Cheap Apartments for Rent in Knollwood, IL from $800 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
The Chateau Royale
$1,285 - $1,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,285 - $1,565
Total Monthly Price
$1,285 - $1,565
1 to 2 Bedroom Apartments Available Apr 8, 2027

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.

Read Article

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.

Read Article

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
close
View Me
Little Fort Apartments
Studio to 1 Bedroom Apartments

Little Fort Apartments

520 N Genesee StWaukegan, IL 60085
  • Utilities Included
close
View Me
215 E Park Ave
1 to 2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
  • 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.

Read Article
Showing Results 1-44, 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
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1,513
Cardinal Square - Building D2CSD2 - x10 TierStudio,1BA$1,795
Woodlake ApartmentsBalmoral1BR,1BA$1,797

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of May 19, 2026 the best value apartment in the Knollwood area is the $0.84 price per square foot 13744 Rockland Rd Model at 13744 Rockland Rd, Unit Apt in the in the Downtown Lake Forest neighborhood starting from $1,600. The second greatest value Knollwood apartment is the 2BR/2.0BA Model at Morris Station starting at $2,422 with a $1.78 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.
13744 Rockland Rd, Unit Apt13744 Rockland Rd2BR,1BA$0.84
Morris Station2BR/2.0BA2BR,2BA$1.78
Northline ApartmentsWaiting List2BR,2BA$1.52
10 N Sheridan Rd.2BR/1.0BA2BR,1BA$1.90
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.73
Kings Court Apartments1 bd1BR,1BA$1.44
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Madison West Apartment1 BR / 1 BA1BR,1BA$1.67
Heritage Green1BR/1BA1BR,1BA$1.67
Briarwood Apartments1BR/1BA1BR,1BA$1.72

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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 Map
Knollwood, IL Apartments Map
View Map
Knollwood, 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 Cardinal Square - Building D2 listed at $1,795.

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 705 S Milwaukee Ave and starts from $2,400.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.