
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

Oakbrook Estates- Senior 55+ Community

The Residences of Lake in the Hills Senior 55

1375 Cunat Ct
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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 | $1,813 | $1,724 | $1,885 |
Arrowhead 1 Bedroom Apartments | $2,141 | $1,538 | $4,090 |
Arrowhead 2 Bedroom Apartments | $2,467 | $1,480 | $5,216 |
Arrowhead 3 Bedroom Apartments | $2,542 | $1,500 | $2,908 |
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 2 Beds unit found at Eden Prairie Apartments priced from $1,505. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,538. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Eden Prairie Apartments | 2 Bed 1 Bath B | 2BR,1BA | $1,505 |
Randall Village | The Chagall | 1BR,1BA | $1,538 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,669 |
Best Value Apartments for Rent in Arrowhead, IL
As of April 30, 2025 the best value apartment in the Arrowhead area is the $1.74 price per square foot Willowood Model at Redwood Crystal Lake in the in the Park Place neighborhood starting from $2,399. The second greatest value Arrowhead apartment is the 43 E Main St Model at 43 E Main St, Unit 43A starting at $1,800 with a $1.38 price per square foot in the Arrowhead 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 | $1.74 |
43 E Main St, Unit 43A | 43 E Main St | 2BR,1BA | $1.38 |
Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
Riverwalk on Main | Ballard | 2BR,2BA | $2.36 |
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 B | 2BR,1BA | $1.69 |
Water's Edge | The Grove | 1BR,1BA | $2.28 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.35 |
Randall Village | The Chagall | 1BR,1BA | $2.01 |
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Pet Friendly LifestyleArrowhead, Algonquin, IL
Ranked #2
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 $1,538 at Randall Village.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.