
Cheap Homes for Rent in Knollwood, IL from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Knollwood.


1915 Seymour Ave

2318 Washington St

1427 Hervey Ave
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.

551 S M.L.K. Jr Ave

152 E Winchester Rd

207 W Park Ave

3317 Stratford Ct
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.
Knollwood, IL Local Guide

How much does it cost to rent a home in Knollwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Knollwood 2 Bedroom Homes for Rent | $2,488 | $1,500 | $3,931 |
Knollwood 3 Bedroom Homes for Rent | $3,214 | $1,695 | $5,000 |
Knollwood 4 Bedroom Homes for Rent | $5,720 | $3,850 | $8,500 |
Knollwood 5 Bedroom Homes for Rent | $6,780 | $3,350 | $10,000+ |
Browse Top Homes for Rent in Knollwood
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Knollwood, IL Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kings Court Apartments | 1 bd | 1BR,1BA | $1,150 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1,150 |
Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Knollwood, IL and Nearby
As of July 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 Garland - Townhome Model at The Oaks Of Vernon Hills starting at $3,458 with a $2.39 price per square foot in the South Vernon Hills neighborhood. Here is today’s list of the best values for Knollwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eleven5 Lake | 3 Bedroom / 2 Bathroom | 3BR,2BA | $2.20 |
The Oaks Of Vernon Hills | Garland - Townhome | 2BR,2.5BA | $2.39 |
Cardinal Square - Building D2 | CSD2 - x09 Tier | 2BR,2BA | $2.14 |
The Atworth at Mellody Farm | C3C | 2BR,2BA | $2.83 |
Lakeside Village Apartments | 2 BED / 1.5 BATH, 920 SQ FT - RENOVATED | 2BR,1.5BA | $1.95 |
The Lakes at Fountain Square Apartment Homes | Ontario | 2BR,1BA | $1.83 |
Kings Court Apartments | 1 bd | 1BR,1BA | $1.44 |
Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.83 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1.53 |
Gurnee Glen Apartments | One Bedroom-3A | 1BR,1BA | $2.36 |
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Frequently Asked Questions about Knollwood
What type of rentals are currently available in Knollwood?
There are currently 58 Apartments for Rent in Knollwood, IL with pricing that ranges from $985 to $17,088. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knollwood ranging from $1,450 to $19,500.
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 $1,450 to $19,500 with an average monthly rent of $6,525.
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.

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.

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.

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.

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.