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$1,2421 Bedroom Apartments Contact Us For Availability
Liberty Towers
130 E Cook AveLibertyville, IL 60048
Cheap Apartments for Rent in the Downtown Libertyville Neighborhood of Libertyville, IL from $900 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Libertyville area of Libertyville.
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$1,400 - $2,400Studio to 3 Bedroom Apartments Available Now
705 S Milwaukee Ave
705 S Milwaukee AveLibertyville, IL 60048
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Rent Specials
$1,475 - $2,250Studio to 2 Bedroom Apartments Available Now
Cook Apartments at Libertyville
201 E Cook AveLibertyville, IL 60048
826 N Milwaukee Ave, Unit D2
826 N Milwaukee Ave
LibertyvilleIL60048
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$1,790 - $4,736Studio to 3 Bedroom Apartments Available Now
Eleven 5 Lake
115 Lake StLibertyville, IL 60048
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$1,810
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,810
Total Monthly Price
$1,810
601 N Milwaukee Ave, Unit C
601 N Milwaukee AveLibertyville, IL 60048
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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Rent Specials
$1,990 - $3,6002 Bedroom Apartments Available Now
Northline Apartments
911 N Milwaukee AveLibertyville, IL 60048
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1 to 3 Bedroom Apartments
Moraine East Apartments
820 N Milwaukee AveLibertyville, IL 60048
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2 to 3 Bedroom Apartments
Liberty Terrace
232 E Church StLibertyville, IL 60048
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2 Bedroom Apartments
Eleven9 Rockland
119 W Rockland RdLibertyville, IL 60048
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1 to 2 Bedroom Apartments
215 E Park Ave
215 E Park AveLibertyville, IL 60048
207 W Park Ave
LibertyvilleIL60048
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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$1,295 - $1,445Studio to 1 Bedroom Apartments Available Sep 18
Woodlands Apartment Homes
550 Deepwoods DrMundelein, IL 60060
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$1,4451 Bedroom Apartments Available Now
Heritage Green Apartments
50-60 N Shaddle AveMundelein, IL 60060
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$1,485 - $1,8251 to 2 Bedroom Apartments Available Now
Lakeside Village Apartments
255-403 Hickory StMundelein, IL 60060
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$1,882 - $3,844Studio to 3 Bedroom Apartments Available Now
Springs at Mundelein
1100 Huntington DrMundelein, IL 60060
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$2,090 - $2,1501 Bedroom Apartments Available Now
Cardinal Square - Building D2
200-250 Anthony AveMundelein, IL 60060
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1 to 3 Bedroom Apartments
Orchard Apartments
900 E Orchard StMundelein, IL 60060
Cash 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.
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Studio to 2 Bedroom Apartments
Embassy Apartments
40 S Shaddle AveMundelein, IL 60060
Showing Results 1-19, Page 1 of 1
Downtown Libertyville, Libertyville, IL Local Guide
How much does it cost to rent an apartment in Downtown Libertyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Libertyville Studio Apartments | $1,653 | $1,295 | $2,143 |
| Downtown Libertyville 1 Bedroom Apartments | $1,907 | $1,242 | $2,794 |
| Downtown Libertyville 2 Bedroom Apartments | $2,659 | $1,825 | $3,715 |
| Downtown Libertyville 3 Bedroom Apartments | $3,525 | $2,400 | $4,466 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 1 mile radius of the Downtown Libertyville Neighborhood of Libertyville, IL.
See all Apartments in LibertyvilleExplore Libertyville
Downtown Libertyville, Libertyville, IL Local Guide
- Nearby Libertyville neighborhoods
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Cheapest Available Downtown Libertyville Apartments for Rent
The cheapest available apartment rental in the Downtown Libertyville area of Libertyville, IL is a 1 Bed unit found at Heritage Green Apartments priced from $1,445. Lakeside Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here are the most affordable Downtown Libertyville apartments for rent in Libertyville, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Eleven 5 Lake | E5A | Studio,1BA | $1,790 |
| 705 S Milwaukee Ave | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,875 |
| Springs at Mundelein | Studio Grand Courtyard | Studio,1BA | $1,902 |
Best Value Apartments for Rent in Downtown Libertyville, IL
As of July 15, 2026 the best value apartment in the Downtown Libertyville area is the $1.52 price per square foot Waiting List Model at Northline Apartments in the in the Downtown Libertyville neighborhood starting from $1,990. The second greatest value Downtown Libertyville apartment is the 3 Bedroom 2 Bath Model at 705 S Milwaukee Ave starting at $1,950 with a $1.63 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Downtown Libertyville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| 705 S Milwaukee Ave | 3 Bedroom 2 Bath | 3BR,2BA | $1.63 |
| Cardinal Square - Building D2 | CSD2 - x15 Tier | 1BR,1BA | $2.40 |
| Cook Apartments at Libertyville | B1 | 2BR,1BA | $2.33 |
| Eleven 5 Lake | E5A | Studio ,1BA | $2.26 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $2.09 |
| 601 N Milwaukee Ave, Unit C | 601 N Milwaukee Ave | 1BR,1BA | $2.78 |
| Springs at Mundelein | Studio Grand Courtyard | Studio ,1BA | $3.40 |
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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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 LifestyleDowntown Libertyville, Libertyville, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Libertyville, Libertyville, IL
Rockland Elementary School
Libertyville School District 70
Public School - Grades K-5 (296)
7 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Libertyville Apartments
What is the price of a cheap apartment in Downtown Libertyville?
The cheapest apartment in Downtown Libertyville is Heritage Green Apartments which is listed at $1,445, while the average apartment in Downtown Libertyville costs $3,695.
What types of apartments are the cheapest in Downtown 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 6 regular apartments in Downtown 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 Downtown Libertyville?
Cheap apartments in Downtown Libertyville have an average cost of $333 which is $3,362 cheaper than the average rent for all rentals in Downtown 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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.