Cheap Homes for Rent in Inverness, IL from $1,500 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Inverness.

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-22, 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 Brockway Court Apartments in the Pleasant Hill neighborhood priced from $1,300. Albion on Northwest in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,595. Here is today’s list of the most affordable Inverness apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brockway Court Apartments1x11BR,1BA$1,300
Albion on NorthwestOak (As)1BR,1BA$1,595
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$1,655
Remington Place ApartmentsAzalea1BR,1BA$1,662
The Clayson2 Bedrooms2BR,1BA$1,745

Best Value Apartments for Rent in Inverness, IL and Nearby

As of July 05, 2025 the best value apartment in the Inverness area is the $2.08 price per square foot 3 Bedroom (den) Model at The Treehouse of Schaumburg in the in the Pleasant Hill neighborhood starting from $2,300. The second greatest value Inverness apartment is the 2x2R - (Renovated) Model at 21 Kristin starting at $2,149 with a $2.07 price per square foot in the Far Northwest Suburban Cook 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 Treehouse of Schaumburg3 Bedroom (den)2BR,2BA$2.08
21 Kristin2x2R - (Renovated)2BR,2BA$2.07
The Quin1 Bed / 2 Baths with Den1BR,2BA$2.61
Element at VeridianA41BR,1BA$2.59
The Clayson2 Bedrooms2BR,1BA$1.84
The Lakes of Schaumburg Apartment HomesTwo Bedroom2BR,2BA$2.44
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2.50
Albion on NorthwestOak (Ap)1BR,1BA$2.35
Brockway Court Apartments1x11BR,1BA$1.86
Remington Place ApartmentsAzalea Deluxe1BR,1BA$2.80

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Inverness

What type of rentals are currently available in Inverness?

There are currently 91 Apartments for Rent in Inverness, IL with pricing that ranges from $1,300 to $7,569. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inverness ranging from $1,500 to $6,500.

What is the current price range for Rental Homes in Inverness?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Inverness ranges from $1,500 to $6,500 with an average monthly rent of $3,120.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.