Cheap Homes for Rent in Grosse Pointe Village Neighborhood of Vernon Hills, IL from $1,400 (9 Rentals)

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

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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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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Grosse Pointe Village, Vernon Hills, IL Local Guide

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 Lakeside Village Apartments priced from $1,250. Park Butterfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,394. Here are the most affordable Grosse Pointe Village apartments for rent in Vernon Hills, IL:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,394
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,600

Best Value Apartments for Rent in Grosse Pointe Village, IL

As of December 20, 2025 the best value apartment in the Grosse Pointe Village area is the $2.24 price per square foot One Bedroom- Laminate Model at Pebbleshire Apartments in the in the South Vernon Hills neighborhood starting from $1,600. The second greatest value Grosse Pointe Village apartment is the 1 Bedroom 1 Bath (714 sq ft) Model at Emerald Pointe Apartments starting at $1,642 with a $2.30 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.
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.24
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$2.30
Park Butterfield ApartmentsStudio Floor Plan S1Studio ,1BA$2.75
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio ,1BA$3.68

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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Pet Friendly Lifestyle
Grosse Pointe Village, Vernon Hills, IL

Ranked #4

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Grosse Pointe Village

What type of rentals are currently available in Grosse Pointe Village?

There are currently 40 Apartments for Rent in Grosse Pointe Village, IL with pricing that ranges from $1,250 to $1,827. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grosse Pointe Village ranging from $1,400 to $12,500.

What is the current price range for Rental Homes in Grosse Pointe Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grosse Pointe Village ranges from $1,400 to $12,500 with an average monthly rent of $3,005.

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

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Renting with Roommates: Realistic Expectations for Shared Lease

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

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.