $2.33 |
| The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $2.30 |
| The Clayson | 1 Bedroom | 1BR,1BA | $2.24 |
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.
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 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 Inverness, IL Rentals by Map
See the most popular apartments and homes in Inverness, IL
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 $1,675.
How much is rent for a Cheap One Bedroom Inverness Apartment?
The lowest price for a Cheap One Bedroom Inverness Apartment is $1,450 at Albion on Northwest.
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 $1,779 at 21 Kristin.
What is the most affordable Inverness Three Bedroom Apartment?
The best deal on a cheap Inverness Three Bedroom Apartment rental is at The Clayson and starts from $2,170.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






