Cheap Homes for Rent in Libertyville, IL from $1,800 (15 Rentals)

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

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.

property at 2 Parkside Ct

2 Parkside Ct, Unit 9

2 Parkside Ct
Vernon HillsIL60061

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.

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 06/22/2025

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$1,19514
Bushs Corners$3,745$1,20057
Interlaken$3,745$1,24255

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a 1 Bed unit found at Moore Court Apartments priced from $1,300. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Moore Court Apartments1BR/1BA1BR,1BA$1,300
Lakeside Village Apartments1 BED / 1.0 BATH, 760 SQ FT - RENOVATED1BR,1BA$1,495
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,750
Cook Apartments at LibertyvilleA21BR,1BA$1,770

Best Value Apartments for Rent in Libertyville, IL

As of June 22, 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 2BR/2.0BA Model at Morris Station starting at $2,495 with a $1.84 price per square foot in the Central 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
Morris Station2BR/2.0BA2BR,2BA$1.84
Cardinal Square - Building D2CSD2 - x08 Tier1BR,1BA$2.40
The Atworth at Mellody FarmB1C1BR,1BA$2.74
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.30
Lakeside Village Apartments1 BED / 1.0 BATH, 760 SQ FT - RENOVATED1BR,1BA$1.97
Cook Apartments at LibertyvilleA21BR,1BA$2.44
Grays Pointe Apartments2 Bedroom Premium2BR,1BA$2.08
Station 250The Countryside1BR,1BA$2.79
Moore Court Apartments1BR/1BA1BR,1BA$1.86

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 $1,195 to $16,452. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,800 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 $1,800 to $8,500 with an average monthly rent of $3,703.

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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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.