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Rental Market Trends in Marengo, IL

Updated August 2026

The average rent in Marengo, IL is $1,206/month.

Rent in Marengo is 28% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,206/month

Average Rent

712 Sq Ft

Average Size

+3.3%

Change / Year

8

Available Apartments

Marengo rent varies by unit size and layout:

  • Studio apartments in Marengo average per month.
  • One-bedroom apartments in Marengo average $1,206 per month.
  • Two-bedroom apartments in Marengo average $1,508 per month.
  • Three-bedroom apartments in Marengo average $1,709 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,206/month
712 Sq Ft
Two Bedroom
$1,508/month
981 Sq Ft
Three Bedroom
$1,709/month
1,284 Sq Ft
View Marengo Apartments

How much has average rent changed in Marengo, IL?

In the past year, rent has increased by 3.3%, which averages out to $40 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Marengo, IL

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Marengo, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Marengo is $1,206, you’ll want to make about $4,020 per month or $48,240 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

Marengo, IL

8 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Marengo, 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.

Apartment Averages

Compare Rent Trends Nearby

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

  • Huntley

    Huntley

    Avg Rent: $1,793/month

  • Woodstock

    Woodstock

    Avg Rent: $1,049/month

  • Genoa

    Genoa

    Avg Rent: $754/month

  • Belvidere

    Belvidere

    Avg Rent: $844/month

  • Lake In The Hills

    Lake In The Hills

    Avg Rent: $1,031/month

  • Crystal Lake

    Crystal Lake

    Avg Rent: $1,808/month

Apartment Communities in Marengo We Think You'll Love

Marengo Woods

Marengo Woods

1000-1100 Briden Dr,
Marengo, IL 60152

1-3 Beds | $1,195 - $1,535

489 Eisenhower St

489 Eisenhower St

489 Eisenhower St,
Marengo, IL 60152

3 Beds | $1,900

100 1/2 S State St

100 1/2 S State St

100 1/2 S State St,
Marengo, IL 60152

3 Beds | $1,750

489 Eisenhower St

489 Eisenhower St

489 Eisenhower St,
Marengo, IL 60152

3 Beds | $1,900

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Frequently Asked Questions

What is the average rent in Marengo?

The average rent in Marengo is $1,206 per month, which is 27.5% lower than the national average of $1,664.

Are rents going up or down in Marengo?

Rents in Marengo, IL are increasing, with prices up 3.3% year-over-year and $40 more per month.

What rent range is most common in Marengo?

In Marengo, IL, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Illinois Marengo 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity