
Cheap Apartments for Rent in Libertyville, IL from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Libertyville.


432 N Milwaukee Ave, Unit C

Cook Apartments at Libertyville

NorthEnd Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Lakeside Village Apartments

Heritage Green Apartments

Moore Court Apartments

Woodlands Apartment Homes

Grays Pointe Apartments
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.

2417 Sherman Ave
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.
Libertyville, IL Local Guide

How much does it cost to rent an apartment in Libertyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Libertyville Studio Apartments | $1,996 | $1,250 | $5,284 |
| Cheap Libertyville 1 Bedroom Apartments | $2,439 | $1,242 | $5,554 |
| Cheap Libertyville 2 Bedroom Apartments | $3,208 | $1,565 | $10,000+ |
| Cheap Libertyville 3 Bedroom Apartments | $4,378 | $2,495 | $10,000+ |
Browse Top Apartments in Libertyville
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Libertyville, IL Local Guide
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Cheapest Neighborhoods for Apartments in Libertyville, IL
Pricing Updated: 01/05/2026Current apartment rentals in the Libertyville, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Libertyville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Libertyville | $3,701 | $1,242 | 61 |
| Bushs Corners | $3,945 | $1,242 | 28 |
Cheapest Available Libertyville Apartments for Rent
 The cheapest available apartment rental in Libertyville, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,250. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here is today’s list of the most affordable Libertyville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakeside Village Apartments | 0 BED / 1.0 BATH, 340 SQ FT - RENOVATED | Studio,1BA | $1,250 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,275 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
| Moore Court Apartments | 2BR/1BA | 2BR,1BA | $1,565 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $1,765 |
Best Value Apartments for Rent in Libertyville, IL
As of January 05, 2026 the best value apartment in the Libertyville area is the $1.06 price per square foot 140 Broadway Model at 140 Broadway, Unit 2 in the in the Downtown Libertyville neighborhood starting from $1,900. The second greatest value Libertyville apartment is the 2BR/2.0BA Model at Morris Station starting at $2,395 with a $1.83 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Libertyville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 140 Broadway, Unit 2 | 140 Broadway | 2BR,1BA | $1.06 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.83 |
| NorthEnd Apartments | 3X1.5 | 3BR,1.5BA | $1.91 |
| 432 N Milwaukee Ave, Unit C | 432 N Milwaukee Ave | 1BR,1BA | $1.40 |
| Moore Court Apartments | 2BR/1BA | 2BR,1BA | $1.58 |
| 705 S Milwaukee Ave | 2 Bedroom- 2 Bath | 2BR,2BA | $2.15 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| 660 Oriole Ct, Unit 1A | 660 Oriole Ct | 2BR,1BA | $1.78 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $2.12 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.70 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Libertyville, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Libertyville, IL Rentals by Map
See the most popular apartments and homes in Libertyville, IL
Frequently Asked Questions about Cheap Libertyville Apartments
What is a cheap apartment in Libertyville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Libertyville is under $1,827.
What is the price of a cheap apartment in Libertyville?
The cheapest apartment in Libertyville is Heritage Green Apartments which is listed at $1,275, while the average apartment in Libertyville costs $3,823.
What types of apartments are the cheapest in Libertyville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Libertyville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Libertyville?
Cheap apartments in Libertyville have an average cost of $333 which is $3,490 cheaper than the average rent for all rentals in Libertyville.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!








