
Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.


109 Cary St

1375 Cunat Ct

18 Spring St
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.

311 Village Creek Dr

1352 Cunat Ct

1345 Cunat Ct, Unit 3A

1345 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 a home in Arrowhead?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arrowhead 2 Bedroom Homes for Rent | $2,075 | $1,500 | $2,735 |
Arrowhead 3 Bedroom Homes for Rent | $2,516 | $2,095 | $2,975 |
Arrowhead 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Arrowhead Neighborhood of Algonquin, IL.
Explore Algonquin
Arrowhead, Algonquin, IL Local Guide
- Nearby Algonquin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 15, 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 |
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.
Frequently Asked Questions about Arrowhead
What type of rentals are currently available in Arrowhead?
There are currently 47 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,330 to $3,527. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,100 to $3,500.
What is the current price range for Rental Homes in Arrowhead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Arrowhead ranges from $1,100 to $3,500 with an average monthly rent of $2,355.
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.