Cheap Homes for Rent in Libertyville, IL from $1,400 (20 Rentals)

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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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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.

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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.

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Showing Results 1-20, Page 1 of 1

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 01/02/2026

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$3,701$1,24261
Bushs Corners$3,945$1,24228

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,250. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Heritage Green Apartments1 BR/1BA1BR,1BA$1,275
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Moore Court Apartments2BR/1BA2BR,1BA$1,565
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,765

Best Value Apartments for Rent in Libertyville, IL

As of January 03, 2026 the best value apartment in the Libertyville area is the $1.06 price per square foot 140 Broadway Model at 140 Broadway, Unit 2 in the in the Downtown Libertyville neighborhood starting from $1,900. The second greatest value Libertyville apartment is the 2BR/2.0BA Model at Morris Station starting at $2,395 with a $1.83 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.
140 Broadway, Unit 2140 Broadway2BR,1BA$1.06
Morris Station2BR/2.0BA2BR,2BA$1.83
NorthEnd Apartments3X1.53BR,1.5BA$1.91
432 N Milwaukee Ave, Unit C432 N Milwaukee Ave1BR,1BA$1.40
Moore Court Apartments2BR/1BA2BR,1BA$1.58
705 S Milwaukee Ave2 Bedroom- 2 Bath2BR,2BA$2.15
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
660 Oriole Ct, Unit 1A660 Oriole Ct2BR,1BA$1.78
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.12
Heritage Green Apartments1 BR/1BA1BR,1BA$1.70

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Best Local Schools in
Libertyville, IL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Libertyville, IL Rentals by Map

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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 $1,242 to $16,077. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,400 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 $1,400 to $8,500 with an average monthly rent of $2,931.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!