Cheap Homes for Rent in Bannockburn, IL from $1,600 (15 Rentals)

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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 Foxboro Apartments in the Dundee Road neighborhood priced from $1,574. Mandalane in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,607. Here is today’s list of the most affordable Bannockburn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Foxboro ApartmentsCapri1BR,1BA$1,574
Mandalane1A1BR,1BA$1,607
The Green at Chevy ChaseDoral1BR,1BA$1,675
Woodview ApartmentsB11BR,1BA$1,836
Uptown 500The Adler (S2)Studio,1BA$1,895

Best Value Apartments for Rent in Bannockburn, IL and Nearby

As of April 15, 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 Two-Bed/Den Model at 444 Social starting at $3,700 with a $2.55 price per square foot in the McHenry Road 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
444 SocialTwo-Bed/Den2BR,2BA$2.55
Ravinia Crossing2 Bed2BR,2BA$2.50
The MilTon Luxury ApartmentsB22BR,1.5BA$2.53
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
Mandalane1D1BR,1BA$2.38
Hunt Club ApartmentsOak (1Bed G-R)1BR,1BA$2.50
Foxboro ApartmentsEaston1BR,1BA$2.36

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Frequently Asked Questions about Bannockburn

What type of rentals are currently available in Bannockburn?

There are currently 51 Apartments for Rent in Bannockburn, IL with pricing that ranges from $1,607 to $14,864. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bannockburn ranging from $1,600 to $12,000.

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 $1,600 to $12,000 with an average monthly rent of $4,259.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.