Rentometer, Inc. | Data as of 10/23/2025
Libertyville, nestled in the heart of Lake County, Illinois, blends historic charm with modern convenience. Its vibrant downtown features boutique shops, inviting cafes, and seasonal festivals that draw both residents and visitors alike. With easy access to major highways and commuter rail lines, professionals enjoy a short drive to Chicago while families benefit from top‑rated schools, ample parkland, and the nearby shoreline of Lake Michigan. The city’s tree‑lined streets and well‑maintained neighborhoods create a welcoming atmosphere for renters seeking a balanced suburban lifestyle.
The rental market in Libertyville offers a diverse mix of apartments and single‑family homes, catering to a range of household sizes and preferences. One‑bedroom apartments typically sit in the $1600s, while larger three‑bedroom units often reach the $3500s. For those looking for more space, two‑bedroom houses frequently fall in the mid‑$2000s, and expansive four‑plus bedroom homes can approach the $5400s. These price points reflect the city’s strong demand for quality housing, modern amenities, and proximity to both employment centers and recreational opportunities.
Popular neighborhoods such as Downtown Libertyville and the historic Arlington Valley area provide easy access to cultural attractions like the Liberty Plaza and the Volo Bog State Natural Area. Renters appreciate the blend of quiet residential streets with vibrant community hubs, making Libertyville a top choice for those seeking comfortable living spaces, excellent schools, and a lively yet peaceful environment in the Illinois rental market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,610 | $1,750 | $430 - $2,595 | $1,550 - $1,795 |
| Apartment | 2 Bedroom | $2,206 | $2,037 | $1,675 - $3,145 | $1,850 - $2,745 |
| Apartment | 3 Bedroom | $3,446 | $3,745 | $2,350 - $4,245 | $2,350 - $4,245 |
| House | 2 Bedroom | $2,300 | $2,250 | $1,800 - $2,800 | $2,000 - $2,500 |
| House | 3 Bedroom | $3,423 | $3,100 | $2,000 - $4,950 | $3,000 - $3,800 |
| House | 4+ Bedroom | $5,230 | $3,900 | $3,200 - $9,300 | $3,650 - $7,800 |
In the current period, the average rent in Libertyville was
$1,676 for 1 Bedroom,
$2,251 for 2 Bedroom,
$3,427 for 3 Bedroom, and
$5,425 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.