Cheap Apartments for Rent in Lena, IL from $400 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lena.

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640 Fox Knoll
2 Bedroom Apartments

640 Fox Knoll

640 Fox Knoll DrLena, IL 61048

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Alice Place Monroe
Rent Specials
$913 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,200
Total Monthly Price
$913 - $1,200
1 to 2 Bedroom Apartments Available Now

Alice Place Monroe

124 County Rd NMonroe, WI 53566
Senior Living
  • Verified
  • Low Income
  • Smoke Free
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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
Senior Living
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Windsor Apartments
Studio to 3 Bedroom Apartments

Windsor Apartments

902 N Main StRockford, IL 61103
  • Utilities Included
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2816 Rudeen Close
1 to 2 Bedroom Apartments

2816 Rudeen Close

2816 Rudeen CloseRockford, IL 61108
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Beloit Hillcrest
1 to 2 Bedroom Apartments

Beloit Hillcrest

2200 Burton StBeloit, WI 53511
Senior Living
  • Utilities Included
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4210-4212 7th St
2 Bedroom Apartments

4210-4212 7th St

4210-4212 7th StRockford, IL 61109

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Highland Meadows
1 Bedroom Apartments

Highland Meadows

101 Circle DrLanark, IL 61046
  • Utilities Included
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4003 9th St
2 Bedroom Apartments

4003 9th St

4003 9th StRockford, IL 61109
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4205 8th St
2 Bedroom Apartments

4205 8th St

4205 8th StRockford, IL 61109

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-45, Page 1 of 1

Lena, IL Local Guide

Cheapest Available Lena Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lena, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Lena apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Northland Park ApartmentsStudioStudio,1BA$625
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Dixon River Apartments1BD/1BA1BR,1BA$675
Longwood Garden Apartments1 Bedroom1BR,1BA$718
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$825
Maplewood Glen1 Bed 1 Bath1BR,1BA$833
Whitestone Manor Apartments529 N Main StudioStudio,1BA$850
Prestwick Senior LivingOne Bedroom1BR,1BA$850
Wesleyan Apartments2425-2505 Wesleyan Ave1BR,1BA$895

Best Value Apartments for Rent in Lena, IL and Nearby

As of April 24, 2026 the best value apartment in the Lena area is the $0.67 price per square foot 2 bedroom 1 bathroom Model at Windsor Apartments in the in the Central Terrace neighborhood starting from $825. The second greatest value Lena apartment is the 201 - 2 Bed / 2 Bath Model at 201 - 207 West Win Heights starting at $1,050 with a $1.04 price per square foot . Here is today’s list of the best values for Lena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windsor Apartments2 bedroom 1 bathroom2BR,1BA$0.67
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
The HamptonsRidge Two Bedroom2BR,1BA$1.29
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.23
Maplewood Glen1 Bed 1 Bath1BR,1BA$1.17
Alice Place Monroe1 Bedroom1BR,1BA$1.38
Dixon River Apartments1BD/1BA1BR,1BA$1.03
Prestwick Senior LivingOne Bedroom1BR,1BA$1.30
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lena, IL Rentals by Map

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Frequently Asked Questions about Cheap Lena Apartments

What is the Cheapest Studio apartment in Lena?

Currently the most affordable Cheap Studio Apartment in Lena is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Lena Apartment?

The lowest price for a Cheap One Bedroom Lena Apartment is $480 at Rockford Housing Authority.

What is the lowest price for a Cheap Two Bedroom Lena Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lena is starting from $480 at Rockford Housing Authority.

What is the most affordable Lena Three Bedroom Apartment?

The best deal on a cheap Lena Three Bedroom Apartment rental is at Dixon River Apartments and starts from $910.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.