Cheap Apartments for Rent in the Lincoln Hills Neighborhood of McHenry, IL from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln Hills area of McHenry.

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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Oak Aprtments
1 to 2 Bedroom Apartments

Oak Aprtments

4010-4019 Oak AveMcHenry, IL 60050
  • Utilities Included
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4301 Sioux Ln
2 to 3 Bedroom Apartments

4301 Sioux Ln

4301 Sioux LnMcHenry, IL 60050
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3816 Main St
1 Bedroom Apartments

3816 Main St

3816 Main StMcHenry, IL 60050
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Riverside Apartments
Studio to 1 Bedroom Apartments

Riverside Apartments

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

Concord Manor

3605 James StMcHenry, 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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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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Showing Results 1-18, Page 1 of 1

Lincoln Hills, McHenry, IL Local Guide

Cheapest Available Lincoln Hills Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Hills area of McHenry, IL is a 2 Beds unit found at Concord Manor priced from $1,425. The Blake at Fox River has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,554. Here are the most affordable Lincoln Hills apartments for rent in McHenry, IL:

Apartment ListingModel NameBed/BathPriced From
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$1,425
The Blake at Fox RiverEllory Terrace1BR,1BA$1,554
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1,562
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$2,000

Best Value Apartments for Rent in Lincoln Hills, IL

As of May 28, 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 $1,562 with a $1.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.82
Tuckaway Townhomes2 Bedroom Townhome2BR,2BA$1.70
Concord Manor2 Bedrooms, 1 Bathroom2BR,1BA$2.07
The Blake at Fox RiverEllory Terrace1BR,1BA$2.39

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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Quick 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.

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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 The Blake at Fox River which is listed at $1,554, while the average apartment in Lincoln Hills costs $30,368.

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 2 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.