Cheap Homes for Rent in Inverness, IL from $1,600 (24 Rentals)

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property at 1 Renaissance Pl

$1,650 - $2,300

1 To 2 Bedroom Rentals

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1 Renaissance Pl

PalatineIL60067

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.

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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.

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Cash 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.

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Showing Results 1-24, 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 Albion on Northwest in the Cherrybrook Village neighborhood priced from $1,500. 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 $1,520. Here is today’s list of the most affordable Inverness apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Albion on NorthwestOak (A)1BR,1BA$1,500
The Gates of Deer Grove Apartment HomesOne Bedroom - 740 sqft1BR,1BA$1,520
21 Kristin1x1P - (Partial)1BR,1BA$1,539
The Clayson1 Bedroom1BR,1BA$1,565
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$1,635

Best Value Apartments for Rent in Inverness, IL and Nearby

As of December 22, 2025 the best value apartment in the Inverness area is the $2.25 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Barrington in the in the Far Northwest Suburban Cook neighborhood starting from $2,654. The second greatest value Inverness apartment is the 1 Bed / 2 Baths with Den Model at The Quin starting at $2,400 with a $2.33 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.
HIGHPOINT Barrington2 Bed 2 Bath2BR,2BA$2.25
The Quin1 Bed / 2 Baths with Den1BR,2BA$2.33
116 W Wood St, Unit 3 - Penthouse116 W Wood St2BR,2BA$1.90
441 N Eric Dr, Unit 3A441 N Eric Dr2BR,2BA$1.80
The Gates of Deer Grove Apartment HomesTwo Bedroom- 875 sqft2BR,1BA$2.41
21 Kristin1x1R - (Renovated)1BR,1BA$2.24
Albion on NorthwestOak (Ah)1BR,1BA$2.38
The Treehouse of Schaumburg1 Bedroom1BR,1BA$2.35
The Lakes of Schaumburg Apartment HomesOne Bedroom1BR,1BA$2.30
The Clayson1 Bedroom1BR,1BA$2.24

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,326 to $6,000. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inverness ranging from $1,600 to $3,950.

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 $1,600 to $3,950 with an average monthly rent of $2,726.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.