Cheap Apartments for Rent in the Gaslight Terrace North Neighborhood of Algonquin, IL from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Gaslight Terrace North area of Algonquin.

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Arrowhead Apartments
1 to 2 Bedroom Apartments

Arrowhead Apartments

25 Arrowhead DrAlgonquin, IL 60102
  • Utilities Included
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Algonquin Square
1 to 2 Bedroom Apartments

Algonquin Square

2380 Esplanade DrAlgonquin, IL 60102
  • Smoke Free

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.

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The Oaks at Algonquin
Studio to 2 Bedroom Apartments

The Oaks at Algonquin

2595 Harnish DrAlgonquin, IL 60102
Senior Living
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Westview Crossing
3 Bedroom Apartments

Westview Crossing

1007 Doctor John Burkey DrAlgonquin, IL 60102

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fox View I, II
3 Bedroom Apartments

Fox View I, II

27 Oxford DrCarpentersville, IL 60110
  • Utilities Included
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Wood Creek Village
1 to 2 Bedroom Apartments

Wood Creek Village

1 W Acorn LnLake In The Hills, IL 60156
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300 Village Creek Dr
1 to 2 Bedroom Apartments

300 Village Creek Dr

300 Village Creek DrLake In The Hills, IL 60156

Gaslight Terrace North, Algonquin, IL Local Guide

Cheapest Available Gaslight Terrace North Apartments for Rent

 

The cheapest available apartment rental in the Gaslight Terrace North area of Algonquin, IL is a 1 Bed unit found at Randall Village priced from $1,614. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,674. Here are the most affordable Gaslight Terrace North apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Randall VillageThe Monet1BR,1BA$1,614
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,674
Riverwalk on MainAmber1BR,1BA$2,195
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2,300

Best Value Apartments for Rent in Gaslight Terrace North, IL

As of June 20, 2025 the best value apartment in the Gaslight Terrace North area is the $2.28 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,590. The second greatest value Gaslight Terrace North 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 Gaslight Terrace North apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverwalk on MainBallard2BR,2BA$2.28
Haber Pointe Apartments2 Br / 2 Ba2BR,2BA$2.09
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.14
Randall VillageThe Chagall1BR,1BA$2.30

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Gaslight Terrace North, Algonquin, IL

Ranked #6

Among neighborhoods in Algonquin, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Gaslight Terrace North, Algonquin, and the greater Algonquin area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Getting Around the Gaslight Terrace North Neighborhood in Algonquin, IL

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Gaslight Terrace North Apartments

How much is rent for a Cheap One Bedroom Gaslight Terrace North Apartment?

The lowest price for a Cheap One Bedroom Gaslight Terrace North Apartment is $1,614 at Randall Village.

What is the lowest price for a Cheap Two Bedroom Gaslight Terrace North Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gaslight Terrace North is starting from $2,224 at Algonquin Square Apartment Homes.

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.