Cheap Homes for Rent in Arrowhead Neighborhood of Algonquin, IL from $1,300 (8 Rentals)

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

property at 1819 Silverstone Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

1819 Silverstone Dr, Unit 1819, Unit 1819

1819 Silverstone Dr
CarpentersvilleIL60110

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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 Springs at Three Oaks priced from $1,643. Skyridge Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,680. Here are the most affordable Arrowhead apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Springs at Three Oaks1GC | 1 BR Grand Courtyard1BR,1BA$1,643
Skyridge Club ApartmentsMeadowlark1BR,1BA$1,680
Randall VillageThe Monet1BR,1BA$1,695

Best Value Apartments for Rent in Arrowhead, IL

As of May 08, 2026 the best value apartment in the Arrowhead area is the $1.67 price per square foot 3 Bedroom Model at The Schoolhouse Apartments in the in the Arrowhead neighborhood starting from $2,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Schoolhouse Apartments3 Bedroom3BR,2BA$1.67
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Springs at Three Oaks1DC | 1 BR Designer Courtyard1BR,1BA$2.07
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.20
Randall VillageThe Chagall1BR,1BA$2.40
Skyridge Club ApartmentsMeadowlark1BR,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.

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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 45 Apartments for Rent in Arrowhead, IL with pricing that ranges from $1,450 to $18,493. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arrowhead ranging from $1,395 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 $1,395 to $5,400 with an average monthly rent of $3,047.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.