872 N Milwaukee Ave
LibertyvilleIL60048
Cheap Homes for Rent in Libertyville, IL from $1,300 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Libertyville.
711 S Milwaukee Ave
LibertyvilleIL60048
700 McKinley Ave, Unit 303
700 McKinley Ave
MundeleinIL60060
209 W Maple Ave
MundeleinIL60060
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$1,6001 Bedroom Apartments Available Sep 1
40 S Slusser St, Unit 42
40 S Slusser StGrayslake, IL 60030
219 Center St
GrayslakeIL60030
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
57 Washington Blvd
MundeleinIL60060
826 N Milwaukee Ave
LibertyvilleIL60048
520 N Milwaukee Ave
LibertyvilleIL60048
709 W Park Ave
LibertyvilleIL60048
555 Deepwoods Dr, Unit 2E
555 Deepwoods Dr
MundeleinIL60060
17 Parkside Ct
Vernon HillsIL60061
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
240 N Archer Ave
MundeleinIL60060
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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 | $1,750 | $3,050 |
| Libertyville 3 Bedroom Homes for Rent | $3,216 | $2,250 | $6,000 |
| Libertyville 4 Bedroom Homes for Rent | $2,990 | $2,400 | $4,000 |
| Libertyville 6 Bedroom Homes for Rent | $4,250 | $4,250 | $4,250 |
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
Explore Libertyville
Libertyville, IL Local Guide
- Libertyville Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Libertyville, IL
Pricing Updated: 08/22/2026Current apartment rentals in the Libertyville, IL area range in price from $1,300 to $4,300 with an overall median price of $2,333. 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 | $2,225 | $1,395 | 16 |
| Bushs Corners | $2,400 | $1,300 | 26 |
Cheapest Available Libertyville Apartments for Rent
The cheapest available apartment rental in Libertyville, IL is a Studio unit found at 705 S Milwaukee Ave in the Central Vernon Hills neighborhood priced from $1,400. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,445. Here is today’s list of the most affordable Libertyville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 705 S Milwaukee Ave | Studio | Studio,1BA | $1,400 |
| 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 Premium | 2BR,1BA | $1,500 |
| Cook Apartments at Libertyville | A1 | 1BR,1BA | $1,770 |
Best Value Apartments for Rent in Libertyville, IL
As of August 22, 2026 the best value apartment in the Libertyville area is the $2.14 price per square foot E5N Model at Eleven 5 Lake in the in the Downtown Libertyville neighborhood starting from $3,695. The second greatest value Libertyville apartment is the 2BR/2.0BA Model at Morris Station starting at $2,525 with a $1.86 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. |
|---|---|---|---|
| Eleven 5 Lake | E5N | 3BR,2BA | $2.14 |
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.86 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| The Majestic Luxury Apartments | B3 | 2BR,2BA | $2.68 |
| Grays Pointe Apartments | 2 Bedroom Premium | 2BR,1BA | $1.56 |
| Cardinal Square - Building D2 | CSD2 - x08 Tier | 1BR,1BA | $2.52 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $2.20 |
| 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 |
| Cook Apartments at Libertyville | A1 | 1BR,1BA | $2.53 |
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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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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Best Local Schools in Libertyville, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Libertyville, IL Rentals by Map
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 90 Apartments for Rent in Libertyville, IL with pricing that ranges from $1,050 to $10,255. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,300 to $6,000.
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 $1,300 to $6,000 with an average monthly rent of $2,636.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.