
Cheap Homes for Rent in Downtown Libertyville Neighborhood of Libertyville, IL from $1,900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Libertyville area of Libertyville.

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.

152 E Winchester Rd
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.

1479 N Milwaukee Ave
Downtown Libertyville, Libertyville, IL Local Guide

How much does it cost to rent a home in Downtown Libertyville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Libertyville 2 Bedroom Homes for Rent | $2,181 | $1,975 | $2,600 |
Downtown Libertyville 3 Bedroom Homes for Rent | $3,870 | $2,350 | $5,000 |
Downtown Libertyville 4 Bedroom Homes for Rent | $6,150 | $3,800 | $8,500 |
Downtown Libertyville 5 Bedroom Homes for Rent | $3,450 | $3,350 | $3,550 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown Libertyville Neighborhood of Libertyville, IL.
Explore Libertyville
Downtown Libertyville, Libertyville, IL Local Guide
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Best Value Apartments for Rent in Downtown Libertyville, IL
As of September 20, 2025 the best value apartment in the Downtown Libertyville area is the $1.28 price per square foot 125 W Park Ave Model at 125 W Park Ave, Unit 2 in the in the Central Vernon Hills neighborhood starting from $2,295. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
125 W Park Ave, Unit 2 | 125 W Park Ave | 3BR,2BA | $1.28 |
Eleven5 Lake | 2 Bedroom / 2 Bathroom | 2BR,2BA | $2.38 |
Northline Apartments | Urban Loft | 2BR,2BA | $2.49 |
NorthEnd Apartments | 1X1 | 1BR,1BA | $1.83 |
Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.86 |
Cook Apartments at Libertyville | A1 | 1BR,1BA | $2.50 |
Springs at Mundelein | Studio Grand Courtyard | Studio ,1BA | $3.21 |
Lakeside Village Apartments | 0 BED / 1.0 BATH, 343 SQ FT - RENOVATED | Studio ,1BA | $3.64 |
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.
Pet Friendly LifestyleDowntown Libertyville, Libertyville, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Downtown Libertyville, Libertyville, IL
Rockland Elementary School
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 51 Apartments for Rent in Downtown Libertyville, IL with pricing that ranges from $1,195 to $4,395. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Libertyville ranging from $1,975 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 $1,975 to $8,500 with an average monthly rent of $3,550.
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.

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

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.