Cheap Apartments for Rent in Bannockburn, IL from $1,200 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bannockburn.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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933-951 Waukegan Rd
1 to 2 Bedroom Apartments

933-951 Waukegan Rd

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included
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Union Apartments
2 Bedroom Apartments

Union Apartments

231 Wheeling RdWheeling, IL 60090
  • Utilities Included
property at 696 Elm Pl

696 Elm Pl

Highland ParkIL60035
property at 15 Parkway N

15 Parkway N

DeerfieldIL60015
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Bannockburn, IL Local Guide

Cheapest Available Bannockburn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bannockburn, IL is a 1 Bed unit found at Mandalane in the McHenry Road neighborhood priced from $1,599. The Green at Chevy Chase in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mandalane1A1BR,1BA$1,599
The Green at Chevy ChaseMedinah1BR,1BA$1,650
Foxboro ApartmentsAstor1BR,1BA$1,721
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$1,750
Woodview ApartmentsB11BR,1BA$1,781
Uptown 500The Loop (S1)Studio,1BA$1,834
The 250 ResidencesA11BR,1BA$1,900
Northgate Crossing of WheelingBerkshire1BR,1BA$1,900
Arrive North ShoreAshland1BR,1BA$1,920
The Oaks Of Vernon HillsBirch1BR,1BA$1,935

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of March 27, 2025 the best value apartment in the Bannockburn area is the $2.05 price per square foot Three Bedroom Model at Americana Apartments in the in the Briergate Station neighborhood starting from $4,000. The second greatest value Bannockburn apartment is the 2 Bed Model at Ravinia Crossing starting at $3,025 with a $2.50 price per square foot in the Briergate Station neighborhood. Here is today’s list of the best values for Bannockburn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Americana ApartmentsThree Bedroom3BR,2BA$2.05
Ravinia Crossing2 Bed2BR,2BA$2.50
The WheatlandsLorraine Plus2BR,2BA$2.28
The Green at Chevy ChaseChevy Chase Plus2BR,2BA$2.41
The Landing at Town Center1 Bed 1 Bath D Renovated1BR,1BA$2.37
345 Park Ave345 Park Ave2BR,1BA$2.22
Arlington Club ApartmentsA11BR,1BA$2.46
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50
Foxboro ApartmentsEaston1BR,1BA$2.51
Mandalane1A1BR,1BA$2.34

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Explore Bannockburn, IL Rentals by Map

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Getting Around Bannockburn, IL

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

2 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Bannockburn Apartments

What is the Cheapest Studio apartment in Bannockburn?

Currently the most affordable Cheap Studio Apartment in Bannockburn is at Uptown 500 listed at $1,809.

How much is rent for a Cheap One Bedroom Bannockburn Apartment?

The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,599 at Mandalane.

What is the lowest price for a Cheap Two Bedroom Bannockburn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Bannockburn is starting from $1,874 at Mandalane.

What is the most affordable Bannockburn Three Bedroom Apartment?

The best deal on a cheap Bannockburn Three Bedroom Apartment rental is at One Wheeling Town Center and starts from $2,999.

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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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.