Cheap Apartments for Rent in Inverness, IL from $1,000 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Inverness.

208 E Russell St

Albion on Northwest

The Gates of Deer Grove Apartment Homes

The Clayson
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 Treehouse of Schaumburg

Remington Place Apartments

The Lakes of Schaumburg Apartment Homes

162 Walton St
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.
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.

236 Whidah Ct

1800 Jamestown Cir

2000 Bayside Dr
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 | $2,899 | $1,901 | $6,000 |
Inverness 1 Bedroom Apartments | $1,980 | $1,355 | $4,289 |
Inverness 2 Bedroom Apartments | $2,450 | $1,550 | $4,500 |
Inverness 3 Bedroom Apartments | $3,810 | $2,374 | $5,500 |
Browse Top Apartments in Inverness
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Inverness, IL Local Guide
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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 $1,575. 21 Kristin in the Far Northwest Suburban Cook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,639. 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 | $1,575 |
21 Kristin | 1x1R - (Renovated) | 1BR,1BA | $1,639 |
The Treehouse of Schaumburg | 1 bedroom | 1BR,1BA | $1,650 |
The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $1,675 |
The Gates of Deer Grove Apartment Homes | One Bedroom - 775 sqft | 1BR,1BA | $1,715 |
Best Value Apartments for Rent in Inverness, IL and Nearby
As of September 14, 2025 the best value apartment in the Inverness area is the $2.71 price per square foot B1 Model at Element at Veridian in the in the Pleasant Hill neighborhood starting from $3,208. The second greatest value Inverness apartment is the 1 Bed / 2 Baths with Den Model at The Quin starting at $2,685 with a $2.61 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. |
---|---|---|---|
Element at Veridian | B1 | 2BR,2BA | $2.71 |
The Quin | 1 Bed / 2 Baths with Den | 1BR,2BA | $2.61 |
The Clayson | 2 Bedrooms | 2BR,1BA | $1.84 |
The Lakes of Schaumburg Apartment Homes | Two Bedroom | 2BR,2BA | $2.48 |
HIGHPOINT Barrington | 1 Bed 1 Bath | 1BR,1BA | $2.29 |
The Gates of Deer Grove Apartment Homes | One Bedroom - 775 sqft | 1BR,1BA | $2.21 |
21 Kristin | 1x1R - (Renovated) | 1BR,1BA | $2.16 |
Albion on Northwest | Oak (Ap) | 1BR,1BA | $2.35 |
North 680 | A3 - One Bedroom | 1BR,1BA | $2.77 |
The Treehouse of Schaumburg | 1 bedroom | 1BR,1BA | $2.28 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Inverness, IL
Getting Around Inverness, IL
Walk Score®
20 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Inverness Apartments
How much is rent for a Cheap One Bedroom Inverness Apartment?
The lowest price for a Cheap One Bedroom Inverness Apartment is $1,575 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 $1,745 at The Clayson.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.