Cheap Apartments for Rent in Libertyville, IL from $700 (17 Rentals)

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

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.

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Moraine East Apartments
1 to 3 Bedroom Apartments

Moraine East Apartments

820 N Milwaukee AveLibertyville, IL 60048
  • Utilities Included
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Liberty Terrace
2 to 3 Bedroom Apartments

Liberty Terrace

232 E Church StLibertyville, IL 60048
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Eleven9 Rockland
2 Bedroom Apartments

Eleven9 Rockland

119 W Rockland RdLibertyville, IL 60048

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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

1355 W Maple AveMundelein, IL 60060
Senior Living
  • Utilities Included
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Orchard Apartments
1 to 3 Bedroom Apartments

Orchard Apartments

900 E Orchard StMundelein, IL 60060
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Embassy Apartments
1 to 2 Bedroom Apartments

Embassy Apartments

40 S Shaddle AveMundelein, IL 60060
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Coves of Mundelein
1 to 2 Bedroom Apartments

Coves of Mundelein

728 Diamond Lake RdMundelein, IL 60060
  • Utilities Included

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 07/07/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Libertyville$3,612$1,0008
Bushs Corners$3,745$1,00048
Interlaken$3,745$1,00046

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a 2 Beds unit found at Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood priced from $1,500. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,795. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1BA$1,795
Everleigh Vernon Hills 55+ Active Adult ApartmentsA31BR,1BA$1,950
Station 250The Highland1BR,1BA$2,000
The Domaine at Hawthorn RowA06Studio,1BA$2,064

Best Value Apartments for Rent in Libertyville, IL

As of July 07, 2025 the best value apartment in the Libertyville 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 Libertyville apartment is the 2 Bedroom Platinum FP Model at Grays Pointe Apartments starting at $1,500 with a $1.56 price per square foot in the Wildwood on Gages Lake neighborhood. Here is today’s list of the best values for Libertyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven5 Lake3 Bedroom / 2 Bathroom3BR,2BA$2.20
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Cardinal Square - Building D2CSD2 - x08 Tier1BR,1BA$2.40
Station 250The Countryside1BR,1BA$2.79
The Domaine at Hawthorn RowA06Studio ,1BA$3.36
Everleigh Vernon Hills 55+ Active Adult ApartmentsA11BR,1BA$3.54
328 N Milwaukee Ave, Unit C328 N Milwaukee AveStudio ,1BA$2.22

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

Explore Libertyville, IL Rentals by Map

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Getting Around Libertyville, IL

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Libertyville Apartments

How much is rent for a Cheap One Bedroom Libertyville Apartment?

The lowest price for a Cheap One Bedroom Libertyville Apartment is $1,950 at Everleigh Vernon Hills 55+ Active Adult Apartments.

What is the lowest price for a Cheap Two Bedroom Libertyville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Libertyville is starting from $1,500 at Grays Pointe Apartments.

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.

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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.

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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.

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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.

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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.