
Cheap Homes for Rent in Inverness, IL from $1,200 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Inverness.


1 Renaissance Pl

304 N Carter St, Unit 104

304 N Carter St

525 N Quentin Rd
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.

525 N Quentin Rd

337 N Carter St

337 N Carter St, Unit #202

337 N Carter St

211 N Bothwell 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.

525 N Quentin Rd

1255 N Sterling Ave

525 N Quentin Rd

525 N Quentin Rd

130 Crestwood Ct
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.
Inverness, IL Local Guide

How much does it cost to rent a home in Inverness?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Inverness 2 Bedroom Homes for Rent | $2,206 | $1,700 | $3,000 |
| Inverness 3 Bedroom Homes for Rent | $3,019 | $2,250 | $3,700 |
| Inverness 4 Bedroom Homes for Rent | $3,475 | $3,450 | $3,500 |
| Inverness 5 Bedroom Homes for Rent | $3,229 | $3,229 | $3,229 |
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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 $1,516. 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 $1,565. 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) 1 Bedroom Apartment | 1BR,1BA | $1,516 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,565 |
| 21 Kristin | 1x1R - (Renovated) | 1BR,1BA | $1,649 |
| The Lakes of Schaumburg Apartment Homes | One Bedroom | 1BR,1BA | $1,650 |
| Remington Place Apartments | Azalea | 1BR,1BA | $1,662 |
Best Value Apartments for Rent in Inverness, IL and Nearby
As of February 28, 2026 the best value apartment in the Inverness area is the $2.25 price per square foot 3x2R - (Renovated) Model at 21 Kristin in the in the Far Northwest Suburban Cook neighborhood starting from $2,809. The second greatest value Inverness apartment is the B1 - Two Bedroom Model at North 680 starting at $2,778 with a $2.46 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. |
|---|---|---|---|
| 21 Kristin | 3x2R - (Renovated) | 3BR,2BA | $2.25 |
| North 680 | B1 - Two Bedroom | 2BR,2BA | $2.46 |
| The Quin | 2 Beds / 2 Baths | 2BR,2BA | $2.57 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.87 |
| The Lakes of Schaumburg Apartment Homes | Two Bedroom | 2BR,2BA | $2.36 |
| The Gates of Deer Grove Apartment Homes | Two Bedroom- 875 sqft | 2BR,1BA | $2.25 |
| 116 W Wood St, Unit 1E | 116 W Wood St | 2BR,1BA | $1.97 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.46 |
| Remington Place Apartments | Azalea Deluxe | 1BR,1BA | $2.84 |
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 Inverness
What type of rentals are currently available in Inverness?
There are currently 94 Apartments for Rent in Inverness, IL with pricing that ranges from $1,226 to $6,000. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inverness ranging from $1,285 to $3,700.
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 $1,285 to $3,700 with an average monthly rent of $2,554.
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

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.