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

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 04/01/2026

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$3,375$1,6956
Bushs Corners$5,000$1,42511

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. Moore Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. 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
Moore Court Apartments1BR/1BA DEN1BR,1BA$1,375
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Cardinal SquareStudio, 1 BathStudio,1BA$1,575

Best Value Apartments for Rent in Libertyville, IL

As of April 01, 2026 the best value apartment in the Libertyville area is the $1.95 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,645. The second greatest value Libertyville apartment is the Urban Loft Model at Northline Apartments starting at $3,250 with a $2.49 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.
Morris Station2BR/2.0BA2BR,2BA$1.95
Northline ApartmentsUrban Loft2BR,2BA$2.49
432 N Milwaukee Ave, Unit C432 N Milwaukee Ave1BR,1BA$1.30
705 S Milwaukee Ave2 Bedroom- 2 Bath2BR,2BA$2.05
Grays Pointe Apartments2 Bedroom Platinum2BR,1.5BA$1.56
Station 250The Dunbar1BR,1BA$2.61
610 N Milwaukee Ave, Unit 2610 N Milwaukee Ave1BR,1BA$1.53
Moore Court Apartments1BR/1BA DEN1BR,1BA$1.72
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Cardinal SquareStudio, 1 BathStudio ,1BA$2.48

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Libertyville, IL Rentals by Map

View Map
Libertyville, IL Apartments Map
View Map
Libertyville, IL Rental Homes Map

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 $931 to $12,424. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,425 to $5,000.

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 $1,425 to $5,000 with an average monthly rent of $3,166.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.