Cheap Apartments for Rent in McHenry, IL from $975 (19 Rentals)

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

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4408 W Shamrock Ln, Unit 2D
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

4408 W Shamrock Ln, Unit 2D

4408 W Shamrock LnMcHenry, IL 60050
Affordability
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Oak Aprtments
1 to 2 Bedroom Apartments

Oak Aprtments

4010-4019 Oak AveMcHenry, IL 60050
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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
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Fawn Ridge Apartments
1 to 3 Bedroom Apartments

Fawn Ridge Apartments

1941 N Orleans StMcHenry, IL 60050
  • Utilities Included
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Riverside Apartments
Studio to 1 Bedroom Apartments

Riverside Apartments

3308-3309 W Elm StMcHenry, IL 60050
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Concord Manor
2 Bedroom Apartments

Concord Manor

3605 James StMcHenry, IL 60050
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

McHenry, IL Local Guide

Cheapest Neighborhoods for Apartments in McHenry, IL

Pricing Updated: 08/26/2026

Current apartment rentals in the McHenry, IL area range in price from $975 to $5,250 with an overall median price of $1,885. The three McHenry neighborhoods with the lowest median rent pricing are White Oak at $1,829, Morgan Hill Mews at $1,869, and Lincoln Hills at $1,875. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for McHenry Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
White Oak$1,829$9755
Morgan Hill Mews$1,869$1,19915
Lincoln Hills$1,875$1,19916
The Oaks at Irish Praire$1,895$1,2547
Liberty Square$1,972$1,1997

Cheapest Available McHenry Apartments for Rent

 

The cheapest available apartment rental in McHenry, IL is a 1 Bed unit found at Fawn Ridge Apartments in the Lincoln Hills neighborhood priced from $1,220. 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
Fawn Ridge ApartmentsValley View1BR,1BA$1,220
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$1,425
McHenry CommonsHackberry - 60% AMI2BR,2BA$1,512
The Blake at Fox RiverEllory Terrace1BR,1BA$1,609
The Residences of Fox MeadowsThe Bluebell1BR,1BA$1,685

Best Value Apartments for Rent in McHenry, IL

As of August 26, 2026 the best value apartment in the McHenry area is the $1.17 price per square foot Large One Bedroom/Den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value McHenry apartment is the 1117 Rocky Beach Rd Model at 1117 Rocky Beach Rd, Unit A Coach House starting at $2,295 with a $1.84 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 EstatesLarge One Bedroom/Den1BR,2.5BA$1.17
1117 Rocky Beach Rd, Unit A Coach House1117 Rocky Beach Rd2BR,1.5BA$1.84
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
McHenry CommonsHackberry - 60% AMI2BR,2BA$1.40
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$2.06
The Residences of Fox MeadowsThe Bluebell1BR,1BA$1.89
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$2.07
4408 W Shamrock Ln, Unit 2D4408 W Shamrock Ln1BR,1BA$1.78
Fawn Ridge ApartmentsValley View1BR,1BA$1.81
5300 W Orchard Dr, Unit 15300 W Orchard Dr1BR,1BA$1.63

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cheap McHenry Apartments

What is the price of a cheap apartment in McHenry?

The cheapest apartment in McHenry is Fawn Ridge Apartments which is listed at $1,220, while the average apartment in McHenry costs $1,885.

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 5 regular apartments in McHenry that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.