Cheap Homes for Rent in Downtown Libertyville Neighborhood of Libertyville, IL from $1,700 (3 Rentals)

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

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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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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Downtown Libertyville, Libertyville, IL Local Guide

Best Value Apartments for Rent in Downtown Libertyville, IL

As of January 07, 2026 the best value apartment in the Downtown Libertyville area is the $2.19 price per square foot 2 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Downtown Libertyville neighborhood starting from $2,900. The second greatest value Downtown Libertyville apartment is the Urban Loft Model at Northline Apartments starting at $3,250 with a $2.49 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.
Eleven5 Lake2 Bedroom / 2 Bathroom2BR,2BA$2.19
Northline ApartmentsUrban Loft2BR,2BA$2.49
NorthEnd Apartments3X1.53BR,1.5BA$1.91
432 N Milwaukee Ave, Unit C432 N Milwaukee Ave1BR,1BA$1.40
705 S Milwaukee Ave2 Bedroom- 2 Bath2BR,2BA$2.15
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.12
Heritage Green Apartments1 BR/1BA1BR,1BA$1.70
Cardinal Square - Building D2CSD2 - x12 TierStudio ,1BA$2.56
Springs at MundeleinStudio Grand CourtyardStudio ,1BA$3.19
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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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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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

3.5
Pet Friendly

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Best Local Schools in
Downtown Libertyville, Libertyville, IL

School data provided by Great Schools

Frequently Asked Questions about Downtown Libertyville

What type of rentals are currently available in Downtown Libertyville?

There are currently 52 Apartments for Rent in Downtown Libertyville, IL with pricing that ranges from $1,242 to $4,395. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Libertyville ranging from $1,750 to $8,500.

What is the current price range for Rental Homes in Downtown Libertyville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Libertyville ranges from $1,750 to $8,500 with an average monthly rent of $4,059.

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

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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.

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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.

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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!