Cheap Apartments for Rent in Bannockburn, IL from $1,200 (28 Rentals)

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

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Pinetree Apartments
1 to 2 Bedroom Apartments

Pinetree Apartments

933-951 Waukegan RdDeerfield, IL 60015
  • Utilities Included

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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Union Apartments
2 Bedroom Apartments

Union Apartments

231 Wheeling RdWheeling, IL 60090
  • Utilities Included
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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089

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 $1,607. Foxboro Apartments in the Dundee Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,651. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mandalane1A1BR,1BA$1,607
Foxboro ApartmentsEaston1BR,1BA$1,651
The Green at Chevy ChaseDoral1BR,1BA$1,675
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$1,750
Woodview ApartmentsB11BR,1BA$1,781
The 250 ResidencesA1a1BR,1BA$1,900
Uptown 500The Adler (S2)Studio,1BA$1,944
Albion Highland ParkS6 - WestStudio,1BA$2,040
One Wheeling Town Center1B1BA-1A1BR,1BA$2,096
Everleigh Vernon Hills 55+ Active Adult ApartmentsA41BR,1BA$2,145

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of April 27, 2025 the best value apartment in the Bannockburn area is the $2.50 price per square foot 2 Bed Model at Ravinia Crossing in the in the Briergate Station neighborhood starting from $3,025. The second greatest value Bannockburn apartment is the B5 Model at The MilTon Luxury Apartments starting at $2,998 with a $2.49 price per square foot in the South Vernon Hills 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.
Ravinia Crossing2 Bed2BR,2BA$2.50
The MilTon Luxury ApartmentsB52BR,2BA$2.49
Northgate Crossing of WheelingDakota2BR,2BA$2.16
The WheatlandsLorraine Plus2BR,2BA$2.28
The Landing at Town Center1 Bed 1 Bath D Renovated1BR,1BA$2.37
Arlington Club ApartmentsB2BR,1BA$2.43
444 SocialLoftStudio ,1BA$2.62
Uptown 500The 312 (A1)1BR,1BA$2.61
Mandalane1D1BR,1BA$2.38
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50

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Pet Friendly Lifestyle

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Pet Friendliness Lifestyle Score

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

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

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 Albion Highland Park listed at $2,040.

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

The lowest price for a Cheap One Bedroom Bannockburn Apartment is $1,607 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 $1,892 at Mandalane.

What is the most affordable Bannockburn Three Bedroom Apartment?

The best deal on a cheap Bannockburn Three Bedroom Apartment rental is at 444 Social and starts from $3,600.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.