Cheap Homes for Rent in Marengo, IL from $1,300 (8 Rentals)

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property at 11808 Coral St

11808 Coral St

HuntleyIL60142

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.

property at 510 Timber Dr

510 Timber Dr

HarvardIL60033

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

Cheapest Neighborhoods for Apartments in Marengo, IL

Pricing Updated: 10/16/2025

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 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 ListingModel NameBed/BathPriced From
Millbrook TownhomesA 302BR,1BA$491
Pearl Place ApartmentsOne Bedroom1BR,1BA$702
Northfield CourtValley View1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Terrabrook at Prairie RidgeGregory End4BR,2.5BA$1.61
Redwood Crystal LakeWillowood2BR,2BA$2.02
Millbrook TownhomesA 302BR,1.5BA$0.36
1012-1070 Turin2BR/2.0BA2BR,2BA$1.80
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Residence of Fairway GreensCB121.5 Two Bed One and One half bath2BR,1.5BA$1.90
Pearl Place ApartmentsOne Bedroom1BR,1BA$0.89
Northfield CourtSummit1BR,1BA$1.57
Willow BrookeOne Bedroom1BR,1BA$1.84
Marengo Woods1BR/1BA1BR,1BA$1.92

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Pet Friendly Lifestyle

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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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 $1,300 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.

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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! 

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.