Cheap Homes for Rent in Mackinaw, IL from $600 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Mackinaw.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Mackinaw, IL Local Guide

Cheapest Available Mackinaw Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mackinaw, IL is a 1 Bed unit found at Morton Estates priced from $408. Colonial Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Mackinaw apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Morton Estates1 Bedroom1BR,1BA$408
Colonial Village1 Bedroom1BR,1BA$625
The Avenue Apartments1B/ 1BA1BR,1BA$650
Willow Oaks ApartmentsOne Bedroom1BR,1BA$760
Williamsburg TownhousesOne Bedroom1BR,1BA$795

Best Value Apartments for Rent in Mackinaw, IL and Nearby

As of December 24, 2025 the best value apartment in the Mackinaw area is the $1.22 price per square foot 3 Beds, 2.5 baths Model at Chelsea Townhouses in the starting from $1,950. The second greatest value Mackinaw apartment is the Sunset Hills Model at Sunset Hills Apartments starting at $925 with a $0.71 price per square foot . Here is today’s list of the best values for Mackinaw apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chelsea Townhouses3 Beds, 2.5 baths3BR,2.5BA$1.22
Sunset Hills ApartmentsSunset Hills3BR,2BA$0.71
Cedar Creek Apartments2x22BR,2BA$1.16
Harvest View2/2 First Floor2BR,2BA$1.20
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Stonecrest2 Bedroom2BR,1BA$1.17
Willow Oaks ApartmentsOne Bedroom1BR,1BA$1.04
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Colonial Village1 Bedroom1BR,1BA$1.14

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Mackinaw, IL Rentals by Map

View Map
Mackinaw, IL Apartments Map
View Map
Mackinaw, IL Rental Homes Map

Frequently Asked Questions about Mackinaw

What type of rentals are currently available in Mackinaw?

There are currently 46 Apartments for Rent in Mackinaw, IL with pricing that ranges from $408 to $2,500. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mackinaw ranging from $629 to $4,000.

What is the current price range for Rental Homes in Mackinaw?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mackinaw ranges from $629 to $4,000 with an average monthly rent of $1,399.

How much are larger Three and Four Bedroom Rentals in Mackinaw?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mackinaw range from $925 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $695 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,370 and Four Bedroom Apartments start at $1,000.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.