
Cheap Homes for Rent in Lena, IL from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Lena.


527 E Center St

525 W Addison St

933 E Clinton St
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.

916 E Garden St

924 N Sunset Ave

2915 Sherman Ave

403 S 10th St
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.

1021 S Columbia Ave
Lena, IL Local Guide

How much does it cost to rent a home in Lena?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lena 2 Bedroom Homes for Rent | $1,215 | $850 | $1,495 |
| Lena 3 Bedroom Homes for Rent | $1,330 | $701 | $1,700 |
| Lena 4 Bedroom Homes for Rent | $1,808 | $1,395 | $2,900 |
| Lena 5 Bedroom Homes for Rent | $1,625 | $1,625 | $1,625 |
| Lena 6 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Top Homes for Rent in Lena
Explore Lena
Lena, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockford Housing Authority | Park Terrace 2 Bed | 2BR,1BA | $480 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
Best Value Apartments for Rent in Lena, IL and Nearby
As of June 06, 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 207 - 2 Bed / 1.5 Bath Model at 201 - 207 West Win Heights starting at $945 with a $0.94 price per square foot . Here is today’s list of the best values for Lena apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windsor Apartments | 2 bedroom 1 bathroom | 2BR,1BA | $0.67 |
| 201 - 207 West Win Heights | 207 - 2 Bed / 1.5 Bath | 2BR,1.5BA | $0.94 |
| Riverside Glen Apartments | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.23 |
| Dixon River Apartments | 2BD/2BA | 2BR,1BA | $0.92 |
| Maplewood Glen | 1 Bed 1 Bath | 1BR,1BA | $1.17 |
| Alice Place Monroe | 1 Bedroom | 1BR,1BA | $1.38 |
| Prestwick Senior Living | One Bedroom | 1BR,1BA | $1.30 |
| Roberts Court | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
| Rockford Housing Authority | Olesen Plaza 1 Bed | 1BR,1BA | $0.98 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lena, IL Rentals by Map
See the most popular apartments and homes in Lena, IL
Frequently Asked Questions about Lena
What type of rentals are currently available in Lena?
There are currently 61 Apartments for Rent in Lena, IL with pricing that ranges from $480 to $3,050. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lena ranging from $701 to $2,900.
What is the current price range for Rental Homes in Lena?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lena ranges from $701 to $2,900 with an average monthly rent of $1,599.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.