Cheap Homes for Rent in McHenry, IL from $900 (9 Rentals)

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

property at 813 Rand Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

813 Rand Rd, Unit 1

813 Rand Rd
LakemoorIL60051

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.

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McHenry, IL Local Guide

Cheapest Neighborhoods for Apartments in McHenry, IL

Pricing Updated: 07/15/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Liberty Square$1,972$5765
The Oaks at Irish Praire$1,973$1,2544
Lincoln Hills$2,185$57617
Morgan Hill Mews$2,185$57613

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 ListingModel NameBed/BathPriced From
McHenry CommonsSugar Maple - 30% AMI1BR,1BA$576
Fawn Ridge ApartmentsValley View1BR,1BA$1,220
Concord Manor2 Bedrooms, 1 Bathroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
McHenry CommonsHornbeam - 60% AMI2BR,2BA$1.46
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$2.06
The Blake at Fox RiverSterling1BR,1BA$2.23
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$2.07
Fawn Ridge ApartmentsValley View1BR,1BA$1.81
4408 W Shamrock Ln, Unit 2D4408 W Shamrock Ln1BR,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.

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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 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

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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.

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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.

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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.

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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.