
Cheap Apartments for Rent in the Lincoln Hills Neighborhood of McHenry, IL from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Hills area of McHenry.


101 S Lily Lake Rd

Garden Quarter Apartments

Total Monthly Price
4408 W Shamrock Ln, Unit 2D

913-913 3rd St

The Blake at Fox River
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.

902 3rd St

3705 James St, Unit 2F

902 3rd St

Southgate Apartments

Riverside Apartments

Fawn Ridge Apartments
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.

The Greens Of Irish Prairie

3929 Main St

Concord Manor

James Street Properties LLC

Taylor Place

813 Rand Rd, Unit 1
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.

Berkshire Johnsburg Senior Community 55+
Lincoln Hills, McHenry, IL Local Guide

How much does it cost to rent an apartment in Lincoln Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Hills Studio Apartments | $1,489 | $1,413 | $1,536 |
| Lincoln Hills 1 Bedroom Apartments | $1,455 | $576 | $2,000 |
| Lincoln Hills 2 Bedroom Apartments | $1,854 | $1,325 | $2,250 |
| Lincoln Hills 3 Bedroom Apartments | $2,687 | $1,950 | $4,935 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Lincoln Hills Neighborhood of McHenry, IL.
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Lincoln Hills, McHenry, IL Local Guide
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Cheapest Available Lincoln Hills Apartments for Rent
 The cheapest available apartment rental in the Lincoln Hills area of McHenry, IL is a 1 Bed unit found at McHenry Commons priced from $576. Fawn Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Lincoln Hills apartments for rent in McHenry, IL:
| 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 |
| The Blake at Fox River | Ellory | 1BR,1BA | $1,500 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1,900 |
Best Value Apartments for Rent in Lincoln Hills, IL
As of July 12, 2026 the best value apartment in the Lincoln Hills 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 Lincoln Hills apartment is the 2 Bedroom Townhome Model at Tuckaway Townhomes starting at $1,900 with a $2.06 price per square foot in the Lincoln Hills neighborhood. Here is today’s list of the best values for Lincoln Hills 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 |
| Tuckaway Townhomes | 2 Bedroom Townhome | 2BR,2BA | $2.06 |
| McHenry Commons | Sugar Maple - 60% AMI | 1BR,1BA | $1.70 |
| Concord Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.07 |
| Fawn Ridge Apartments | Valley View | 1BR,1BA | $1.81 |
| The Blake at Fox River | Ellory | 1BR,1BA | $2.25 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Illinois including Lincoln Hills, McHenry, and the greater McHenry area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lincoln Hills Apartments
What is the price of a cheap apartment in Lincoln Hills?
The cheapest apartment in Lincoln Hills is McHenry Commons which is listed at $576, while the average apartment in Lincoln Hills costs $2,185.
What types of apartments are the cheapest in Lincoln Hills?
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 7 regular apartments in Lincoln Hills 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

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.