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Rental Market Trends in Machesney Park, IL

Updated July 2026

The average rent in Machesney Park, IL is $898/month.

Rent in Machesney Park is 46% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$898/month

Average Rent

953 Sq Ft

Average Size

+1.1%

Change / Year

8

Available Apartments

Machesney Park rent varies by unit size and layout:

  • Studio apartments in Machesney Park average per month.
  • One-bedroom apartments in Machesney Park average $898 per month.
  • Two-bedroom apartments in Machesney Park average $1,008 per month.
  • Three-bedroom apartments in Machesney Park average $1,700 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$898/month
953 Sq Ft
Two Bedroom
$1,008/month
607 Sq Ft
Three Bedroom
$1,700/month
1,228 Sq Ft
View Machesney Park Apartments

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

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Machesney Park, IL

July 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 $898, you’ll want to make about $2,993 per month or $35,916 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

8 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.

View the Machesney Park Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • South Beloit

    South Beloit

  • Beloit

    Beloit

Apartment Communities in Machesney Park We Think You'll Love

8325 Delta Dr

8325 Delta Dr

8325 Delta Dr,
Machesney Park, IL 61115

2 Beds | $1,300

The Haven at Willow Creek

The Haven at Willow Creek

1010-1040 Minns Dr,
Machesney Park, IL 61115

3 Beds | $1,700

Park Towers Apartments

Park Towers Apartments

540 Clifford Ave,
Loves Park, IL 61111

1 Bed | $1,015

7205 Rogers St

7205 Rogers St

7205 Rogers St,
Machesney Park, IL 61115

3 Beds | $1,900

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Frequently Asked Questions

What is the average rent in Machesney Park?

The average rent in Machesney Park is $898 per month, which is 46.0% lower than the national average of $1,663.

Are rents going up or down in Machesney Park?

Rents in Machesney Park, IL are increasing, with prices up 1.1% year-over-year and $10 more per month.

What rent range is most common in Machesney Park?

In Machesney Park, IL, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity