
Cheap Homes for Rent near Inverness, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Inverness.


Furnished Studio-Chicago - Schaumburg - I-90

Furnished Studio-Chicago - Schaumburg - Convention Center

236 Johnson St

211 N Bothwell St

167 E Palatine Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4424 W Euclid Ave

525 N Quentin Rd, Unit 713

228 E Rimini Ct

224 E Rimini Ct

301 W Main St

4424 Euclid Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

700 E Algonquin Rd
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 | $2,142 | $1,650 | $3,000 |
| Inverness 3 Bedroom Homes for Rent | $3,209 | $2,400 | $4,000 |
| Inverness 4 Bedroom Homes for Rent | $4,000 | $3,350 | $4,500 |
| Inverness 5 Bedroom Homes for Rent | $3,650 | $3,650 | $3,650 |
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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 The Lakes of Schaumburg Apartment Homes in the Pleasant Hill neighborhood priced from $1,555. Albion on Northwest in the Cherrybrook Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,624. Here is today’s list of the most affordable Inverness apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lakes of Schaumburg Apartment Homes | 1 Bedroom 1 Bath 570 | 1BR,1BA | $1,555 |
| Albion on Northwest | Elm (A1) 1 Bedroom Aparment | 1BR,1BA | $1,624 |
| 21 Kristin | 1x1P - (Partial) | 1BR,1BA | $1,659 |
| The Clayson | 2 Bedrooms | 2BR,1BA | $1,797 |
| Remington Place Apartments | Azalea Deluxe | 1BR,1BA | $1,832 |
Best Value Apartments for Rent in Inverness, IL and Nearby
As of July 22, 2026 the best value apartment in the Inverness area is the $1.89 price per square foot 2 Bedrooms Model at The Clayson in the in the Cherrybrook Village neighborhood starting from $1,797. The second greatest value Inverness apartment is the 1 Bed / 1 Bath Model at The Quin starting at $2,400 with a $2.60 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. |
|---|---|---|---|
| The Clayson | 2 Bedrooms | 2BR,1BA | $1.89 |
| The Quin | 1 Bed / 1 Bath | 1BR,1BA | $2.60 |
| The Gates of Deer Grove Apartment Homes | Two Bedroom- 875 sqft | 2BR,1BA | $2.10 |
| HIGHPOINT Barrington | 1 Bed 1 Bath | 1BR,1BA | $2.31 |
| 158 S Clyde Ave, Unit 1 | 158 S Clyde Ave | 1BR,1BA | $1.69 |
| 21 Kristin | 1x1R - (Renovated) | 1BR,1BA | $2.25 |
| Albion on Northwest | Oak (Ah) 1 Bedroom Apartment | 1BR,1BA | $2.37 |
| 502 W Main St, Unit 502 W Main Street - 1st Floor | 502 W Main St | 1BR,1BA | $2.14 |
| Remington Place Apartments | Azalea Deluxe | 1BR,1BA | $2.81 |
| Element at Veridian | S2 | Studio ,1BA | $2.91 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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
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 $1,350 to $5,800. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inverness ranging from $1,495 to $4,500.
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 $1,495 to $4,500 with an average monthly rent of $3,025.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.