Cheap Homes for Rent in Vernon Hills, IL from $1,600 (28 Rentals)

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property at 723 S Lake St

723 S Lake St

MundeleinIL60060

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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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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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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Showing Results 1-28, Page 1 of 1

Vernon Hills, IL Local Guide

Cheapest Neighborhoods for Apartments in Vernon Hills, IL

Pricing Updated: 10/10/2025

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$1,790$1,19528
North Vernon Hills$3,652$1,195127
Central Vernon Hills$3,658$1,195137
South Vernon Hills$3,794$1,22570

Cheapest Available Vernon Hills Apartments for Rent

 

The cheapest available apartment rental in Vernon Hills, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,195. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,363. Here is today’s list of the most affordable Vernon Hills apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 343 SQ FT - MID LEVELStudio,1BA$1,195
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,363
Heritage Green Apartments1 BR/1BA1BR,1BA$1,395
Springs at MundeleinStudio Grand CourtyardStudio,1BA$1,725
Pebbleshire ApartmentsOne Bedroom- Remodeled1BR,1BA$1,725
Cook Apartments at LibertyvilleA11BR,1BA$1,750

Best Value Apartments for Rent in Vernon Hills, IL

As of October 10, 2025 the best value apartment in the Vernon Hills area is the $2.48 price per square foot Hawthorn - Townhome Model at The Oaks Of Vernon Hills in the in the South Vernon Hills neighborhood starting from $4,458. The second greatest value Vernon Hills apartment is the 125 W Park Ave Model at 125 W Park Ave, Unit 2 starting at $1,995 with a $1.11 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.
The Oaks Of Vernon HillsHawthorn - Townhome3BR,2.5BA$2.48
125 W Park Ave, Unit 2125 W Park Ave3BR,2BA$1.11
Eleven5 Lake2 Bedroom / 2 Bathroom2BR,2BA$2.38
Northline ApartmentsUrban Loft2BR,2BA$2.49
843 Westmoreland Dr, Unit 10843 Westmoreland Dr2BR,1.5BA$1.98
Pebbleshire ApartmentsOne Bedroom- Remodeled1BR,1BA$2.20
Heritage Green Apartments1 BR/1BA1BR,1BA$1.86
Cook Apartments at LibertyvilleA11BR,1BA$2.50
620 N Milwaukee Ave, Unit C620 N Milwaukee Ave1BR,1BA$1.96
Park Butterfield ApartmentsStudio Floor Plan S1Studio ,1BA$2.61

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Vernon Hills, IL

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Vernon Hills

What type of rentals are currently available in Vernon Hills?

There are currently 97 Apartments for Rent in Vernon Hills, IL with pricing that ranges from $1,195 to $16,077. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vernon Hills ranging from $1,600 to $15,000.

What is the current price range for Rental Homes in Vernon Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Vernon Hills ranges from $1,600 to $15,000 with an average monthly rent of $3,233.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.