
Cheap Homes for Rent in Mcdonough County, IL from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Mcdonough County.

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.

518 W Murray St
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.

322 S Madison St
Mcdonough County, IL Local Guide

How much does it cost to rent a home in Mcdonough County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mcdonough County 2 Bedroom Homes for Rent | $840 | $730 | $950 |
| Mcdonough County 3 Bedroom Homes for Rent | $1,097 | $995 | $1,200 |
| Mcdonough County 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
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Best Value Apartments for Rent in Mcdonough County, IL
As of July 05, 2026 the best value apartment in the Mcdonough County area is the $0.85 price per square foot 3 BR / 2 BA Model at Creekside Park in the starting from $1,029. The second greatest value Mcdonough County apartment is the 4 Bedroom 2 Bath Model at Smith and Royer Apartments starting at $1,400 with a $1.46 price per square foot . Here is today’s list of the best values for Mcdonough County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Creekside Park | 3 BR / 2 BA | 3BR,2BA | $0.85 |
| Smith and Royer Apartments | 4 Bedroom 2 Bath | 4BR,2BA | $1.46 |
| 329 S Lafayette St, Unit 1 | 329 S Lafayette St | 1BR,1BA | $0.82 |
| Jefferson House Senior Living | 1 Bed/1 Bath | 1BR,1BA | $2.08 |
Frequently Asked Questions about Mcdonough County
What type of rentals are currently available in Mcdonough County?
There are currently 38 Apartments for Rent in Mcdonough County, IL with pricing that ranges from $390 to $1,650. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mcdonough County ranging from $595 to $1,800.
What is the current price range for Rental Homes in Mcdonough County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mcdonough County ranges from $595 to $1,800 with an average monthly rent of $1,098.
How much are larger Three and Four Bedroom Rentals in Mcdonough County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mcdonough County range from $950 to $1,165, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $600.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.