Cheap Apartments for Rent in Port Barrington, IL from $500 (42 Rentals)

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

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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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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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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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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Cotton Creek Apartments
1 to 2 Bedroom Apartments

Cotton Creek Apartments

517-525 E Burnett RdIsland Lake, IL 60042
  • Utilities Included

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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Port Barrington, IL Local Guide

Cheapest Available Port Barrington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Port Barrington, IL is a 1 Bed unit found at Wauconda Park Apartments in the Liberty Lakes - Freedom Series neighborhood priced from $1,200. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Port Barrington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$1,200
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1,235
Rosewood Round Lake2 Bedroom2BR,1BA$1,244
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1,500
Eden Prairie Apartments2 Bed 1 Bath A Level 22BR,1BA$1,525
The Blake at Fox RiverEllory1BR,1BA$1,529
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,532
Enclave Crystal Lake Townhomes and ApartmentsS1Studio,1BA$1,610
Randall VillageThe Chagall1BR,1BA$1,615
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635

Best Value Apartments for Rent in Port Barrington, IL and Nearby

As of May 31, 2026 the best value apartment in the Port Barrington area is the $1.60 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,400. The second greatest value Port Barrington apartment is the Forestwood Model at Redwood Fox River Grove starting at $2,624 with a $2.03 price per square foot in the Rawson Bridge neighborhood. Here is today’s list of the best values for Port Barrington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.60
Redwood Fox River GroveForestwood2BR,2BA$2.03
Eastbanks of Lake Zurich2/22BR,2BA$1.91
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Stone Edge Apartments2 Bed 2 Bath2BR,2BA$1.36
Rosewood Round Lake2 Bedroom2BR,1BA$1.32
Skyridge Club ApartmentsSandpiper2BR,1BA$1.99
Meadowdale Apartments1 Bedroom - 1 Bath 667 sq ft1BR,1BA$1.85
Wauconda Park Apartments1 Bed / 1 Bath1BR,1BA$2.00

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 Port Barrington Apartments

What is the Cheapest Studio apartment in Port Barrington?

Currently the most affordable Cheap Studio Apartment in Port Barrington is at Springs at Three Oaks listed at $1,532.

How much is rent for a Cheap One Bedroom Port Barrington Apartment?

The lowest price for a Cheap One Bedroom Port Barrington Apartment is $1,200 at Wauconda Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Port Barrington is starting from $1,244 at Rosewood Round Lake.

What is the most affordable Port Barrington Three Bedroom Apartment?

The best deal on a cheap Port Barrington Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.