Cheap Homes for Rent in Libertyville, IL from $1,200 (17 Rentals)

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property at 723 S Lake St

723 S Lake St

MundeleinIL60060
Showing Results 1-17, Page 1 of 1

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 11/16/2025

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
Bushs Corners$3,425$1,35026
Downtown Libertyville$8,500$1,55014

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a Studio unit found at Woodlands Apartment Homes in the South Vernon Hills neighborhood priced from $1,225. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodlands Apartment Homes0BR/1.0BAStudio,1BA$1,225
Heritage Green Apartments1 BR/1BA1BR,1BA$1,245
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Moore Court Apartments1BR/1BA DEN1BR,1BA$1,375
NorthEnd Apartments1X11BR,1BA$1,495

Best Value Apartments for Rent in Libertyville, IL

As of November 16, 2025 the best value apartment in the Libertyville area is the $2.43 price per square foot 511 Broadway Model at 511 Broadway, Unit TH in the in the Downtown Libertyville neighborhood starting from $4,000. The second greatest value 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 Libertyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 Broadway, Unit TH511 Broadway3BR,2.5BA$2.43
Eleven5 Lake2 Bedroom / 2 Bathroom2BR,2BA$2.38
NorthEnd Apartments3X1.53BR,1.5BA$2.21
866 N Milwaukee Ave, Unit 1A866 N Milwaukee Ave2BR,1BA$1.45
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Cardinal Square - Building D2CSD2 - x18 Tier1BR,1BA$2.28
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.26
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
Heritage Green Apartments1 BR/1BA1BR,1BA$1.66
Morris Station1BR/1.0BA1BR,1BA$2.40

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Libertyville, IL

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Libertyville

What type of rentals are currently available in Libertyville?

There are currently 90 Apartments for Rent in Libertyville, IL with pricing that ranges from $1,225 to $16,077. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,200 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 $1,200 to $8,500 with an average monthly rent of $3,300.

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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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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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.