Cheap Apartments for Rent in Lake Bluff, IL from $1,100 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Bluff.

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615 Sheridan Rd
Studio to 1 Bedroom Apartments

615 Sheridan Rd

615 Sheridan RdLake Bluff, IL 60044
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525 W Washington Ave
Studio to 2 Bedroom Apartments

525 W Washington Ave

525 W Washington AveLake Bluff, IL 60044

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.

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1435 Hervey Ave
2 Bedroom Apartments

1435 Hervey Ave

1435 Hervey AveNorth Chicago, IL 60064
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723 N McKinley Rd
3 Bedroom Apartments

723 N McKinley Rd

723 N McKinley RdLake Forest, IL 60045
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2417 Sherman Ave
1 to 2 Bedroom Apartments

2417 Sherman Ave

2417 Sherman AveAbbott Park, IL 60064
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105 E Laurel Ave
Studio Apartments

105 E Laurel Ave

105 E Laurel AveLake Forest, IL 60045
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2300 Barrett Ct
1 to 4 Bedroom Apartments

2300 Barrett Ct

2300 Barrett CtNorth Chicago, IL 60064
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927-941 Broadway Ave
Studio to 2 Bedroom Apartments

927-941 Broadway Ave

927-941 Broadway AveNorth Chicago, IL 60064

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.

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Sheridan Apartments
Studio to 1 Bedroom Apartments

Sheridan Apartments

1610 Sheridan RdNorth Chicago, IL 60064
  • Utilities Included
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704 Cherry Ave
Studio Apartments

704 Cherry Ave

704 Cherry AveLake Forest, IL 60045
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2413 Sherman Ave
1 to 2 Bedroom Apartments

2413 Sherman Ave

2413 Sherman AveAbbott Park, IL 60064
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269 E Woodland Rd
Studio Apartments

269 E Woodland Rd

269 E Woodland RdLake Forest, IL 60045
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1548 Kristan Ave
1 Bedroom Apartments

1548 Kristan Ave

1548 Kristan AveNorth Chicago, IL 60064
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1911 Sherman Ave
2 to 3 Bedroom Apartments

1911 Sherman Ave

1911 Sherman AveNorth Chicago, IL 60064
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2400 24th Pl
1 to 2 Bedroom Apartments

2400 24th Pl

2400 24th PlNorth Chicago, IL 60064

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.

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Prairie View Apartments
1 to 3 Bedroom Apartments

Prairie View Apartments

1 Prairie View CtNorth Chicago, IL 60064
  • Utilities Included
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1123 Broadway Ave
1 to 2 Bedroom Apartments

1123 Broadway Ave

1123 Broadway AveNorth Chicago, IL 60064
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1111 Broadway Ave
1 to 2 Bedroom Apartments

1111 Broadway Ave

1111 Broadway AveNorth Chicago, IL 60064
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1117 Broadway Ave
1 to 2 Bedroom Apartments

1117 Broadway Ave

1117 Broadway AveNorth Chicago, IL 60064
Senior Living

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.

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1635 Hervey Ave
1 Bedroom Apartments

1635 Hervey Ave

1635 Hervey AveNorth Chicago, IL 60064
  • Utilities Included

Lake Bluff, IL Local Guide

Cheapest Neighborhoods for Apartments in Lake Bluff, IL

Pricing Updated: 08/02/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Village of Lake Bluff$2,325$1,5153

Cheapest Available Lake Bluff Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Deer Valley ApartmentsOne Bedroom1BR,1BA$2,060
Forest Pointe ApartmentsB12BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Forest Pointe ApartmentsB12BR,2BA$2.68
Deer Valley ApartmentsOne Bedroom1BR,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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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.

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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.

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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.