Cheap Homes for Rent near Knollwood, IL from $1,395 (14 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.
By AmenitiesDone
By Community TypeDone
Done

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 13200 W Heiden Cir

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

13200 W Heiden Cir, Unit 2209

13200 W Heiden Cir
Lake BluffIL60044
property at 207 W Park Ave

$2,150

2 Bedroom Rentals

Available Now

207 W Park Ave

LibertyvilleIL60048

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 LITTLE FORT APARTMENTS LLC in the Waukegan Downtown neighborhood priced from $1,050. 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
LITTLE FORT APARTMENTS LLCLITTLE FORT APARTMENTS LLC - 4111BR,1BA$1,050
Briarwood Apartments1BR/1BA1BR,1BA$1,175
Madison West Apartments1 BR / 1 BA1BR,1BA$1,250
Kings Court Apartments1 bd1BR,1BA$1,250
Heritage Green1BR/1BA1BR,1BA$1,250

Best Value Apartments for Rent in Knollwood, IL and Nearby

As of August 23, 2026 the best value apartment in the Knollwood area is the $1.86 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,525. The second greatest value Knollwood apartment is the Waiting List Model at Northline Apartments starting at $1,990 with a $1.52 price per square foot in the Downtown Libertyville 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$1.86
Northline ApartmentsWaiting List2BR,2BA$1.52
Landings at Amhurst LakeHeron2BR,2BA$1.96
The Lakes at Fountain Square Apartment HomesOntario2BR,1BA$1.90
Kings Court Apartments1 bd1BR,1BA$1.56
Madison West Apartments1 BR / 1 BA1BR,1BA$1.67
Heritage Green1BR/1BA1BR,1BA$1.67
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09
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

View Map
Knollwood, IL Apartments Map
View Map
Knollwood, IL Rental Homes Map

Frequently Asked Questions about Knollwood

What type of rentals are currently available in Knollwood?

There are currently 62 Apartments for Rent in Knollwood, IL with pricing that ranges from $1,140 to $10,255. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knollwood ranging from $1,395 to $25,000.

What is the current price range for Rental Homes in Knollwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Knollwood ranges from $1,395 to $25,000 with an average monthly rent of $3,600.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.