Cheap Homes for Rent in Mackinaw, IL from $500 (7 Rentals)

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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.

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

Best Value Apartments for Rent in Mackinaw, IL and Nearby

As of September 06, 2025 the best value apartment in the Mackinaw area is the $1.16 price per square foot 2x2 Model at Cedar Creek Apartments in the starting from $1,395. The second greatest value Mackinaw apartment is the 2 Bedroom 2 Bathroom Model at The Atworth starting at $1,490 with a $1.35 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.
Cedar Creek Apartments2x22BR,2BA$1.16
The Atworth2 Bedroom 2 Bathroom2BR,2BA$1.35
Woodfield Queenwood ApartmentsTwo Bedrooms- Woodfield2BR,1BA$1.08
The Mallard Way Rental Community1 bed 1 bath1BR,1BA$1.22
Traditions BloomingtonOne Bedroom - Market1BR,1BA$1.29
Morton Estates2 Bedroom2BR,1BA$1.36
Willow Oaks ApartmentsOne Bedroom1BR,1BA$1.04
The Avenue Apartments1B/ 1BA1BR,1BA$1.06
Civic Center Plaza ApartmentsStudioStudio ,1BA$1.34
Colonial Village1 Bedroom1BR,1BA$1.14

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

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Frequently Asked Questions about Mackinaw

What type of rentals are currently available in Mackinaw?

There are currently 45 Apartments for Rent in Mackinaw, IL with pricing that ranges from $408 to $2,400. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mackinaw ranging from $550 to $2,900.

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 $550 to $2,900 with an average monthly rent of $1,130.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.