McHenry, IL Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in McHenry is $1,698, a 9.05% increase compared to the previous year, when the average rent was $1,557.
Studio Apartments at $1,176 offer the most budget-friendly option with 582 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 697 square feet for $1,407, balancing privacy and affordability.
Two-beedroom units at $1,832 offer 1,214 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,248 sq ft) for $1,950, suitable for larger households.
Average rent in McHenry, IL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,698 | 1,048 sq. ft. |
| Studio | $1,176 | 582 sq. ft. |
| 1 Bed | $1,407 | 697 sq. ft. |
| 2 Beds | $1,832 | 1,214 sq. ft. |
| 3 Beds | $1,950 | 1,248 sq. ft. |
McHenry, IL rent trends
Rental prices in McHenry, IL have increased by 9.05% over the past year. The average rent moved from $1,557 to $1,698.
What's the typical rent budget in McHenry, IL?
The largest share of rentals in McHenry, IL (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in McHenry, IL?
3,074 or 27% of the households in McHenry, IL are renter-occupied while 8,473 or 73% are owner-occupied.
How McHenry Compares to Other Cities
| City | Average Rent |
|---|---|
| McHenry | $1,698 |
| Chicago | $2,432 |
| Oak Park | $2,213 |
| Evanston | $2,568 |
| Rockford | $1,252 |
| Skokie | $2,128 |
| Peoria | $1,218 |
| Aurora | $1,865 |
| Naperville | $2,082 |
| Waukegan | $1,365 |
| Dekalb | $1,105 |
| Grayslake, IL | $1,512 |
| Crystal Lake, IL | $2,006 |
| Gurnee, IL | $1,793 |
| Barrington, IL | $2,683 |
| Libertyville, IL | $2,363 |
| Vernon Hills, IL | $2,368 |
| Lake Villa, IL | $1,640 |
| Mundelein, IL | $1,843 |
| Carpentersville, IL | $1,483 |
| Dundee, IL | $2,189 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all McHenry apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.