Cheap Apartments for Rent in Knollwood, IL from $800 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Knollwood.

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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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.

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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included

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.

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215 E Park Ave
2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Knollwood, IL Local Guide

Cheapest Available Knollwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knollwood, IL is a 1 Bed unit found at Kings Court Apartments in the Norshore Park neighborhood priced from $1,150. Heritage Green in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Knollwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kings Court Apartments1 bd1BR,1BA$1,150
Heritage Green1BR/1BA1BR,1BA$1,150
Heritage Green Apartments1 BR/1BA1BR,1BA$1,375
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,458
Morris Station1BR/1.0BA1BR,1BA$1,725
Gurnee Glen ApartmentsOne Bedroom-11BR,1BA$1,746
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1BA$1,795
The Domaine at Hawthorn RowA01Studio,1BA$1,899
Everleigh Vernon Hills 55+ Active Adult ApartmentsA31BR,1BA$1,950
Landings at Amhurst LakeHarlequin2BR,2BA$2,195

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of July 25, 2025 the best value apartment in the Knollwood area is the $2.20 price per square foot 3 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Downtown Libertyville neighborhood starting from $3,745. The second greatest value Knollwood apartment is the The Baldwin Model at Imperial Tower Apartments starting at $1,685 with a $1.35 price per square foot in the Norshore Park neighborhood. Here is today’s list of the best values for Knollwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven5 Lake3 Bedroom / 2 Bathroom3BR,2BA$2.20
Imperial Tower ApartmentsThe Baldwin2BR,2BA$1.35
Cardinal Square - Building D2CSD2 - x09 Tier2BR,2BA$2.14
Landings at Amhurst LakeHarlequin2BR,2BA$2.18
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.83
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green1BR/1BA1BR,1BA$1.53
Heritage Green Apartments1 BR/1BA1BR,1BA$1.83
Gurnee Glen ApartmentsOne Bedroom-3A1BR,1BA$2.36

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

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Frequently Asked Questions about Cheap Knollwood Apartments

How much is rent for a Cheap One Bedroom Knollwood Apartment?

The lowest price for a Cheap One Bedroom Knollwood Apartment is $1,150 at Kings Court Apartments.

What is the lowest price for a Cheap Two Bedroom Knollwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Knollwood is starting from $1,350 at Kings Court Apartments.

What is the most affordable Knollwood Three Bedroom Apartment?

The best deal on a cheap Knollwood Three Bedroom Apartment rental is at Eleven5 Lake and starts from $3,745.

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.

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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.

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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.

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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.