Cheap Apartments for Rent in Machesney Park, IL from $500 (28 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 304 Merrill Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

304 Merrill Ave

Loves ParkIL61111
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Sun Valley Terrace
2 Bedroom Apartments

Sun Valley Terrace

3359 Sun Valley TerRockford, IL 61103
  • Utilities Included
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3036 La Salle Ave
1 to 2 Bedroom Apartments

3036 La Salle Ave

3036 La Salle AveRockford, IL 61114

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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205 River Ln
2 Bedroom Apartments

205 River Ln

205 River LnLoves Park, IL 61111
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Oxford Commons
2 to 3 Bedroom Apartments

Oxford Commons

10289 Monarch RdRoscoe, IL 61073
  • Utilities Included

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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Showing Results 1-28, Page 1 of 1

Machesney Park, IL Local Guide

Cheapest Available Machesney Park Apartments for Rent

 

The cheapest available apartment rental in Machesney Park, IL is a 1 Bed unit found at Windsor Apartment in the Summerfield Commons neighborhood priced from $995. Park Towers Apartments in the North Rock neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Machesney Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Windsor Apartment1 Bed 1 Bath1BR,1BA$995
Park Towers ApartmentsOne Bedroom1BR,1BA$1,015
Riverside Apartments2 Bedroom 1 Bath - 772482BR,1BA$1,245
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1,700

Best Value Apartments for Rent in Machesney Park, IL

As of August 04, 2026 the best value apartment in the Machesney Park area is the $1.38 price per square foot 3BR/2.0BA Model at The Haven at Willow Creek in the in the North Rock neighborhood starting from $1,700. The second greatest value Machesney Park apartment is the 8325 Delta Dr Model at 8325 Delta Dr, Unit DELTA DR starting at $1,300 with a $1.30 price per square foot in the Summerfield Commons neighborhood. Here is today’s list of the best values for Machesney Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Haven at Willow Creek3BR/2.0BA3BR,2BA$1.38
8325 Delta Dr, Unit DELTA DR8325 Delta Dr2BR,1BA$1.30
Windsor Apartment1 Bed 1 Bath1BR,1BA$1.66
Park Towers ApartmentsOne Bedroom1BR,1BA$1.75
4928 N 2nd St, Unit 34928 N 2nd St1BR,1BA$6.00

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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Real 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.

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

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Frequently Asked Questions about Cheap Machesney Park Apartments

How much is rent for a Cheap One Bedroom Machesney Park Apartment?

The lowest price for a Cheap One Bedroom Machesney Park Apartment is $995 at Windsor Apartment.

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

Today's best deal for a Cheap Two Bedroom Apartment in Machesney Park is starting from $1,125 at Windsor Apartment.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.