Cheap Homes for Rent in Libertyville, IL from $1,900 (29 Rentals)

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property at 2 Parkside Ct

2 Parkside Ct, Unit 9

2 Parkside Ct
Vernon HillsIL60061

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.

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.

property at 452 Harrison Ct

452 Harrison Ct

Vernon HillsIL60061
property at 466 Buchanan Ct

466 Buchanan Ct

Vernon HillsIL60061

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 07/12/2025

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$1,00043
Interlaken$3,745$1,00041

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a 1 Bed unit found at Heritage Green Apartments in the Central Vernon Hills neighborhood priced from $1,375. Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Green Apartments1 BR/1BA1BR,1BA$1,375
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 RowA01Studio,1BA$2,049
Cardinal Square - Building D2CSD2 - x08 Tier1BR,1BA$2,080
The MilTon Luxury ApartmentsC13BR,2BA$3,054
The Atworth at Mellody FarmC3C2BR,2BA$3,110

Best Value Apartments for Rent in Libertyville, IL

As of July 12, 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 C1 Model at The MilTon Luxury Apartments starting at $3,054 with a $2.18 price per square foot in the South Vernon Hills 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
The MilTon Luxury ApartmentsC13BR,2BA$2.18
The Atworth at Mellody FarmC3C2BR,2BA$2.72
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
Heritage Green Apartments1 BR/1BA1BR,1BA$1.83
Station 250The Countryside1BR,1BA$2.80
The Domaine at Hawthorn RowA01Studio ,1BA$3.43
328 N Milwaukee Ave, Unit C328 N Milwaukee AveStudio ,1BA$2.22

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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Frequently Asked Questions about Libertyville

What type of rentals are currently available in Libertyville?

There are currently 89 Apartments for Rent in Libertyville, IL with pricing that ranges from $1,000 to $16,077. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,900 to $8,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Libertyville ranges from $1,900 to $8,500 with an average monthly rent of $3,650.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.