Cheap Apartments for Rent in McHenry, IL from $1,100 (20 Rentals)

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

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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Riverside Apartments
Studio to 1 Bedroom Apartments

Riverside Apartments

3308-3309 W Elm StMcHenry, IL 60050
Corporate Housing
  • Utilities Included
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Concord Manor
2 Bedroom Apartments

Concord Manor

3605 James StMcHenry, IL 60050
  • Utilities Included

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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Oak Aprtments
1 to 2 Bedroom Apartments

Oak Aprtments

4010-4019 Oak AveMcHenry, IL 60050
  • Utilities Included
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3816 Main St
1 Bedroom Apartments

3816 Main St

3816 Main StMcHenry, IL 60050
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4301 Sioux Ln
2 to 3 Bedroom Apartments

4301 Sioux Ln

4301 Sioux LnMcHenry, IL 60050

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.

McHenry, IL Local Guide

Cheapest Neighborhoods for Apartments in McHenry, IL

Pricing Updated: 10/10/2025

Current apartment rentals in the McHenry, IL area range in price from $1,199 to $3,006 with an overall median price of $1,920. The three McHenry neighborhoods with the lowest median rent pricing are The Oaks at Irish Praire at $1,261, White Oak at $1,199, and Lincoln Hills at $1,199. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for McHenry Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
The Oaks at Irish Praire$1,728$1,2616
White Oak$1,800$1,1997
Lincoln Hills$2,000$1,19925
Morgan Hill Mews$2,000$1,19925
Liberty Square$2,075$1,1997

Cheapest Available McHenry Apartments for Rent

 

The cheapest available apartment rental in McHenry, IL is a 1 Bed unit found at Taylor Place in the Lincoln Hills neighborhood priced from $1,241. Concord Manor in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here is today’s list of the most affordable McHenry apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Taylor Place1br 1ba1BR,1BA$1,241
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$1,425
The Blake at Fox RiverEllory Terrace1BR,1BA$1,500
The Villas At Patriot EstatesOne bedroom/long den1BR,2BA$1,915
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1,950

Best Value Apartments for Rent in McHenry, IL

As of October 10, 2025 the best value apartment in the McHenry area is the $1.42 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,915. The second greatest value McHenry apartment is the Residence #5, 6, 7 and 8 (Plus Den) Model at River Place starting at $1,950 with a $1.77 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for McHenry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.77
Taylor Place1br 1ba1BR,1BA$1.69
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$2.07
The Blake at Fox RiverEllory Terrace1BR,1BA$2.31
4314 W Shamrock Ln, Unit 3D4314 W Shamrock Ln1BR,1BA$3.21

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around McHenry, IL

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap McHenry Apartments

What is a cheap apartment in McHenry?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in McHenry is under $1,950.

What is the price of a cheap apartment in McHenry?

The cheapest apartment in McHenry is Taylor Place which is listed at $1,241, while the average apartment in McHenry costs $1,920.

What types of apartments are the cheapest in McHenry?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in McHenry that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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! 

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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.

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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.