
Cheap Homes for Rent in Knollwood, IL from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Knollwood.


555 Lorraine Ave

1915 Seymour Ave

1427 Hervey Ave

2417 Sherman Ave

1732 Sheridan Rd

3101 Ezekiel Ave

730 Judson Ave

3275 Stratford Ct, Unit Unit 1B

119 E Sunnyside Ave

152 E Winchester Rd

1701 Victoria Ave

730 E Lincoln Ave
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 | $2,308 | $1,500 | $4,100 |
Knollwood 3 Bedroom Homes for Rent | $3,050 | $1,300 | $5,400 |
Knollwood 4 Bedroom Homes for Rent | $4,491 | $2,300 | $8,500 |
Knollwood 5 Bedroom Homes for Rent | $12,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Knollwood
Explore Knollwood
Knollwood, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Kings Court Apartments | 1 bd | 1BR,1BA | $1,150 |
Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1,175 |
Lakeside Village Apartments | 0 BED / 1.0 BATH, 343 SQ FT - MID LEVEL | Studio,1BA | $1,195 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1,250 |
Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Knollwood, IL and Nearby
As of September 14, 2025 the best value apartment in the Knollwood area is the $2.38 price per square foot 2 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Downtown Libertyville neighborhood starting from $3,145. The second greatest value Knollwood apartment is the Urban Loft Model at Northline Apartments starting at $3,250 with a $2.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Eleven5 Lake | 2 Bedroom / 2 Bathroom | 2BR,2BA | $2.38 |
Northline Apartments | Urban Loft | 2BR,2BA | $2.49 |
The Oaks Of Vernon Hills | Elm | 2BR,2BA | $2.27 |
10 N Sheridan Rd. | 2BR/1.0BA | 2BR,1BA | $2.00 |
Kings Court Apartments | 1 bd | 1BR,1BA | $1.44 |
Heritage Green | 1BR/1BA | 1BR,1BA | $1.67 |
Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.86 |
Gurnee Glen Apartments | One Bedroom-1 | 1BR,1BA | $2.47 |
Briarwood Apartments | 1BR/1BA | 1BR,1BA | $1.72 |
The Lakes at Fountain Square Apartment Homes | Michigan | 1BR,1BA | $2.08 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Knollwood, IL Rentals by Map
See the most popular apartments and homes in Knollwood, IL
Frequently Asked Questions about Knollwood
What type of rentals are currently available in Knollwood?
There are currently 59 Apartments for Rent in Knollwood, IL with pricing that ranges from $985 to $16,077. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knollwood ranging from $1,200 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 $1,200 to $19,500 with an average monthly rent of $6,386.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.