Cheap Apartments for Rent in the Downtown Libertyville Neighborhood of Libertyville, IL from $900 (11 Rentals)

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

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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

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.

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Eleven9 Rockland
2 Bedroom Apartments

Eleven9 Rockland

119 W Rockland RdLibertyville, IL 60048
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Orchard Apartments
1 to 3 Bedroom Apartments

Orchard Apartments

900 E Orchard StMundelein, IL 60060
  • Utilities Included

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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Embassy Apartments
Studio to 2 Bedroom Apartments

Embassy Apartments

40 S Shaddle AveMundelein, IL 60060

Downtown Libertyville, Libertyville, IL Local Guide

Cheapest Available Downtown Libertyville Apartments for Rent

 

The cheapest available apartment rental in the Downtown Libertyville area of Libertyville, IL is a Studio unit found at Woodlands Apartment Homes priced from $1,225. Heritage Green Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Downtown Libertyville apartments for rent in Libertyville, IL:

Apartment ListingModel NameBed/BathPriced From
Woodlands Apartment Homes0BR/1.0BAStudio,1BA$1,225
Heritage Green Apartments1 BR/1BA1BR,1BA$1,245
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
NorthEnd Apartments1X11BR,1BA$1,495
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,880

Best Value Apartments for Rent in Downtown Libertyville, IL

As of November 27, 2025 the best value apartment in the Downtown Libertyville area is the $2.43 price per square foot 511 Broadway Model at 511 Broadway, Unit TH in the in the Downtown Libertyville neighborhood starting from $4,000. The second greatest value Downtown Libertyville apartment is the 2 Bedroom / 2 Bathroom Model at Eleven5 Lake starting at $3,145 with a $2.38 price per square foot in the Downtown Libertyville neighborhood. Here is today’s list of the best values for Downtown Libertyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 Broadway, Unit TH511 Broadway3BR,2.5BA$2.43
Eleven5 Lake2 Bedroom / 2 Bathroom2BR,2BA$2.38
Northline ApartmentsUrban Loft2BR,2BA$2.49
NorthEnd Apartments3X1.53BR,1.5BA$2.21
866 N Milwaukee Ave, Unit 1A866 N Milwaukee Ave2BR,1BA$1.45
Cardinal Square - Building D2CSD2 - x18 Tier1BR,1BA$2.28
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.26
Heritage Green Apartments1 BR/1BA1BR,1BA$1.66
Springs at MundeleinStudio Grand CourtyardStudio ,1BA$4.38
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio ,1BA$3.68

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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The 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.

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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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Pet Friendly Lifestyle
Downtown Libertyville, Libertyville, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Libertyville Apartments

What is the Cheapest Studio apartment in Downtown Libertyville?

Currently the most affordable Cheap Studio Apartment in Downtown Libertyville is at Lakeside Village Apartments listed at $1,250.

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

The lowest price for a Cheap One Bedroom Downtown Libertyville Apartment is $1,245 at Heritage Green Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Libertyville is starting from $1,795 at Lakeside Village Apartments.

What is the most affordable Downtown Libertyville Three Bedroom Apartment?

The best deal on a cheap Downtown Libertyville Three Bedroom Apartment rental is at NorthEnd Apartments and starts from $2,650.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.