Cheap Homes for Rent in Libertyville, IL from $1,600 (11 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Libertyville, IL Local Guide

Cheapest Neighborhoods for Apartments in Libertyville, IL

Pricing Updated: 05/01/2025

Current apartment rentals in the Libertyville, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Libertyville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bushs Corners$3,284$1,242104
Downtown Libertyville$3,284$1,2422

Cheapest Available Libertyville Apartments for Rent

 

The cheapest available apartment rental in Libertyville, IL is a 2 Beds unit found at Grays Pointe Apartments in the Wildwood on Gages Lake neighborhood priced from $1,500. Cardinal Square - Building C in the Central Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,755. Here is today’s list of the most affordable Libertyville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Grays Pointe Apartments2 Bedroom Standard2BR,1BA$1,500
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$1,755
Cardinal Square - Building D2CSD2 - x12 TierStudio,1BA$1,795
Station 250The Countryside1BR,1BA$1,935
The Atworth at Mellody FarmB1B1BR,1BA$2,153

Best Value Apartments for Rent in Libertyville, IL

As of May 01, 2025 the best value apartment in the Libertyville area is the $2.20 price per square foot 3 Bedroom / 2 Bathroom Model at Eleven5 Lake in the in the Central Vernon Hills neighborhood starting from $3,745. The second greatest value Libertyville apartment is the COTTAGE Model at Everleigh Vernon Hills 55+ Active Adult Apartments starting at $4,495 with a $2.84 price per square foot in the South Vernon Hills neighborhood. Here is today’s list of the best values for Libertyville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eleven5 Lake3 Bedroom / 2 Bathroom3BR,2BA$2.20
Everleigh Vernon Hills 55+ Active Adult ApartmentsCOTTAGE2BR,2.5BA$2.84
The MilTon Luxury ApartmentsB52BR,2BA$2.49
The Domaine at Hawthorn RowB22BR,2BA$3.10
Grays Pointe Apartments2 Bedroom Platinum FP2BR,1.5BA$1.56
Cardinal Square - Building C1 Bedroom, 1 Bath1BR,1BA$2.30
The Atworth at Mellody FarmB1B1BR,1BA$2.87
Station 250The Highland1BR,1BA$2.78
Cardinal Square - Building D2CSD2 - x02 Tier (Floor 2 Only)1BR,1BA$2.77

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Frequently Asked Questions about Libertyville

What type of rentals are currently available in Libertyville?

There are currently 85 Apartments for Rent in Libertyville, IL with pricing that ranges from $1,150 to $12,299. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libertyville ranging from $1,600 to $8,500.

What is the current price range for Rental Homes in Libertyville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Libertyville ranges from $1,600 to $8,500 with an average monthly rent of $2,899.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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.