
Cheap Homes for Rent in McHenry, IL from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in McHenry.


813 Rand Rd, Unit 1

330 Leah Ln

4312 W Shamrock Ln
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.

3929 Main St

3004 Michael St

902 3rd St

3705 James St, Unit 2F
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.

3607 Waukegan Rd
McHenry, IL Local Guide

How much does it cost to rent a home in McHenry?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| McHenry 2 Bedroom Homes for Rent | $2,133 | $1,495 | $3,197 |
| McHenry 3 Bedroom Homes for Rent | $2,519 | $1,395 | $3,000 |
| McHenry 4 Bedroom Homes for Rent | $3,477 | $2,500 | $4,800 |
Browse Top Homes for Rent in McHenry
Explore McHenry
McHenry, IL Local Guide
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Cheapest Neighborhoods for Apartments in McHenry, IL
Pricing Updated: 07/15/2026Current apartment rentals in the McHenry, 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 McHenry Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Liberty Square | $1,972 | $576 | 5 |
| The Oaks at Irish Praire | $1,973 | $1,254 | 4 |
| Lincoln Hills | $2,185 | $576 | 17 |
| Morgan Hill Mews | $2,185 | $576 | 13 |
Cheapest Available McHenry Apartments for Rent
 The cheapest available apartment rental in McHenry, IL is a 1 Bed unit found at McHenry Commons in the Lincoln Hills neighborhood priced from $576. Fawn Ridge Apartments in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here is today’s list of the most affordable McHenry apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McHenry Commons | Sugar Maple - 30% AMI | 1BR,1BA | $576 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1,220 |
| Concord Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,425 |
Best Value Apartments for Rent in McHenry, IL
As of July 16, 2026 the best value apartment in the McHenry area is the $1.82 price per square foot Residence #5, 6, 7 and 8 (Plus Den) Model at River Place in the in the Lincoln Hills neighborhood starting from $2,000. The second greatest value McHenry apartment is the Hornbeam - 60% AMI Model at McHenry Commons starting at $1,512 with a $1.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| McHenry Commons | Hornbeam - 60% AMI | 2BR,2BA | $1.46 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $2.06 |
| The Blake at Fox River | Sterling | 1BR,1BA | $2.23 |
| Concord Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.07 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| 4408 W Shamrock Ln, Unit 2D | 4408 W Shamrock Ln | 1BR,1BA | $2.86 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Mchenry, IL
McHenry High School-West Campus
Parkland School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mchenry, IL Rentals by Map
See the most popular apartments and homes in Mchenry, IL
Frequently Asked Questions about McHenry
What type of rentals are currently available in McHenry?
There are currently 44 Apartments for Rent in McHenry, IL with pricing that ranges from $576 to $5,250. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in McHenry ranging from $950 to $4,800.
What is the current price range for Rental Homes in McHenry?
Today's rental pricing for Homes for Rent, Condos and Townhomes in McHenry ranges from $950 to $4,800 with an average monthly rent of $2,294.
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.