
Cheap Apartments for Rent in the Arrowhead Neighborhood of Algonquin, IL from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arrowhead area of Algonquin.


Eden Prairie Apartments

The Residences of Lake in the Hills Senior 55
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

109 Cary St

1375 Cunat Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Arrowhead, Algonquin, IL Local Guide

How much does it cost to rent an apartment in Arrowhead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arrowhead Studio Apartments | $1,715 | $1,575 | $1,855 |
Arrowhead 1 Bedroom Apartments | $1,888 | $1,330 | $2,835 |
Arrowhead 2 Bedroom Apartments | $2,419 | $1,475 | $3,527 |
Arrowhead 3 Bedroom Apartments | $2,536 | $1,500 | $3,253 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Arrowhead Neighborhood of Algonquin, IL.
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Arrowhead, Algonquin, IL Local Guide
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Cheapest Available Arrowhead Apartments for Rent
 The cheapest available apartment rental in the Arrowhead area of Algonquin, IL is a 1 Bed unit found at Eden Prairie Apartments priced from $1,330. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,614. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,330 |
Randall Village | The Monet | 1BR,1BA | $1,614 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1,700 |
Best Value Apartments for Rent in Arrowhead, IL
As of June 14, 2025 the best value apartment in the Arrowhead area is the $1.81 price per square foot Willowood Model at Redwood Crystal Lake in the in the Park Place neighborhood starting from $2,499. The second greatest value Arrowhead apartment is the Haydenwood Model at Redwood Fox River Grove starting at $2,565 with a $1.91 price per square foot in the Waterford of Algonquin neighborhood. Here is today’s list of the best values for Arrowhead apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Redwood Crystal Lake | Willowood | 2BR,2BA | $1.81 |
Redwood Fox River Grove | Haydenwood | 2BR,2BA | $1.91 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
Residence of Fairway Greens | CB121.5 Two bedroom/one and half bath | 2BR,1.5BA | $1.90 |
Eden Prairie Apartments | 2 Bed 1 Bath A Renovated | 2BR,1BA | $1.96 |
Water's Edge | The Grove | 1BR,1BA | $2.28 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.18 |
Springs at Three Oaks | 1DC-G | 1 BR Designer Courtyard with Garage | 1BR,1BA | $2.33 |
Randall Village | The Chagall | 1BR,1BA | $2.30 |
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Pet Friendly LifestyleArrowhead, Algonquin, IL
Ranked #1
Among neighborhoods in Algonquin, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Arrowhead, Algonquin, IL
Eastview Elementary School
Harry D Jacobs High School
Algonquin Middle School
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Algonquin. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Arrowhead Apartments
How much is rent for a Cheap One Bedroom Arrowhead Apartment?
The lowest price for a Cheap One Bedroom Arrowhead Apartment is $1,330 at Eden Prairie Apartments.
What is the lowest price for a Cheap Two Bedroom Arrowhead Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Arrowhead is starting from $1,505 at Eden Prairie Apartments.
What is the most affordable Arrowhead Three Bedroom Apartment?
The best deal on a cheap Arrowhead Three Bedroom Apartment rental is at Oakbrook Estates- Senior 55+ Community and starts from $1,700.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.