Cheap Apartments for Rent in Vernon Hills, IL from $900 (68 Rentals)

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

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

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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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
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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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Port Clinton Place
1 to 3 Bedroom Apartments

Port Clinton Place

1199 E Port Clinton RdVernon Hills, IL 60061

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.

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property at 223 Harvest Ct

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

2 Bedroom, 2 Bath Townhome for Rent

Available Now

223 Harvest Ct

Vernon HillsIL60061

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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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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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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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
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Moraine East Apartments
1 to 3 Bedroom Apartments

Moraine East Apartments

820 N Milwaukee 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.

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Vernon Hills, IL Local Guide

Cheapest Neighborhoods for Apartments in Vernon Hills, IL

Pricing Updated: 07/27/2026

Current apartment rentals in the Vernon Hills, 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 Vernon Hills Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Grosse Pointe Village$1,842$1,29521
North Vernon Hills$4,075$1,29580
Central Vernon Hills$4,116$1,29598
South Vernon Hills$4,202$1,29545

Cheapest Available Vernon Hills Apartments for Rent

 

The cheapest available apartment rental in Vernon Hills, IL is a 1 Bed unit found at Heritage Green Apartments in the Central Vernon Hills neighborhood priced from $1,445. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here is today’s list of the most affordable Vernon Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Green Apartments1 BR/1BA1BR,1BA$1,445
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,517
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
705 S Milwaukee Ave2 Bedroom 1.5 Bath2BR,1BA$1,875
Springs at MundeleinStudio Grand CourtyardStudio,1BA$1,927

Best Value Apartments for Rent in Vernon Hills, IL

As of July 27, 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 $2,451 with a $1.80 price per square foot in the Central Vernon Hills neighborhood. Here is today’s list of the best values for Vernon Hills 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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Remember the 3 Rules of Real Estate:
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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 $1,927.

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 $3,558.

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 8 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 $169 which is $3,389 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

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.