Cheap Homes for Rent near Inverness, IL from $1,400 (13 Rentals)

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

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.

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.

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 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 ListingModel NameBed/BathPriced From
The Lakes of Schaumburg Apartment Homes1 Bedroom 1 Bath 5701BR,1BA$1,555
Albion on NorthwestElm (A1) 1 Bedroom Aparment1BR,1BA$1,624
21 Kristin1x1P - (Partial)1BR,1BA$1,659
The Clayson2 Bedrooms2BR,1BA$1,797
Remington Place ApartmentsAzalea Deluxe1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Clayson2 Bedrooms2BR,1BA$1.89
The Quin1 Bed / 1 Bath1BR,1BA$2.60
The Gates of Deer Grove Apartment HomesTwo Bedroom- 875 sqft2BR,1BA$2.10
HIGHPOINT Barrington1 Bed 1 Bath1BR,1BA$2.31
158 S Clyde Ave, Unit 1158 S Clyde Ave1BR,1BA$1.69
21 Kristin1x1R - (Renovated)1BR,1BA$2.25
Albion on NorthwestOak (Ah) 1 Bedroom Apartment1BR,1BA$2.37
502 W Main St, Unit 502 W Main Street - 1st Floor502 W Main St1BR,1BA$2.14
Remington Place ApartmentsAzalea Deluxe1BR,1BA$2.81
Element at VeridianS2Studio ,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.

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Real 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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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

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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.

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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.

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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.

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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.