Cheap Homes for Rent in Marengo, IL from $1,000 (5 Rentals)

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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.

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.

Marengo, IL Local Guide

Cheapest Neighborhoods for Apartments in Marengo, IL

Pricing Updated: 11/30/2025

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$1,475$1,1502

Cheapest Available Marengo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Marengo, IL is a 2 Beds unit found at Pearl Place Apartments priced from $845. Northfield Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,101. Here is today’s list of the most affordable Marengo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pearl Place ApartmentsTwo Bedroom2BR,1BA$845
Northfield CourtValley View1BR,1BA$1,101
Marengo Woods1BR/1BA1BR,1BA$1,150

Best Value Apartments for Rent in Marengo, IL and Nearby

As of November 30, 2025 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 Large One Bedroom/Den Model at The Villas At Patriot Estates starting at $1,915 with a $1.14 price per square foot in the Lincoln Hills 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
The Villas At Patriot EstatesLarge One Bedroom/Den1BR,2.5BA$1.14
Enclave Crystal Lake Townhomes and ApartmentsTH-A2BR,2.5BA$1.83
Redwood Crystal LakeHaydenwood Sunroom2BR,2BA$1.76
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Pearl Place ApartmentsTwo Bedroom2BR,1BA$0.76
Residence of Fairway GreensFGB2 Two Bed One Bath2BR,1BA$1.82
Darlington Court Apartments2 Bedroom/2 Bath2BR,2BA$1.71
Northfield CourtSummit1BR,1BA$1.57
Marengo Woods1BR/1BA1BR,1BA$1.92

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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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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Pet Friendly Lifestyle

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Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

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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 $1,050 to $3,700.

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 $1,050 to $3,700 with an average monthly rent of $2,241.

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 $1,850 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,350 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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.