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Cherry Valley, IL Homes for Rent

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  • 6840 Harrison Ave Unit 6840 harrison avenue, Rockford, IL 61108
    6840 Harrison Ave Unit 6840 harrison avenue, Rockford, IL 61108
    6840 Harrison Ave Unit 6840 harrison avenue, Rockford, IL 61108
    /28

    $900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    6840 Harrison Ave Unit 6840 harrison avenue, Rockford, IL 61108

    this is a first floor apartment in a side by side duplex. it is close to cherryvale mall. the apartment sits on 1 acre of land. it shares the land with one other duplex which faces carman drive. there is off street parking between the buildings. there are hardwood floors in the apartment. there is a lot of counter space and closet space in the apartment. there is a newer kitchen sink and faucet

    6840 Harrison Ave Unit 6840 harrison avenue, Rockford, IL 61108
  • 7572 Cherryvale N Blvd Unit 202, Cherry Valley, IL 61016
    7572 Cherryvale N Blvd Unit 202, Cherry Valley, IL 61016
    7572 Cherryvale N Blvd Unit 202, Cherry Valley, IL 61016
    /8

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    7572 Cherryvale N Blvd Unit 202, Cherry Valley, IL 61016

    Discover Deer Valley in Cherry Valley, IL — a one-bedroom, one-bath apartment that combines style and convenience. The unit features stainless appliances and modern grey cabinets that create a sleek, updated kitchen. Beautiful wood flooring runs throughout the living space, and a full-size front-load washer and dryer are included for in-home laundry convenience. Located in a community with a

    7572 Cherryvale N Blvd Unit 202, Cherry Valley, IL 61016
Illinois Winnebago County

Homes for Rent in Cherry Valley, IL

Why Live in Cherry Valley

Cherry Valley, Illinois, established in 1835, is a commuter hub with a small-town atmosphere, located between Rockford and Chicago. The village features a charming downtown area with oak-shaded streets and a mix of early 20th-century cottages and midcentury ranch-style homes. On the outskirts, subdivisions with New Traditional homes are more common, reflecting the significant construction boom of the 1990s and early 2000s. Cherry Valley is part of Winnebago County and falls under Rockford School District 205, with Cherry Valley Elementary showing notable growth in English and mathematics. Baumann Park, located at the village's center, is a popular spot for fishing, walking, and sports, while the nearby forest preserves offer hiking trails and kayaking opportunities along the Kishwaukee River. The village is well-connected by Interstates 90 and 39, facilitating commutes to Chicago, 80 miles away, and public transportation is available through the Rockford Mass Transit District. Essential services include the OSF Saint Anthony Medical Center and the Chicago Rockford International Airport, 10 miles away. Local businesses thrive along State Street, featuring mom-and-pop restaurants and coffee shops, while the north side hosts CherryVale Mall, the largest enclosed mall in northern Illinois outside of Chicago.

Learn more about living in Cherry Valley

Frequently Asked Questions

How much does it cost to rent a home in Cherry Valley, IL?
The median rent for a home in Cherry Valley, IL is $1,250 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Cherry Valley, IL?
To comfortably afford the median rent in Cherry Valley, IL, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Cherry Valley, IL, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cherry Valley, IL?
In Cherry Valley, IL, the price-to-rent ratio is 21.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cherry Valley, IL are best for renting a home?
The best neighborhood for renting in Cherry Valley, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Southeast Helping Hands, Keith Creek, Midtown District, Jackson Oaks and Signal Hill, each with its own character and price range.

Rental Trends in Cherry Valley, IL

There are currently 2 homes available for rent in Cherry Valley, IL. The median rent is $1,250 per month, with condos at $1,250.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,250
Median Condo Rent
$1,250
How to Rent a Home

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