Cheap Homes for Rent in Lena, IL from $500 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Lena.

Lena, IL Local Guide

Cheapest Available Lena Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lena, IL is a 2 Beds unit found at Rockford Housing Authority in the Central Terrace neighborhood priced from $480. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Lena apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rockford Housing AuthorityPark Terrace 2 Bed2BR,1BA$480
Northland Park ApartmentsStudioStudio,1BA$625
Greenfield96-a2BR,1BA$650
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Roberts Court1 Bed, 1 bath1BR,1BA$715

Best Value Apartments for Rent in Lena, IL and Nearby

As of April 06, 2025 the best value apartment in the Lena area is the $0.83 price per square foot 3BD/3BA Model at Dixon River Apartments in the starting from $910. The second greatest value Lena apartment is the 2 Bedroom 1.5 Bath Model at Riverside Glen Apartments starting at $962 with a $1.01 price per square foot in the North Rock neighborhood. Here is today’s list of the best values for Lena apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dixon River Apartments3BD/3BA3BR,2BA$0.83
Riverside Glen Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.01
Halsted Park ApartmentsExtra Large 2 Bedroom 1 Bath2BR,1BA$1.00
Beloit Hillcrest2 Bed 1 Bath (A)2BR,1BA$1.17
Greenfield116-a2BR,1BA$0.72
Westwinds2BD 1BA2BR,1BA$0.86
Kiwanis Manor Apartments3001 - updated2BR,1BA$1.00
Roberts Court1 Bed, 1 bath1BR,1BA$1.10
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12
Rockford Housing AuthorityOlesen Plaza 1 Bed1BR,1BA$0.98

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Lena

What type of rentals are currently available in Lena?

There are currently 42 Apartments for Rent in Lena, IL with pricing that ranges from $480 to $3,050. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lena ranging from $550 to $2,550.

What is the current price range for Rental Homes in Lena?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lena ranges from $550 to $2,550 with an average monthly rent of $1,386.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.