
Cheap Homes for Rent in Machesney Park, IL from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Machesney Park.


2915 Park Terrace Dr, Unit 3

408 S Gardiner Ave

2915 Sherman Ave

314 N Longwood 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.

912 Furman St

714 Albert Ave

2403 Elm St

2019 Overdene Ave

1425 Evans 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.

1823 Overdene Ave

905 N Winnebago St

1804 Latham St

904 Oakley Ave

5315 Garden Plain Ave
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.

418 Orchard Park

903 Anna Ave
Machesney Park, IL Local Guide

How much does it cost to rent a home in Machesney Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Machesney Park 2 Bedroom Homes for Rent | $1,389 | $1,000 | $1,800 |
| Machesney Park 3 Bedroom Homes for Rent | $1,865 | $1,400 | $2,800 |
| Machesney Park 4 Bedroom Homes for Rent | $1,825 | $1,475 | $2,900 |
| Machesney Park 5 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
Browse Top Homes for Rent in Machesney Park
Explore Machesney Park
Machesney Park, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Windsor Apartment | 1 Bed 1 Bath | 1BR,1BA | $995 |
| Park Towers Apartments | One Bedroom | 1BR,1BA | $1,015 |
| Riverside Apartments- Upcoming Open Houses! | Studio with washer and dryer | 1BR,1BA | $1,045 |
| The Haven at Willow Creek | 3BR/2.0BA | 3BR,2BA | $1,700 |
Best Value Apartments for Rent in Machesney Park, IL and Nearby
As of June 22, 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 1910 Maple Ave Model at 1910 Maple Ave, Unit 1920 starting at $1,300 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Haven at Willow Creek | 3BR/2.0BA | 3BR,2BA | $1.38 |
| 1910 Maple Ave, Unit 1920 | 1910 Maple Ave | 2BR,1BA | $1.44 |
| 5905 Walker Ave, Unit #3 | 5905 Walker Ave | 2BR,1BA | $1.29 |
| Riverside Apartments- Upcoming Open Houses! | Studio with washer and dryer | 1BR,1BA | $1.61 |
| Windsor Apartment | 1 Bed 1 Bath | 1BR,1BA | $1.66 |
| Park Towers Apartments | One Bedroom | 1BR,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.
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 Machesney Park, IL Rentals by Map
See the most popular apartments and homes in Machesney Park, IL
Frequently Asked Questions about Machesney Park
What type of rentals are currently available in Machesney Park?
There are currently 77 Apartments for Rent in Machesney Park, IL with pricing that ranges from $995 to $4,095. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Machesney Park ranging from $1,000 to $2,900.
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 $2,900 with an average monthly rent of $1,734.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.