Cheap Homes for Rent near Machesney Park, IL from $1,000 (10 Rentals)

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Search the lowest-cost Homes 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.

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

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.

Machesney Park, IL Local Guide

Cheapest Available Machesney Park Apartments for Rent and Nearby

 

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 Glen Apartments2 Bedroom 1.5 Bath2BR,1BA$1,152

Best Value Apartments for Rent in Machesney Park, IL and Nearby

As of August 08, 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
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.20
Windsor Apartment1 Bed 1 Bath1BR,1BA$1.66
Park Towers ApartmentsOne Bedroom1BR,1BA$1.75

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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Frequently Asked Questions about Machesney Park

What type of rentals are currently available in Machesney Park?

There are currently 78 Apartments for Rent in Machesney Park, IL with pricing that ranges from $975 to $3,551. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Machesney Park ranging from $1,000 to $2,995.

What is the current price range for Rental Homes in Machesney Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Machesney Park ranges from $1,000 to $2,995 with an average monthly rent of $1,775.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.