Cheap Apartments for Rent in Knollwood, IL from $800 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
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.

Read Article
close
View Me
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.

Read Article
Showing Results 1-33, Page 1 of 1

Knollwood, IL Local Guide

Cheapest Available Knollwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Knollwood, IL is a Studio unit found at Madison West Apartment in the Waukegan Downtown neighborhood priced from $1,000. 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
Madison West ApartmentStudioStudio,1BA$1,000
Heritage Green1BR/1BA1BR,1BA$1,150
Kings Court Apartments1 bd1BR,1BA$1,150
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,457
Cardinal Square - Building CStudio, 1 BathStudio,1BA$1,680
Gurnee Glen ApartmentsOne Bedroom-11BR,1BA$1,746
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1BA$1,795
Deer Valley ApartmentsTwo Bedroom2BR,2BA$1,949
Everleigh Vernon Hills 55+ Active Adult ApartmentsA31BR,1BA$1,950
The Domaine at Hawthorn RowA06Studio,1BA$2,034

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of June 29, 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 Two BR Premium Renovation Model at Deer Valley Apartments starting at $2,467 with a $2.35 price per square foot in the Village of Lake Bluff 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
Deer Valley ApartmentsTwo BR Premium Renovation2BR,2BA$2.35
The MilTon Luxury ApartmentsB12BR,1BA$2.47
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Cardinal Square - Building D2CSD2 - x08 Tier1BR,1BA$2.40
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green1BR/1BA1BR,1BA$1.53
Gurnee Glen ApartmentsOne Bedroom-3A1BR,1BA$2.36
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$2.14
Madison West ApartmentStudioStudio ,1BA$2.22

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Knollwood, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Knollwood, IL

View MapKnollwood, IL Apartments MapView MapKnollwood, IL Rental Homes Map

Frequently Asked Questions about Cheap Knollwood Apartments

What is the Cheapest Studio apartment in Knollwood?

Currently the most affordable Cheap Studio Apartment in Knollwood is at Madison West Apartment listed at $1,000.

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

The lowest price for a Cheap One Bedroom Knollwood Apartment is $1,100 at Madison West Apartment.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.