
Cheap Homes for Rent in Marengo, IL from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Marengo.


301 N Madison St

11808 Coral St

322 W Railroad St
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.

501 Leah Ln

423 Berkshire Dr

510 Timber Dr

15601 W South Street Rd
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.
Marengo, IL Local Guide

How much does it cost to rent a home in Marengo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Marengo 2 Bedroom Homes for Rent | $1,849 | $1,300 | $2,340 |
Marengo 3 Bedroom Homes for Rent | $2,569 | $2,200 | $2,900 |
Marengo 4 Bedroom Homes for Rent | $4,100 | $3,900 | $4,300 |
Marengo 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Marengo
Explore Marengo
Marengo, IL Local Guide
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Cheapest Neighborhoods for Apartments in Marengo, IL
Pricing Updated: 10/16/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Deerpass | $1,475 | $1,150 | 2 |
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 1 Bed apartment currently listed from $702. Here is today’s list of the most affordable Marengo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Millbrook Townhomes | A 30 | 2BR,1BA | $491 |
Pearl Place Apartments | One Bedroom | 1BR,1BA | $702 |
Northfield Court | Valley View | 1BR,1BA | $1,101 |
Best Value Apartments for Rent in Marengo, IL and Nearby
As of October 16, 2025 the best value apartment in the Marengo area is the $1.61 price per square foot Gregory End Model at Terrabrook at Prairie Ridge in the starting from $2,950. The second greatest value Marengo apartment is the Willowood Model at Redwood Crystal Lake starting at $2,783 with a $2.02 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Marengo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrabrook at Prairie Ridge | Gregory End | 4BR,2.5BA | $1.61 |
Redwood Crystal Lake | Willowood | 2BR,2BA | $2.02 |
Millbrook Townhomes | A 30 | 2BR,1.5BA | $0.36 |
1012-1070 Turin | 2BR/2.0BA | 2BR,2BA | $1.80 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1.5BA | $1.90 |
Pearl Place Apartments | One Bedroom | 1BR,1BA | $0.89 |
Northfield Court | Summit | 1BR,1BA | $1.57 |
Willow Brooke | One Bedroom | 1BR,1BA | $1.84 |
Marengo Woods | 1BR/1BA | 1BR,1BA | $1.92 |
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Best Local Schools in Marengo, IL
Locust Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Marengo
What type of rentals are currently available in Marengo?
There are currently 57 Apartments for Rent in Marengo, IL with pricing that ranges from $491 to $3,867. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Marengo ranging from $1,300 to $4,300.
What is the current price range for Rental Homes in Marengo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Marengo ranges from $1,300 to $4,300 with an average monthly rent of $2,336.
How much are larger Three and Four Bedroom Rentals in Marengo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Marengo range from $568 to $3,867, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $2,900. Four Bedroom Single-Family rentals are also available starting from $3,900 and Four Bedroom Apartments start at $2,950.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.