Cheap Apartments for Rent in Marengo, IL from $400 (31 Rentals)

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

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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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.

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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.

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Millbrook Townhomes
2 to 3 Bedroom Apartments

Millbrook Townhomes

1754 Millbrook LaneCherry Valley, IL 61016

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.

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property at 858 Clay St

$1,675

2 Bedroom Rentals

Available Now

858 Clay St

WoodstockIL60098
Showing Results 1-31, Page 1 of 1

Marengo, IL Local Guide

Cheapest Neighborhoods for Apartments in Marengo, IL

Pricing Updated: 04/22/2026

Current apartment rentals in the Marengo, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Marengo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Deerpass$2,195$2,1951

Cheapest Available Marengo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Marengo, IL is a 2 Beds unit found at Millbrook Townhomes in the Outer South Rockford neighborhood priced from $491. Pearl Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $893. Here is today’s list of the most affordable Marengo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Millbrook TownhomesA 302BR,1BA$491
Pearl Place ApartmentsTwo Bedroom2BR,1BA$893
Northfield CourtValley View1BR,1BA$1,134
Silver Creek Apartments1 Bedroom1BR,1BA$1,149
Marengo Woods1BR/1BA1BR,1BA$1,185
Willow BrookeOne Bedroom1BR,1BA$1,280
Patriot Prairie of Woodstock1X11BR,1BA$1,355
The Paths of Walnut Ridge2 Bed/2 Bath Split2BR,2BA$1,530
Springs at Three OaksSGO | Studio Grand OverlookStudio,1BA$1,557
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635

Best Value Apartments for Rent in Marengo, IL and Nearby

As of April 22, 2026 the best value apartment in the Marengo area is the $1.37 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,500. The second greatest value Marengo apartment is the A 3x2.5 Model at Millbrook Townhomes starting at $1,263 with a $0.87 price per square foot in the Outer South Rockford neighborhood. Here is today’s list of the best values for Marengo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.37
Millbrook TownhomesA 3x2.53BR,2.5BA$0.87
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.47
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Pearl Place ApartmentsTwo Bedroom2BR,1BA$0.81
WoodcreekApt B2BR,2BA$1.60
Patriot Prairie of Woodstock2X12BR,1BA$1.79
Northfield CourtSummit1BR,1BA$1.62
Willow BrookeOne Bedroom1BR,1BA$1.90
Silver Creek Apartments1 Bedroom1BR,1BA$1.70

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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.

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Best Local Schools in
Marengo, IL

School data provided by Great Schools

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Location, Location, Location!

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Frequently Asked Questions about Cheap Marengo Apartments

What is the Cheapest Studio apartment in Marengo?

Currently the most affordable Cheap Studio Apartment in Marengo is at Springs at Three Oaks listed at $1,557.

How much is rent for a Cheap One Bedroom Marengo Apartment?

The lowest price for a Cheap One Bedroom Marengo Apartment is $1,134 at Northfield Court.

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

Today's best deal for a Cheap Two Bedroom Apartment in Marengo is starting from $491 at Millbrook Townhomes.

What is the most affordable Marengo Three Bedroom Apartment?

The best deal on a cheap Marengo Three Bedroom Apartment rental is at Millbrook Townhomes and starts from $1,263.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.