
Cheap Homes for Rent in the Gaslight Terrace North Neighborhood of Algonquin, IL from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Gaslight Terrace North area of Algonquin.


22 Waterfront Ct

903 Silverstone Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

316 Amarillo Dr

179 Polaris Dr

1207 Silverstone Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

453 Village Creek Dr
Gaslight Terrace North, Algonquin, IL Local Guide

How much does it cost to rent a home in Gaslight Terrace North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gaslight Terrace North 2 Bedroom Homes for Rent | $2,290 | $1,995 | $2,475 |
| Gaslight Terrace North 3 Bedroom Homes for Rent | $2,589 | $1,990 | $2,895 |
| Gaslight Terrace North 4 Bedroom Homes for Rent | $3,325 | $2,650 | $4,000 |
| Gaslight Terrace North 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Gaslight Terrace North Neighborhood of Algonquin, IL.
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Gaslight Terrace North, Algonquin, IL Local Guide
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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 Cary Horizon priced from $570. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,855. Here are the most affordable Gaslight Terrace North apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cary Horizon | 1 Bedroom - 30-60% | 1BR,1BA | $570 |
| Randall Village | The Chagall | 1BR,1BA | $1,855 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,872 |
Best Value Apartments for Rent in Gaslight Terrace North, IL
As of July 24, 2026 the best value apartment in the Gaslight Terrace North area is the $0.94 price per square foot 1330 Braewood Dr Model at 1330 Braewood Dr, Unit 1 in the in the Waterford of Algonquin neighborhood starting from $1,690. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1330 Braewood Dr, Unit 1 | 1330 Braewood Dr | 1BR,1BA | $0.94 |
| Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
| Cary Horizon | 2 Bedroom - 60% | 2BR,1BA | $1.56 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.36 |
| Randall Village | The Chagall | 1BR,1BA | $2.42 |
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 ArticleReal 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
How much rent can you afford?
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.
Best Local Schools in Gaslight Terrace North, Algonquin, IL
Eastview Elementary School
Harry D Jacobs High School
Algonquin Middle School
School data provided by Great Schools
Frequently Asked Questions about Gaslight Terrace North
What type of rentals are currently available in Gaslight Terrace North?
There are currently 32 Apartments for Rent in Gaslight Terrace North, IL with pricing that ranges from $570 to $2,725. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gaslight Terrace North ranging from $1,350 to $5,400.
What is the current price range for Rental Homes in Gaslight Terrace North?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gaslight Terrace North ranges from $1,350 to $5,400 with an average monthly rent of $3,010.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.