Cheap Apartments for Rent in McHenry, IL from $500 (19 Rentals)

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Oak Aprtments
1 to 2 Bedroom Apartments

Oak Aprtments

4010-4019 Oak AveMcHenry, 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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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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Riverside Apartments
Studio to 1 Bedroom Apartments

Riverside Apartments

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

Concord Manor

3605 James StMcHenry, IL 60050
  • Utilities Included

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

McHenry, IL Local Guide

Cheapest Neighborhoods for Apartments in McHenry, IL

Pricing Updated: 02/25/2026

Current apartment rentals in the McHenry, IL area range in price from $900 to $4,500 with an overall median price of $2,709. The three McHenry neighborhoods with the lowest median rent pricing are Liberty Square at $1,295, Morgan Hill Mews at $1,295, and White Oak at $1,295. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for McHenry Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Liberty Square$1,325$1,2953
Morgan Hill Mews$1,325$1,2953
White Oak$2,499$1,2958
Lincoln Hills$3,900$9001
The Oaks at Irish Praire$4,500$90010

Cheapest Available McHenry Apartments for Rent

 

The cheapest available apartment rental in McHenry, IL is a 2 Beds unit found at Concord Manor in the Lincoln Hills neighborhood priced from $1,425. The Blake at Fox River in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,490. Here is today’s list of the most affordable McHenry apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$1,425
The Blake at Fox RiverEllory Terrace1BR,1BA$1,490
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1,562
The Villas At Patriot EstatesTwo Bedroom/2.5 Bath2BR,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 February 25, 2026 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
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$2.07
The Blake at Fox RiverEllory1BR,1BA$2.33
4314 W Shamrock Ln, Unit 3D4314 W Shamrock Ln1BR,1BA$3.21

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about Cheap McHenry Apartments

How much is rent for a Cheap One Bedroom McHenry Apartment?

The lowest price for a Cheap One Bedroom McHenry Apartment is $1,490 at The Blake at Fox River.

What is the lowest price for a Cheap Two Bedroom McHenry Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in McHenry is starting from $1,425 at Concord Manor.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.