Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.

2413 Silverstone Dr, Unit 2413
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1345 Cunat Ct, Unit 3A

1345 Cunat Ct

1352 Cunat Ct

2008 Limestone Ln

300 Village Creek Dr

2243 Flagstone Ln
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.

1007 Horizon

1547 Millbrook Dr

2623 Amber Ct

1531 Millbrook Dr
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 | $2,098 | $1,800 | $2,500 |
Arrowhead 3 Bedroom Homes for Rent | $2,625 | $2,300 | $3,500 |
Arrowhead 4 Bedroom Homes for Rent | $3,419 | $2,695 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Studio unit found at Springs at Three Oaks priced from $1,616. Skyridge Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,627. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio,1BA | $1,616 |
Skyridge Club Apartments | Meadowlark | 1BR,1BA | $1,627 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $1,784 |
Residence of Fairway Greens | FGB2 Two Bed One Bath | 2BR,1BA | $1,795 |
Randall Village | The Monet | 1BR,1BA | $1,858 |
Best Value Apartments for Rent in Arrowhead, IL
As of September 15, 2025 the best value apartment in the Arrowhead area is the $1.50 price per square foot 18 Madison St Model at 18 Madison St, Unit Upper Unit in the in the Park Place neighborhood starting from $1,800. The second greatest value Arrowhead apartment is the 2 Br / 2 Ba Model at Haber Pointe Apartments starting at $2,300 with a $2.09 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. |
---|---|---|---|
18 Madison St, Unit Upper Unit | 18 Madison St | 2BR,1BA | $1.50 |
Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
Riverwalk on Main | Ashcroft | 1BR,1.5BA | $2.18 |
Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1BA | $1.76 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.14 |
Randall Village | The Monet | 1BR,1BA | $2.24 |
Skyridge Club Apartments | Meadowlark | 1BR,1BA | $2.32 |
Springs at Three Oaks | SGO | Studio Grand Overlook | Studio ,1BA | $2.44 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleArrowhead, Algonquin, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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
Frequently Asked Questions about Arrowhead
What type of rentals are currently available in Arrowhead?
There are currently 44 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,320 to $13,268. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,450 to $4,600.
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 $1,450 to $4,600 with an average monthly rent of $2,491.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.