340 Cary Algonquin Rd
CaryIL60013
Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Arrowhead area of Algonquin.
1323 Cunat Ct
Lake In The HillsIL60156
2313 Silverstone Dr
CarpentersvilleIL60110
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1380 Cunat Ct
Lake In The HillsIL60156
1517 Silverstone Dr
CarpentersvilleIL60110
1353 Cunat Ct
Lake In The HillsIL60156
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.
18 Madison St
AlgonquinIL60102
Showing Results 1-7, Page 1 of 1
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 | $2,055 | $1,795 | $2,850 |
| Arrowhead 3 Bedroom Homes for Rent | $2,600 | $2,000 | $3,000 |
| Arrowhead 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Arrowhead 5 Bedroom Homes for Rent | $4,700 | $4,000 | $5,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $1,552. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,840. 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 | $1,552 |
| Randall Village | The Chagall | 1BR,1BA | $1,840 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,897 |
Best Value Apartments for Rent in Arrowhead, IL
As of June 23, 2026 the best value apartment in the Arrowhead area is the $1.95 price per square foot Willowood Model at Redwood Crystal Lake in the in the Arrowhead neighborhood starting from $2,699. The second greatest value Arrowhead apartment is the Ballard Model at Riverwalk on Main starting at $2,350 with a $2.07 price per square foot in the Park Place 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 | $1.95 |
| Riverwalk on Main | Ballard | 2BR,2BA | $2.07 |
| Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
| Residence of Fairway Greens | 2.1.5B | 2BR,1.5BA | $1.95 |
| The Schoolhouse Apartments | 2 Bedroom | 2BR,1BA | $2.22 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.39 |
| Springs at Three Oaks | 1DC-G | 1 BR Designer Courtyard with Garage | 1BR,1BA | $2.39 |
| Randall Village | The Chagall | 1BR,1BA | $2.40 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Arrowhead, Algonquin, IL
Eastview Elementary School
Community Unit School District 300
Public School - Grades PK-5 (452)
9 out of 10
Harry D Jacobs High School
Community Unit School District 300
Public School - Grades 9-12 (2042)
8 out of 10
Algonquin Middle School
Community Unit School District 300
Public School - Grades 6-8 (400)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Arrowhead
What type of rentals are currently available in Arrowhead?
There are currently 43 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,552 to $3,020. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,210 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 $1,210 to $5,400 with an average monthly rent of $2,856.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.