
Cheap Homes for Rent in Bannockburn, IL from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Bannockburn.


1149 Deerfield Rd, Unit B

1970 Green Bay Rd

440 Green Bay Rd

696 Elm Pl

725 St Johns Ave

47 Prairie Ave

15 Parkway N

2121 St Johns Ave
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
Bannockburn, IL Local Guide

How much does it cost to rent a home in Bannockburn?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Bannockburn 2 Bedroom Homes for Rent | $2,927 | $2,100 | $4,888 |
Bannockburn 3 Bedroom Homes for Rent | $3,949 | $2,395 | $7,800 |
Bannockburn 4 Bedroom Homes for Rent | $4,470 | $3,200 | $6,200 |
Browse Top Homes for Rent in Bannockburn
Explore Bannockburn
Bannockburn, IL Local Guide
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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 $1,591. Foxboro Apartments in the Dundee Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,618. Here is today’s list of the most affordable Bannockburn apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mandalane | 1A | 1BR,1BA | $1,591 |
Foxboro Apartments | Astor | 1BR,1BA | $1,618 |
The Green at Chevy Chase | Medinah | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Bannockburn, IL and Nearby
As of March 23, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Americana Apartments | Three Bedroom | 3BR,2BA | $2.05 |
Ravinia Crossing | 2 Bed | 2BR,2BA | $2.50 |
The Wheatlands | Lorraine Plus | 2BR,2BA | $2.28 |
The Green at Chevy Chase | Chevy Chase Plus | 2BR,2BA | $2.41 |
The Landing at Town Center | 1 Bed 1 Bath D Renovated | 1BR,1BA | $2.37 |
345 Park Ave | 345 Park Ave | 2BR,1BA | $2.22 |
Arlington Club Apartments | A1 | 1BR,1BA | $2.46 |
Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
Foxboro Apartments | Easton | 1BR,1BA | $2.36 |
Mandalane | 1A | 1BR,1BA | $2.33 |
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Frequently Asked Questions about Bannockburn
What type of rentals are currently available in Bannockburn?
There are currently 54 Apartments for Rent in Bannockburn, IL with pricing that ranges from $1,425 to $16,077. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bannockburn ranging from $1,100 to $7,800.
What is the current price range for Rental Homes in Bannockburn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Bannockburn ranges from $1,100 to $7,800 with an average monthly rent of $2,908.
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.

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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.