Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,100 (8 Rentals)

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

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.

property at 1345 Cunat Ct

1345 Cunat Ct, Unit 3A

1345 Cunat Ct
Lake In The HillsIL60156

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

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 ListingModel NameBed/BathPriced From
Eden Prairie Apartments1 Bed 1 Bath Ground Level1BR,1BA$1,330
Randall VillageThe Monet1BR,1BA$1,614
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Crystal LakeWillowood2BR,2BA$1.81
Redwood Fox River GroveHaydenwood2BR,2BA$1.91
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Residence of Fairway GreensCB121.5 Two bedroom/one and half bath2BR,1.5BA$1.90
Eden Prairie Apartments2 Bed 1 Bath A Renovated2BR,1BA$1.96
Water's EdgeThe Grove1BR,1BA$2.28
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.18
Springs at Three Oaks1DC-G | 1 BR Designer Courtyard with Garage1BR,1BA$2.33
Randall VillageThe Chagall1BR,1BA$2.30

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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.

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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.

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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.

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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.

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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.