Cheap Apartments for Rent in Knollwood, IL from $700 (32 Rentals)

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

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Imperial Tower Apartments
$1,062 - $2,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,026 - $1,991
Required Monthly Fees
$36
Total Monthly Price
$1,062 - $2,027
Studio to 2 Bedroom Apartments Available Now

Imperial Tower Apartments

805 Baldwin AveWaukegan, IL 60085
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Chateau Royale
$1,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,245
Total Monthly Price
$1,245
1 Bedroom Apartments Available Apr 4

The Chateau Royale

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

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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Cook Apartments at Libertyville
$1,450 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $2,115
Required Monthly Fees
$85
Total Monthly Price
$1,450 - $2,200
Studio to 2 Bedroom Apartments Contact Us For Availability

Cook Apartments at Libertyville

201 E Cook AveLibertyville, IL 60048
Luxury
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  • Customer Reviewed
  • Smoke Free

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
$1,667 - $2,548
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $2,471
Required Monthly Fees
$77
Total Monthly Price
$1,667 - $2,548
1 to 2 Bedroom Apartments Available Now

Woodlake Apartments

101 Woodlake BlvdGurnee, IL 60031
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included

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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215 E Park Ave
1 to 2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
  • 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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Showing Results 1-32, 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 2 Beds unit found at Brookside Knoll in the Pleasant Hill neighborhood priced from $975. Imperial Tower Apartments in the Norshore Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,062. Here is today’s list of the most affordable Knollwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brookside KnollTwo Bedroom2BR,1BA$975
Imperial Tower ApartmentsThe MichiganStudio,1BA$1,062
Kings Court Apartments1 bd1BR,1BA$1,150
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Heritage Green1BR/1BA1BR,1BA$1,250
Heritage Green Apartments1 BR/1BA1BR,1BA$1,275
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$1,377
10 N Sheridan Rd.1BR/1.0BA1BR,1BA$1,400
Terrace Oaks Apartments1 Bedroom1BR,1BA$1,450
Lakeside Village Apartments1 BED / 1.0 BATH, 760 SQ FT - RENOVATED1BR,1BA$1,535

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of February 17, 2026 the best value apartment in the Knollwood area is the $2.00 price per square foot 3 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Downtown Libertyville neighborhood starting from $3,400. The second greatest value Knollwood apartment is the 2BR/1.0BA Model at Morris Station starting at $2,215 with a $2.11 price per square foot in the Central Vernon Hills 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$2.00
Morris Station2BR/1.0BA2BR,1BA$2.11
Brookside KnollTwo Bedroom2BR,1BA$1.14
Kings Court Apartments1 bd1BR,1BA$1.44
Lakeside Village Apartments1 BED / 1.0 BATH, 760 SQ FT - RENOVATED1BR,1BA$2.02
Heritage Green1BR/1BA1BR,1BA$1.67
Heritage Green Apartments1 BR/1BA1BR,1BA$1.70
Terrace Oaks Apartments1 Bedroom1BR,1BA$2.07
Briarwood Apartments1BR/1BA1BR,1BA$1.72
The Lakes at Fountain Square Apartment HomesMichigan1BR,1BA$2.03

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!

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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 Imperial Tower Apartments listed at $1,062.

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 $975 at Brookside Knoll.

What is the most affordable Knollwood Three Bedroom Apartment?

The best deal on a cheap Knollwood Three Bedroom Apartment rental is at Brookside Knoll and starts from $1,012.

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.