
Cheap Homes for Rent in Lenzburg, IL from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Lenzburg.


106 S High 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.

311 S Church St

702 S Lincoln Ave
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.

939 Green Mt Ln
Lenzburg, IL Local Guide

How much does it cost to rent a home in Lenzburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lenzburg 2 Bedroom Homes for Rent | $1,391 | $1,150 | $1,650 |
| Lenzburg 3 Bedroom Homes for Rent | $1,702 | $1,275 | $2,000 |
| Lenzburg 4 Bedroom Homes for Rent | $3,111 | $2,395 | $3,500 |
Browse Top Homes for Rent in Lenzburg
Explore Lenzburg
Lenzburg, IL Local Guide
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Cheapest Available Lenzburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Lenzburg, IL is a 1 Bed unit found at McKay Manor priced from $475. Cottonwood Village in the Marina Villa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lenzburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKay Manor | 1 Bedroom | 1BR,1BA | $475 |
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $695 |
| Brookside Apartments | 1 Bedroom Main Street | 1BR,1BA | $730 |
Best Value Apartments for Rent in Lenzburg, IL and Nearby
As of April 16, 2026 the best value apartment in the Lenzburg area is the $1.24 price per square foot Carol Ann C1 Model at Storyboard on Carol Ann in the in the OFallon neighborhood starting from $2,235. The second greatest value Lenzburg apartment is the Hayden B1 Model at Storyboard on Hayden starting at $1,450 with a $1.16 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Lenzburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Storyboard on Carol Ann | Carol Ann C1 | 3BR,2.5BA | $1.24 |
| Storyboard on Hayden | Hayden B1 | 2BR,2.5BA | $1.16 |
| Reside Here Apartments & Rentals | 2BR/1.5BA | 2BR,1.5BA | $1.18 |
| Linwood Apartments | Two Bed One Bath | 2BR,1BA | $0.91 |
| Ben Louis Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.95 |
| 54 Ben Louis Dr | 2 Beds, 1 bath | 2BR,1BA | $1.22 |
| Lakewood Estates | 1 Bedroom | 1BR,1BA | $0.94 |
| McKay Manor | 1 Bedroom | 1BR,1BA | $0.64 |
| Trolley Circle | One Bedroom | 1BR,1BA | $1.24 |
| Cottonwood Village | 1 Bed, 1 bath | 1BR,1BA | $1.24 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Lenzburg, IL Rentals by Map
See the most popular apartments and homes in Lenzburg, IL
Frequently Asked Questions about Lenzburg
What type of rentals are currently available in Lenzburg?
There are currently 51 Apartments for Rent in Lenzburg, IL with pricing that ranges from $475 to $2,745. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lenzburg ranging from $700 to $3,500.
What is the current price range for Rental Homes in Lenzburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lenzburg ranges from $700 to $3,500 with an average monthly rent of $1,757.
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

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.

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.