
Cheap Apartments for Rent in Vernon Hills, IL from $1,242 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Vernon Hills.


Pebbleshire Apartments

Total Monthly Price
The Atworth at Mellody Farm

5 Echo Ct, Unit 8

9 Cedar Ct, Unit 2nd floor

The Oaks Of Vernon Hills

Total Monthly Price
995 S Ct of Shorewood, Unit 3B

The Domaine at Hawthorn Row

323 Meadow Ct

17 Cedar Ct, Unit 17 Cedar Ct 5
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.

Court of Birch and Spruce Apartments

Villas By The Lake

1 Lexington Dr

Port Clinton Place

940 N Lakeside Dr

Villas by the Lake Apartments

17 Parkside Ct

985 S Ct of Shorewood

1012 Centurion Ln

8 Echo Ct
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.

132 Brookwood Ct

2 Echo Ct

1003 Centurion Ln

Liberty Towers

Woodlands Apartment Homes

705 S Milwaukee Ave

Heritage Green Apartments

Cook Apartments at Libertyville

700 McKinley Ave, Unit 303

Park Butterfield Apartments
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.

Lakeside Village Apartments

Total Monthly Price
826 N Milwaukee Ave, Unit D2

444 Social

57 Washington Blvd, Unit Mundelein 2 bedroom Condo for rent

Eleven 5 Lake

Morris Station

Total Monthly Price
Station 250

Springs at Mundelein

Northline Apartments

131 Newberry Ave
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.

Moraine East Apartments

Orchard Apartments

Liberty Terrace

Embassy Apartments

Coves of Mundelein

711 S Milwaukee Ave

Eleven9 Rockland

215 E Park Ave

826 N Milwaukee Ave

709 W Park Ave
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.
Vernon Hills, IL Local Guide

How much does it cost to rent an apartment in Vernon Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Vernon Hills Studio Apartments | $2,059 | $1,295 | $5,848 |
| Cheap Vernon Hills 1 Bedroom Apartments | $2,245 | $1,242 | $6,164 |
| Cheap Vernon Hills 2 Bedroom Apartments | $3,095 | $1,623 | $9,387 |
| Cheap Vernon Hills 3 Bedroom Apartments | $3,964 | $2,400 | $8,051 |
Browse Top Apartments in Vernon Hills
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Vernon Hills, IL Local Guide
- Vernon Hills Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Vernon Hills, IL
Pricing Updated: 09/10/2026Current apartment rentals in the Vernon Hills, IL area range in price from $1,295 to $9,387 with an overall median price of $2,698. Here is today’s list neighborhoods with the lowest median pricing for Vernon Hills Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Central Vernon Hills | $2,652 | $1,295 | 112 |
| North Vernon Hills | $2,664 | $1,295 | 84 |
| Grosse Pointe Village | $2,701 | $1,295 | 74 |
| South Vernon Hills | $2,820 | $1,295 | 63 |
Cheapest Available Vernon Hills Apartments for Rent
 The cheapest available apartment rental in Vernon Hills, 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 Grosse Pointe Village 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 Vernon Hills 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 |
| Park Butterfield Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,476 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $1,547 |
| Pebbleshire Apartments | One Bedroom B - Carpet | 1BR,1BA | $1,675 |
| Cook Apartments at Libertyville | A1 | 1BR,1BA | $1,770 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $1,825 |
| Northline Apartments | Waiting List | 2BR,2BA | $1,990 |
Best Value Apartments for Rent in Vernon Hills, IL
As of September 10, 2026 the best value apartment in the Vernon Hills 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 Vernon Hills 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 Vernon Hills 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 Landing at Town Center | 1 Bed 1 Bath D Renovated* | 1BR,1BA | $2.45 |
| 826 N Milwaukee Ave, Unit D2 | 826 N Milwaukee Ave | 2BR,1BA | $1.88 |
| Cardinal Square - Building C | 1 Bedroom, 1 Bath | 1BR,1BA | $2.20 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $2.17 |
| Pebbleshire Apartments | One Bedroom B - Carpet | 1BR,1BA | $2.35 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Best Local Schools in Vernon Hills, IL
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Vernon Hills, IL Rentals by Map
See the most popular apartments and homes in Vernon Hills, IL
Frequently Asked Questions about Cheap Vernon Hills Apartments
What is a cheap apartment in Vernon Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Vernon Hills is under $1,990.
What is the price of a cheap apartment in Vernon Hills?
The cheapest apartment in Vernon Hills is Heritage Green Apartments which is listed at $1,445, while the average apartment in Vernon Hills costs $2,698.
What types of apartments are the cheapest in Vernon Hills?
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 18 regular apartments in Vernon Hills 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 Vernon Hills?
Cheap apartments in Vernon Hills have an average cost of $165 which is $2,533 cheaper than the average rent for all rentals in Vernon Hills.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.