Cheap Homes for Rent in Vernon Hills, IL from $1,400 (21 Rentals)

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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-21, Page 1 of 1

Vernon Hills, IL Local Guide

Cheapest Neighborhoods for Apartments in Vernon Hills, IL

Pricing Updated: 01/09/2026

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$1,680$1,25039
Central Vernon Hills$3,706$1,250179
North Vernon Hills$3,706$1,250155
South Vernon Hills$3,742$1,299114

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 $1,250. Heritage Green Apartments in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. 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, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Heritage Green Apartments1 BR/1BA1BR,1BA$1,275
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,299
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,600
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$1,634

Best Value Apartments for Rent in Vernon Hills, IL

As of January 09, 2026 the best value apartment in the Vernon Hills area is the $2.19 price per square foot 2 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Downtown Libertyville neighborhood starting from $2,900. The second greatest value Vernon Hills apartment is the 2BR/2.0BA Model at Morris Station starting at $2,273 with a $1.74 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.
Eleven5 Lake2 Bedroom / 2 Bathroom2BR,2BA$2.19
Morris Station2BR/2.0BA2BR,2BA$1.74
The Landing at Town Center2 Bed 2 Bath C Renovated2BR,2BA$2.28
NorthEnd Apartments3X1.53BR,1.5BA$1.91
432 N Milwaukee Ave, Unit C432 N Milwaukee Ave1BR,1BA$1.40
705 S Milwaukee Ave2 Bedroom- 2 Bath2BR,2BA$2.15
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.12
Heritage Green Apartments1 BR/1BA1BR,1BA$1.70
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$2.29
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.24

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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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 99 Apartments for Rent in Vernon Hills, IL with pricing that ranges from $1,242 to $16,077. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vernon Hills ranging from $1,400 to $8,500.

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 $1,400 to $8,500 with an average monthly rent of $3,378.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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!