
Cheap Apartments for Rent in the Cherrybrook Village Neighborhood of Palatine, IL from $900 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Cherrybrook Village area of Palatine.


Albion on Northwest

Williams Reserve

The Gates of Deer Grove Apartment Homes

The Clayson
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Clover Ridge East Apartments
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Cherrybrook Village, Palatine, IL Local Guide

How much does it cost to rent an apartment in Cherrybrook Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cherrybrook Village Studio Apartments | $1,480 | $1,480 | $1,480 |
| Cherrybrook Village 1 Bedroom Apartments | $1,786 | $1,350 | $2,988 |
| Cherrybrook Village 2 Bedroom Apartments | $2,125 | $1,700 | $3,683 |
| Cherrybrook Village 3 Bedroom Apartments | $2,894 | $2,170 | $5,800 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Cherrybrook Village Neighborhood of Palatine, IL.
See all Apartments in PalatineExplore Palatine
Cherrybrook Village, Palatine, IL Local Guide
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Cheapest Available Cherrybrook Village Apartments for Rent
 The cheapest available apartment rental in the Cherrybrook Village area of Chicago, IL is a 1 Bed unit found at Albion on Northwest priced from $1,450. The Gates of Deer Grove Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,545. Here are the most affordable Cherrybrook Village apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Albion on Northwest | Oak (A) | 1BR,1BA | $1,450 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 740 sqft | 1BR,1BA | $1,545 |
| The Clayson | 1 Bedroom | 1BR,1BA | $1,565 |
| Arrowhead | Stream | 1BR,1BA | $1,599 |
| Williams Reserve | Birch | 1BR,1BA | $1,607 |
Best Value Apartments for Rent in Cherrybrook Village, IL
As of December 09, 2025 the best value apartment in the Cherrybrook Village area is the $1.71 price per square foot (D1r) 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,295. The second greatest value Cherrybrook Village apartment is the 441 N Eric Dr Model at 441 N Eric Dr, Unit 3A starting at $1,795 with a $1.80 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Cherrybrook Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Albion on Lake Cook | (D1r) 3 Bed, 2 Bath | 3BR,2BA | $1.71 |
| 441 N Eric Dr, Unit 3A | 441 N Eric Dr | 2BR,2BA | $1.80 |
| 116 W Wood St, Unit 3 - Penthouse | 116 W Wood St | 2BR,2BA | $1.90 |
| Deer Park Crossing Apartments | Doncaster | 1BR,1BA | $2.53 |
| Arrowhead | Falls | 2BR,1BA | $2.34 |
| Clover Ridge East Apartments | Ashbury | 1BR,1BA | $2.14 |
| Williams Reserve | Mulberry | 1BR,1BA | $2.25 |
| Albion on Northwest | Oak (Ah) | 1BR,1BA | $2.44 |
| The Gates of Deer Grove Apartment Homes | One Bedroom - 720 sqft | 1BR,1BA | $2.38 |
| The Clayson | 1 Bedroom | 1BR,1BA | $2.24 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleQuick 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.
Pet Friendly LifestyleCherrybrook Village, Palatine, IL
Ranked #8
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Cherrybrook Village, Palatine, IL
School data provided by Great Schools
Frequently Asked Questions about Cheap Cherrybrook Village Apartments
What is the price of a cheap apartment in Cherrybrook Village?
The cheapest apartment in Cherrybrook Village is Albion on Northwest which is listed at $1,450, while the average apartment in Cherrybrook Village costs $2,300.
What types of apartments are the cheapest in Cherrybrook Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 54 regular apartments in Cherrybrook Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Cherrybrook Village?
Cheap apartments in Cherrybrook Village have an average cost of $891 which is $1,409 cheaper than the average rent for all rentals in Cherrybrook Village.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

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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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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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Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.







