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Rental Market Trends in McHenry, IL

What is the average rent in McHenry, IL?

$1,428/month

Average Rent

838 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of March 2026, the average rent in McHenry, IL is $1,428 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means McHenry rent prices are 12% lower than the national average. When you rent an apartment in McHenry, you can expect to pay about $1,374 per month for a studio, $1,428 for a one-bedroom apartment, and around $1,627 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,898 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,374/month
708 Sq Ft
One Bedroom
$1,428/month
838 Sq Ft
Two Bedroom
$1,627/month
1,092 Sq Ft
Three Bedroom
$1,898/month
1,279 Sq Ft
Floor Plan Type
Average Rent
Average 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 McHenry, IL?

In the past year, rent has increased by 1%, which averages out to $15 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 McHenry, IL
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in McHenry, IL
Percentage*
Rent Range
0% Below $700/month
35% $700 - $1,000/month
40% $1,001 - $1,500/month
20% $1,501 - $2,000/month
5% Above $2,000/month

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

Because the average rent in McHenry is $1,428, you’ll want to make about $4,760 per month or $57,120 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

McHenry, IL

185 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare McHenry, 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 McHenry, IL

Apartment Averages

Nearby City Rent Trends

  • Lakemoor Average Rent

Apartment communities in McHenry we think you'll love

McHenry Commons

McHenry Commons

3717 Municipal Dr,
McHenry, IL 60050

$588 - $1,515

1-2 Beds

The Blake at Fox River

The Blake at Fox River

3415 Blake Blvd,
McHenry, IL 60050

$1,555 - $3,377

1-2 Beds

The Villas At Patriot Estates

The Villas At Patriot Estates

5000 Key Ln,
McHenry, IL 60050

$1,915

1-2 Beds

Garden Quarter Apartments

Garden Quarter Apartments

4502-4518 Garden Quarter Rd,
McHenry, IL 60050

$1,199

1 Bed

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United States Illinois McHenry 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