Cheap Homes for Rent in Vernon Hills, IL from $1,400 (19 Rentals)

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

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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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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Showing Results 1-19, Page 1 of 1

Vernon Hills, IL Local Guide

Cheapest Neighborhoods for Apartments in Vernon Hills, IL

Pricing Updated: 04/28/2026

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$1,767$1,45516
North Vernon Hills$3,878$1,44581
Central Vernon Hills$3,942$1,44592
South Vernon Hills$3,960$1,45545

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. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,453. 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
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,453
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$1,485
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,675
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,795

Best Value Apartments for Rent in Vernon Hills, IL

As of April 28, 2026 the best value apartment in the Vernon Hills area is the $2.37 price per square foot Garland - Townhome Model at The Oaks Of Vernon Hills in the in the South Vernon Hills neighborhood starting from $3,425. 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.
The Oaks Of Vernon HillsGarland - Townhome2BR,2.5BA$2.37
Morris Station2BR/2.0BA2BR,2BA$1.80
Northline ApartmentsWaiting List2BR,2BA$1.52
705 S Milwaukee Ave2 Bedroom- 2 Bath2BR,2BA$2.05
Emerald Pointe Apartments2 Bedroom 1 Bath (954 sq ft)2BR,1BA$1.91
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.16
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.13
Heritage Green Apartments1 BR/1BA1BR,1BA$1.93
Lakeside Village Apartments1 BED / 1.0 BATH, 710 SQ FT MID LEVEL1BR,1BA$2.09
432 N Milwaukee Ave, Unit D432 N Milwaukee Ave1BR,1BA$1.86

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Vernon Hills, IL

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Frequently Asked Questions about Vernon Hills

What type of rentals are currently available in Vernon Hills?

There are currently 96 Apartments for Rent in Vernon Hills, IL with pricing that ranges from $1,024 to $14,989. There are also 72 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vernon Hills ranging from $1,450 to $9,750.

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 $1,450 to $9,750 with an average monthly rent of $4,294.

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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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.

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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.

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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.

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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.