
Cheap Homes for Rent in Vernon Hills, IL from $1,600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Vernon Hills.


22960 N Apple Hill Ln

805 Waterview Cir

830 Waterview Cir

2 Timber Ln

260 E Court of Shorewood
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.

820 N Lakeside Dr

711 S Milwaukee Ave

22960 N Apple Hill Ln, Unit Condo

8 Echo Ct

234 W Ct of Shorewood

322 Russet Way
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.

207 W Park Ave

Furnished Studio-Chicago - Vernon Hills - Lake Forest

1207 Orleans Dr

1207 Orleans Dr

242 Harvest Ct

1310 Cromwell Ct
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.

271 Southwick Ct

223 Harvest Ct
Vernon Hills, IL Local Guide

How much does it cost to rent a home in Vernon Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vernon Hills 2 Bedroom Homes for Rent | $2,169 | $1,750 | $3,000 |
| Vernon Hills 3 Bedroom Homes for Rent | $3,402 | $2,600 | $4,500 |
| Vernon Hills 4 Bedroom Homes for Rent | $5,069 | $2,675 | $5,990 |
| Vernon Hills 5 Bedroom Homes for Rent | $5,100 | $4,500 | $5,700 |
Browse Top Homes for Rent in Vernon Hills
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Vernon Hills, IL Local Guide
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Cheapest Neighborhoods for Apartments in Vernon Hills, IL
Pricing Updated: 06/12/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Grosse Pointe Village | $1,830 | $1,395 | 25 |
| North Vernon Hills | $4,161 | $1,395 | 90 |
| Central Vernon Hills | $4,210 | $1,395 | 98 |
| South Vernon Hills | $4,222 | $1,395 | 44 |
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 of Mundelein 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1,445 |
| Lakeside Village of Mundelein Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $1,629 |
| Pebbleshire Apartments | One Bedroom- Laminate | 1BR,1BA | $1,675 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1,717 |
Best Value Apartments for Rent in Vernon Hills, IL
As of June 12, 2026 the best value apartment in the Vernon Hills area is the $1.78 price per square foot 2BR/2.0BA Model at Morris Station in the in the Central Vernon Hills neighborhood starting from $2,422. The second greatest value Vernon Hills apartment is the Waiting List Model at Northline Apartments starting at $1,990 with a $1.52 price per square foot in the Downtown Libertyville neighborhood. Here is today’s list of the best values for Vernon Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morris Station | 2BR/2.0BA | 2BR,2BA | $1.78 |
| Northline Apartments | Waiting List | 2BR,2BA | $1.52 |
| 705 S Milwaukee Ave | 3 Bedroom 2 Bath | 3BR,2BA | $1.63 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B2 | 2BR,2BA | $1.66 |
| 200-250 Anthony Ave | CSD2 - x18 Tier | 1BR,1BA | $2.28 |
| Cardinal Square | 1 Bedroom, 1 Bath | 1BR,1BA | $2.20 |
| Pebbleshire Apartments | One Bedroom- Laminate | 1BR,1BA | $2.13 |
| Heritage Green Apartments | 1 BR/1BA | 1BR,1BA | $1.93 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $2.28 |
| Lakeside Village of Mundelein Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Vernon Hills, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Vernon Hills, IL
Frequently Asked Questions about Vernon Hills
What type of rentals are currently available in Vernon Hills?
There are currently 98 Apartments for Rent in Vernon Hills, IL with pricing that ranges from $1,242 to $10,805. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vernon Hills ranging from $1,650 to $5,990.
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 $1,650 to $5,990 with an average monthly rent of $3,478.
How much are larger Three and Four Bedroom Rentals in Vernon Hills?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Vernon Hills range from $2,400 to $10,805, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,675 and Four Bedroom Apartments start at $3,750.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.