Cheap Apartments for Rent in Mundelein, IL from $800 (64 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mundelein.

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Station 250
Rent Specials
$1,716 - $3,651
Total Monthly Price

Total Monthly Price

Base Rent
$1,716 - $3,651

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Station 250

250 Plaza CirMundelein, IL 60060
Corporate Housing
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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.

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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

1355 W Maple AveMundelein, IL 60060
  • Utilities Included
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Orchard Apartments
1 to 3 Bedroom Apartments

Orchard Apartments

900 E Orchard StMundelein, IL 60060
  • Utilities Included
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Embassy Apartments
Studio to 2 Bedroom Apartments

Embassy Apartments

40 S Shaddle AveMundelein, IL 60060
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Coves of Mundelein
1 to 2 Bedroom Apartments

Coves of Mundelein

728 Diamond Lake RdMundelein, IL 60060
  • Utilities Included

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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601 N Milwaukee Ave, Unit C
$1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775
1 Bedroom Apartment Available Now

601 N Milwaukee Ave, Unit C

601 N Milwaukee AveLibertyville, IL 60048
  • Smoke Free
property at 1006 Centurion Ln

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Condo for Rent

Available Aug 1

1006 Centurion Ln, Unit Apartment

1006 Centurion Ln
Vernon HillsIL60061
property at 1008 Centurion Ln

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

1008 Centurion Ln, Unit 12

1008 Centurion Ln
Vernon HillsIL60061
property at 322 Russet Way

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

322 Russet Way

Vernon HillsIL60061
property at 1406 Clairmont Ct

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

3 Bedroom, 2 Bath Condo for Rent

Available Aug 1

1406 Clairmont Ct, Unit 1406 Clairmont Ct

1406 Clairmont 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.

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Moraine East Apartments
1 to 3 Bedroom Apartments

Moraine East Apartments

820 N Milwaukee AveLibertyville, IL 60048
  • Utilities Included
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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
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Eleven9 Rockland
2 Bedroom Apartments

Eleven9 Rockland

119 W Rockland RdLibertyville, IL 60048
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215 E Park Ave
1 to 2 Bedroom Apartments

215 E Park Ave

215 E Park AveLibertyville, IL 60048
  • Utilities Included

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.

Mundelein, IL Local Guide

Cheapest Neighborhoods for Apartments in Mundelein, IL

Pricing Updated: 07/29/2026

Current apartment rentals in the Mundelein, 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 Mundelein Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Grand Dominion$2,661$1,29527
Countryside$2,686$1,29525

Cheapest Available Mundelein Apartments for Rent

 

The cheapest available apartment rental in Mundelein, IL is a 1 Bed unit found at Heritage Green Apartments in the Central Vernon Hills neighborhood priced from $1,445. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,457. Here is today’s list of the most affordable Mundelein apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,457
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,591
Pebbleshire ApartmentsOne Bedroom- Carpet1BR,1BA$1,650
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,825
Springs at MundeleinStudio Grand CourtyardStudio,1BA$1,927
The Domaine at Hawthorn RowA01Studio,1BA$1,984

Best Value Apartments for Rent in Mundelein, IL

As of July 29, 2026 the best value apartment in the Mundelein 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 Mundelein apartment is the 2BR/2.0BA Model at Morris Station starting at $2,451 with a $1.80 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Mundelein apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven 5 LakeE5N3BR,2BA$2.14
Morris Station2BR/2.0BA2BR,2BA$1.80
Northline ApartmentsWaiting List2BR,2BA$1.52
705 S Milwaukee Ave3 Bedroom 2 Bath3BR,2BA$2.00
865 Westmoreland Dr, Unit 24865 Westmoreland Dr2BR,1.5BA$1.78
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.20
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.13
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$2.23
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09

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

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Frequently Asked Questions about Cheap Mundelein Apartments

What is the Cheapest Studio apartment in Mundelein?

Currently the most affordable Cheap Studio Apartment in Mundelein is at Park Butterfield Apartments listed at $1,517.

How much is rent for a Cheap One Bedroom Mundelein Apartment?

The lowest price for a Cheap One Bedroom Mundelein Apartment is $1,445 at Heritage Green Apartments.

What is the lowest price for a Cheap Two Bedroom Mundelein Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mundelein is starting from $1,825 at Lakeside Village Apartments.

What is the most affordable Mundelein Three Bedroom Apartment?

The best deal on a cheap Mundelein Three Bedroom Apartment rental is at 705 S Milwaukee Ave and starts from $2,400.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.