Cheap Apartments for Rent in Knollwood, IL from $800 (45 Rentals)

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

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Eleven 5 Lake
$931 - $4,527
Total Monthly Price

Total Monthly Price

Base Rent
$931 - $4,527
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Jun 7

Eleven 5 Lake

115 Lake StLibertyville, IL 60048
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Imperial Tower Apartments
$1,096 - $2,312
Total Monthly Price

Total Monthly Price

Base Rent
$1,058 - $2,274
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Imperial Tower Apartments

805 Baldwin AveWaukegan, IL 60085
Corporate Housing
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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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The Chateau Royale
$1,520 - $1,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,520 - $1,565
Total Monthly Price
$1,520 - $1,565
2 Bedroom Apartments Available Apr 25

The Chateau Royale

625 S Dilger AveWaukegan, IL 60085
Family Friendly
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  • Utilities Included

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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Woodlake Apartments
Rent Specials
$1,741 - $2,597
Total Monthly Price

Total Monthly Price

Base Rent
$1,662 - $2,518
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Woodlake Apartments

101 Woodlake BlvdGurnee, IL 60031
Corporate Housing
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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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Springs at Mundelein
Rent Specials
$1,831 - $3,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,687 - $3,706
Required Monthly Fees
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Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Springs at Mundelein

1100 Huntington DrMundelein, IL 60060
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Gurnee Glen Apartments
Rent Specials
$1,894 - $2,296
Total Monthly Price

Total Monthly Price

Base Rent
$1,744 - $2,146
Required Monthly Fees
$150
Total Monthly Price
$1,894 - $2,296
1 to 2 Bedroom Apartments Available Now

Gurnee Glen Apartments

1 Woodlake BlvdGurnee, IL 60031
Family Friendly
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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included
property at 3325 Beacon St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

3325 Beacon St

North ChicagoIL60064

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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Cardinal Square
Studio to 3 Bedroom Apartments

Cardinal Square

300 Anthony AveMundelein, IL 60060
Corporate Housing
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215 E Park Ave
1 to 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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Showing Results 1-45, 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 1 Bed unit found at Kings Court Apartments in the Norshore Park neighborhood priced from $1,150. Briarwood Apartments in the Pleasant Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. 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
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Madison West Apartment1 BR / 1 BA1BR,1BA$1,250
Heritage Green1BR/1BA1BR,1BA$1,250
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,250
Terrace Oaks Apartments1 Bedroom1BR,1BA$1,325
Imperial Tower ApartmentsThe Grand1BR,1BA$1,373
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,455

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of April 04, 2026 the best value apartment in the Knollwood area is the $1.83 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,482. The second greatest value Knollwood apartment is the B2 Model at Forest Pointe Apartments starting at $1,920 with a $1.90 price per square foot in the Downtown Lake Forest 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.
Morris Station2BR/2.0BA2BR,2BA$1.83
Forest Pointe ApartmentsB22BR,2BA$1.90
Landings at Amhurst LakeHarlequin2BR,2BA$1.89
Imperial Tower ApartmentsThe Imperial1BR,1BA$1.62
NorthEnd Apartments1X11BR,1BA$1.88
Kings Court Apartments1 bd1BR,1BA$1.44
Madison West Apartment1 BR / 1 BA1BR,1BA$1.67
Heritage Green1BR/1BA1BR,1BA$1.67
Terrace Oaks Apartments1 Bedroom1BR,1BA$1.89
Briarwood Apartments1BR/1BA1BR,1BA$1.72

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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

Explore Knollwood, IL Rentals by Map

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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 Lakeside Village Apartments listed at $1,250.

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 Springs at Mundelein and starts from $3,515.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.