Cheap Apartments for Rent in the Grosse Pointe Village Neighborhood of Vernon Hills, IL from $1,200 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grosse Pointe Village area of Vernon Hills.

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830 Westmoreland Dr
1 to 2 Bedroom Apartments

830 Westmoreland Dr

830 Westmoreland DrVernon Hills, IL 60061
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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

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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Perry Apartments
2 Bedroom Apartments

Perry Apartments

820 Walnut StMundelein, IL 60060
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Perry Apartments
2 Bedroom Apartments

Perry Apartments

816 Walnut StMundelein, IL 60060

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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1502 Lakeridge Ct
2 to 3 Bedroom Apartments

1502 Lakeridge Ct

1502 Lakeridge CtMundelein, IL 60060

Cheapest Available Grosse Pointe Village Apartments for Rent

 

The cheapest available apartment rental in the Grosse Pointe Village area of Vernon Hills, IL is a Studio unit found at Park Butterfield Apartments priced from $1,455. Lakeside Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here are the most affordable Grosse Pointe Village apartments for rent in Vernon Hills, IL:

Apartment ListingModel NameBed/BathPriced From
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,455
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,675
Emerald Pointe Apartments2 Bedroom 1 Bath (954 sq ft)2BR,1BA$1,822

Best Value Apartments for Rent in Grosse Pointe Village, IL

As of April 28, 2026 the best value apartment in the Grosse Pointe Village area is the $1.91 price per square foot 2 Bedroom 1 Bath (954 sq ft) Model at Emerald Pointe Apartments in the in the South Vernon Hills neighborhood starting from $1,822. The second greatest value Grosse Pointe Village apartment is the One Bedroom- Laminate Model at Pebbleshire Apartments starting at $1,675 with a $2.13 price per square foot in the South Vernon Hills neighborhood. Here is today’s list of the best values for Grosse Pointe Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Emerald Pointe Apartments2 Bedroom 1 Bath (954 sq ft)2BR,1BA$1.91
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.13
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09
Park Butterfield ApartmentsStudio Floor Plan S1Studio ,1BA$2.78

Frequently Asked Questions about Cheap Grosse Pointe Village Apartments

What is the price of a cheap apartment in Grosse Pointe Village?

The cheapest apartment in Grosse Pointe Village is Lakeside Village Apartments which is listed at $1,485, while the average apartment in Grosse Pointe Village costs $1,767.

What types of apartments are the cheapest in Grosse Pointe 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 2 regular apartments in Grosse Pointe Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.