
Cheap Apartments for Rent in Lake Bluff, IL from $1,100 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Bluff.


Terrace Oaks Apartments

The Oaks of Lake Bluff

Forest Pointe Apartments

615 Sheridan Rd

29123 N Waukegan Rd

525 W Washington Ave
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.

1435 Hervey Ave

723 N McKinley Rd

The Woodlands on Green Bay

2417 Sherman Ave

105 E Laurel Ave

2300 Barrett Ct

927-941 Broadway Ave
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.

Sheridan Apartments

704 Cherry Ave

2413 Sherman Ave

269 E Woodland Rd

1548 Kristan Ave

1911 Sherman Ave

2400 24th Pl
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Great Lakes Family Housing

Apartment Homes at Kelmscott Park

Sheridan Multi-Family Complex

Prairie View Apartments

1123 Broadway Ave

1111 Broadway Ave

1117 Broadway Ave
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.

1635 Hervey Ave

Lake Forest Place Senior Apartments
Lake Bluff, IL Local Guide

How much does it cost to rent an apartment in Lake Bluff?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Bluff 1 Bedroom Apartments | $1,999 | $1,515 | $2,325 |
| Cheap Lake Bluff 2 Bedroom Apartments | $2,418 | $1,650 | $2,677 |
Browse Top Apartments in Lake Bluff
See all Apartments in Lake BluffExplore Lake Bluff
Lake Bluff, IL Local Guide
- Lake Bluff Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lake Bluff, IL
Pricing Updated: 08/02/2026Current apartment rentals in the Lake Bluff, IL area range in price from $1,515 to $2,677 with an overall median price of $2,325. Here is today’s list neighborhoods with the lowest median pricing for Lake Bluff Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Village of Lake Bluff | $2,325 | $1,515 | 3 |
Cheapest Available Lake Bluff Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2,060 |
| Forest Pointe Apartments | B1 | 2BR,2BA | $2,623 |
Best Value Apartments for Rent in Lake Bluff, IL
As of August 02, 2026 the best value apartment in the Lake Bluff area is the $2.68 price per square foot B1 Model at Forest Pointe Apartments in the in the Downtown Lake Forest neighborhood starting from $2,623. The second greatest value Lake Bluff apartment is the One Bedroom Model at Deer Valley Apartments starting at $2,060 with a $2.84 price per square foot in the North Center neighborhood. Here is today’s list of the best values for Lake Bluff apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Forest Pointe Apartments | B1 | 2BR,2BA | $2.68 |
| Deer Valley Apartments | One Bedroom | 1BR,1BA | $2.84 |
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 ArticleReal 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 ArticleQuick 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 Lake Bluff, IL Rentals by Map
See the most popular apartments and homes in Lake Bluff, IL
Frequently Asked Questions about Cheap Lake Bluff Apartments
What is the lowest price for a Cheap Two Bedroom Lake Bluff Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Bluff is starting from $2,620 at Deer Valley Apartments.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.