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Rental Market Trends in Machesney Park, IL

What is the average rent in Machesney Park, IL?

$895/month

Average Rent

953 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of March 2026, the average rent in Machesney Park, IL is $895 per month. This is 45% lower than the national average rent of $1,626/month, making renting in Machesney Park more affordable than most cities in the US. When you rent an apartment in Machesney Park, you can expect to pay about per month for a studio, $895 for a one-bedroom apartment, and around $1,004 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,775 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$895/month
953 Sq Ft
Two Bedroom
$1,004/month
607 Sq Ft
Three Bedroom
$1,775/month
1,228 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,665/month
776 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Machesney Park, IL?

In the past year, rent has increased by 1.1%, which averages out to $10 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Machesney Park, IL
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Machesney Park, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Machesney Park, IL?

Because the average rent in Machesney Park is $895, you’ll want to make about $2,983 per month or $35,796 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Machesney Park, IL

16 Available Apartments for Rent

Search for Nearby Apartments

How does Machesney Park, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Machesney Park, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Machesney Park, IL

Apartment Averages

Nearby City Rent Trends

  • Loves Park Average Rent
  • South Beloit Average Rent
  • Rockford Average Rent

Apartment communities in Machesney Park we think you'll love

The Haven at Willow Creek

The Haven at Willow Creek

1010-1040 Minns Dr,
Machesney Park, IL 61115

$1,700 - $1,850

3 Beds

1415 Hackberry Ln

1415 Hackberry Ln

1415 Hackberry Ln,
Machesney Park, IL 61115

$1,700

3 Beds

6209 Pleasant Ave

6209 Pleasant Ave

6209 Pleasant Ave,
Loves Park, IL 61111

$1,800 Total Monthly Price

4 Beds

5128 Zenith Pky

5128 Zenith Pky

5128 Zenith Pky,
Machesney Park, IL 61115

$1,050 Total Monthly Price

1 Bed | 24 Month Lease

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United States Illinois Machesney Park Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity