Apartments for Rent in Knollwood, Lake County, IL

Prices and availability in Knollwood, Lake County, IL were last updated on 12 Nov 2026.

The best apartments in Knollwood, Lake County, IL are: OAKS OF LAKE BLUFF and TERRACE OAKS RE, LLC.

The average rent in Knollwood, Lake County, IL is $1,643.

The price range for a 1-bedroom apartment in Knollwood, Lake County, IL is between $1,200 and $1,515.

The price range for a 2-bedroom apartment in Knollwood, Lake County, IL is between $1,200 and $1,515.

In Knollwood 22% of the housing is rented out compared to 78% of homes are owned, according to the most recent Census Bureau estimates. none of Knollwood's apartments are found in large buildings of 50 units or more, 76% are located in smaller apartment complexes with less than 50 units, and 24% are single-family rentals.

The average age of rental buildings in Knollwood is 35 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Knollwood are around 0% of rentals, while 1-bedroom floor plans represent 53% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.