20 Echo Ct
Vernon HillsIL60061
Cheap Homes for Rent in Libertyville, IL from $1,800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Libertyville.
2 Timber Ln
Vernon HillsIL60061
1251 Bradwell Ln
MundeleinIL60060
711 S Milwaukee Ave
LibertyvilleIL60048
6 Parkside Ct
Vernon HillsIL60061
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1005 Cleveland Ct
Vernon HillsIL60061
8 Echo Ct
Vernon HillsIL60061
533 Bobby Ln
MundeleinIL60060
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$2,189Studio Apartments Available Now
Furnished Studio-Chicago - Vernon Hills - Lake Forest
215 N Milwaukee AveVernon Hills, IL 60061
728 N Diamond Lake Rd
MundeleinIL60060
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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Libertyville, IL Local Guide
How much does it cost to rent a home in Libertyville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Libertyville 2 Bedroom Homes for Rent | $2,231 | $1,850 | $3,100 |
| Libertyville 3 Bedroom Homes for Rent | $2,874 | $2,250 | $3,750 |
| Libertyville 4 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
| Libertyville 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Libertyville
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Libertyville, IL Local Guide
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Cheapest Neighborhoods for Apartments in Libertyville, IL
Pricing Updated: 05/24/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Libertyville | $2,500 | $2,000 | 3 |
| Bushs Corners | $4,200 | $2,000 | 6 |
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 $1,445. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here is today’s list of the most affordable Libertyville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Grays Pointe Apartments | 2 Bedroom Standard | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in Libertyville, IL
As of May 24, 2026 the best value apartment in the Libertyville area is the $0.84 price per square foot 13744 Rockland Rd Model at 13744 Rockland Rd, Unit Apt in the in the Downtown Lake Forest neighborhood starting from $1,600. The second greatest value Libertyville apartment is the 2BR/2.0BA Model at Morris Station starting at $2,422 with a $1.78 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 13744 Rockland Rd, Unit Apt | 13744 Rockland Rd | 2BR,1BA | $0.84 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.78 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| The Majestic Luxury Apartments | B3 | 2BR,2BA | $2.68 |
| 705 S Milwaukee Ave | 2 Bedroom- 2 Bath | 2BR,2BA | $2.05 |
| Grays Pointe Apartments | 2 Bedroom Platinum | 2BR,1.5BA | $1.56 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $2.26 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $2.09 |
| Cardinal Square - Building D2 | CSD2 - x10 Tier | Studio ,1BA | $2.56 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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Best Local Schools in Libertyville, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Libertyville, IL
Frequently Asked Questions about Libertyville
What type of rentals are currently available in Libertyville?
There are currently 91 Apartments for Rent in Libertyville, IL with pricing that ranges from $1,242 to $9,736. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,800 to $4,200.
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 $4,200 with an average monthly rent of $3,041.
How much are larger Three and Four Bedroom Rentals in Libertyville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Libertyville range from $2,400 to $8,912, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $3,750. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,750.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.