Cheap Homes for Rent in the Arrowhead Neighborhood of Algonquin, IL from $1,475 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.

property at 1354 Cunat Ct
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Condo for Rent
Available Oct 30

1354 Cunat Ct, Unit 3A

1354 Cunat Ct
Lake In The HillsIL60156
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property at 1362 Cunat Ct
$1,600

Total Monthly Price

Base Rent$1,600

Total Monthly Price$1,600
2 Bedroom, 1 Bath Condo for Rent
Available Now

1362 Cunat Ct, Unit 1362 Cunat Ct Apt 2A

1362 Cunat Ct
Lake In The HillsIL60156

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property at 103 Capella Ct
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

103 Capella Ct

Lake In The HillsIL60156

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Arrowhead, Algonquin, IL Local Guide

Cheapest Available Arrowhead Homes for Rent

 

The cheapest available rental home in the Arrowhead area of Algonquin, IL is a 3 Beds home found at 537 Norman Dr priced from $2,549. 941 Viewpoint Dr has the second lowest priced home, which is a 3 Beds rental home currently listed from $2,690. Here are the most affordable Arrowhead homes for rent in Algonquin, IL:

Home ListingModel NameBed/BathPriced From
537 Norman Dr537 Norman Dr3BR, 2BA$2,549
941 Viewpoint Dr941 Viewpoint Dr3BR, 1BA$2,690
1411 Millbrook Dr1411 Millbrook Dr3BR, 2BA$2,775

Best Value Homes for Rent in Arrowhead, IL

As of September 22, 2026 the best value rental home in the Arrowhead area is the $1.34 price per square foot 6700 Pine Ln Model at 6700 Pine Ln in the Waterford of Algonquin neighborhood starting from $5,400. The second greatest value Arrowhead rental home is the 537 Norman Dr Model at 537 Norman Dr in the Arrowhead neighborhood starting at $2,549 with a $1.49 price per square foot. Here is today’s list of the best values for Arrowhead homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
6700 Pine Ln6700 Pine Ln5BR, 3BA$1.34
537 Norman Dr537 Norman Dr3BR, 2BA$1.49
941 Viewpoint Dr941 Viewpoint Dr3BR, 1.5BA$1.63
1411 Millbrook Dr1411 Millbrook Dr3BR, 2.5BA$1.74
103 Capella Ct103 Capella Ct2BR, 2.5BA$1.62
1110 Riverwood Dr1110 Riverwood Dr2BR, 2BA$2.05
1362 Cunat Ct, Unit 1362 Cunat Ct Apt 2A1362 Cunat Ct2BR, 1BA$2.00

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Arrowhead

What type of rentals are currently available in Arrowhead?

There are currently 48 Apartments for Rent in Arrowhead, IL with pricing that ranges from $570 to $2,734. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,475 to $5,400.

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 $1,475 to $5,400 with an average monthly rent of $2,609.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.