
Cheap Homes for Rent in McHenry, IL from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in McHenry.


126 Washington St

4314 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.

531 Leah Ln, Unit 2A

46 N Lake Ave

651 S Virginia Rd
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.

1813 W Edward Ct
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 | $2,152 | $1,500 | $3,197 |
| McHenry 3 Bedroom Homes for Rent | $2,604 | $2,200 | $3,000 |
| McHenry 4 Bedroom Homes for Rent | $3,071 | $2,350 | $4,200 |
| McHenry 5 Bedroom Homes for Rent | $2,650 | $1,600 | $3,700 |
Browse Top Homes for Rent in McHenry
Explore McHenry
McHenry, IL Local Guide
- McHenry Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in McHenry, IL
Pricing Updated: 04/16/2026Current apartment rentals in the McHenry, IL area range in price from $588 to $5,131 with an overall median price of $2,265. The three McHenry neighborhoods with the lowest median rent pricing are White Oak at $1,199, The Oaks at Irish Praire at $1,261, and Lincoln Hills at $588. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for McHenry Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| White Oak | $1,799 | $1,199 | 6 |
| The Oaks at Irish Praire | $1,850 | $1,261 | 2 |
| Lincoln Hills | $2,037 | $588 | 12 |
| Morgan Hill Mews | $2,274 | $588 | 9 |
| Liberty Square | $3,365 | $588 | 5 |
Cheapest Available McHenry Apartments for Rent and Nearby
 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. Tuckaway Townhomes in the Lincoln Hills neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,562. Here is today’s list of the most affordable McHenry apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,425 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1,562 |
| The Blake at Fox River | Sheffield Terrrace | 2BR,2BA | $1,873 |
Best Value Apartments for Rent in McHenry, IL and Nearby
As of April 16, 2026 the best value apartment in the McHenry area is the $1.47 price per square foot One bedroom/long den Model at The Villas At Patriot Estates in the in the Lincoln Hills neighborhood starting from $1,972. The second greatest value McHenry apartment is the 1117 Rocky Beach Rd Model at 1117 Rocky Beach Rd, Unit A Coach House starting at $2,495 with a $2.00 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. |
|---|---|---|---|
| The Villas At Patriot Estates | One bedroom/long den | 1BR,2.5BA | $1.47 |
| 1117 Rocky Beach Rd, Unit A Coach House | 1117 Rocky Beach Rd | 2BR,1.5BA | $2.00 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.82 |
| The Blake at Fox River | Sheffield Terrrace | 2BR,2BA | $1.92 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.70 |
| Concord Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
McHenry Middle 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 $588 to $26,894. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in McHenry ranging from $1,295 to $4,200.
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 $1,295 to $4,200 with an average monthly rent of $2,372.
How much are larger Three and Four Bedroom Rentals in McHenry?
For those who are looking for larger living arrangements, Three Bedroom Apartments in McHenry range from $1,600 to $7,952, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $10,000.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.

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.