Cheap Homes for Rent in Winnetka, IL from $1,500 (24 Rentals)

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

property at 915 Green Bay Rd

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

Studio, 1 Bath Condo for Rent

Available Now

915 Green Bay Rd, Unit 3C

915 Green Bay Rd
WinnetkaIL60093

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.

property at 730 Elm St

$1,655

Total Monthly Price

Total Monthly Price

Base Rent
$1,655

Total Monthly Price
$1,655

Studio, 1 Bath Condo for Rent

Available Now

730 Elm St, Unit 301

730 Elm St
WinnetkaIL60093

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.

property at 731 Elm St

$1,885

Total Monthly Price

Total Monthly Price

Base Rent
$1,885

Total Monthly Price
$1,885

1 Bedroom, 1 Bath Condo for Rent

Available Now

731 Elm St, Unit 302

731 Elm St
WinnetkaIL60093

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.

Winnetka, IL Local Guide

Cheapest Available Winnetka Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
460 Winnetka Ave.Winnetka - 1 bedroom 7701BR,1BA$1,870
The Residences of WilmetteC1Studio,1BA$2,895

Best Value Apartments for Rent in Winnetka, IL

As of June 14, 2026 the best value apartment in the Winnetka area is the $0.80 price per square foot 511 Park Dr Model at 511 Park Dr, Unit 511 Park Dr, Kenilworth in the in the Gross Point neighborhood starting from $1,975. The second greatest value Winnetka apartment is the 3BR/2.5BA Model at Trevian Townhomes starting at $4,037 with a $2.45 price per square foot in the Gross Point neighborhood. Here is today’s list of the best values for Winnetka apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
511 Park Dr, Unit 511 Park Dr, Kenilworth511 Park Dr3BR,1BA$0.80
Trevian Townhomes3BR/2.5BA3BR,2.5BA$2.45
Elaine Luxury ApartmentsA62BR,1BA$3.06
460 Winnetka Ave.Winnetka - 1 bedroom 7701BR,1BA$2.43
220 Park Ave, Unit J03P220 Park Ave1BR,1BA$2.42
545 Chestnut St, Unit E545-301545 Chestnut St1BR,1BA$3.21
547 Chestnut St547 Chestnut St1BR,1BA$2.85
307 Ridge Rd, Unit First Floor307 Ridge Rd1BR,1BA$2.50
924 Green Bay Rd924 Green Bay RdStudio ,1BA$3.09
338 Tudor Ct338 Tudor CtStudio ,1BA$3.91

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real 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.

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

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Frequently Asked Questions about Winnetka

What type of rentals are currently available in Winnetka?

There are currently 92 Apartments for Rent in Winnetka, IL with pricing that ranges from $1,500 to $17,556. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winnetka ranging from $1,565 to $35,000.

What is the current price range for Rental Homes in Winnetka?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Winnetka ranges from $1,565 to $35,000 with an average monthly rent of $9,699.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.