Cheap Homes for Rent in Bannockburn, IL from $1,100 (9 Rentals)

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

property at 696 Elm Pl

696 Elm Pl

Highland ParkIL60035
property at 15 Parkway N

15 Parkway N

DeerfieldIL60015

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

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 ListingModel NameBed/BathPriced From
Mandalane1A1BR,1BA$1,591
Foxboro ApartmentsAstor1BR,1BA$1,618
The Green at Chevy ChaseMedinah1BR,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 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$2.36
Mandalane1A1BR,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.

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

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.