
Cheap Homes for Rent in Gaslight Terrace North Neighborhood of Algonquin, IL from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Gaslight Terrace North area of Algonquin.


1517 Silverstone Dr

1380 Cunat Ct

302 Pocahontas Trail, Unit 102
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.

3609 Roanoke Ave

30 Waverly Ct

2614 Loren Ln

103 Capella Ct
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.

2232 Dawson Ln
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 | $2,241 | $1,850 | $2,400 |
| Gaslight Terrace North 3 Bedroom Homes for Rent | $2,828 | $2,715 | $3,000 |
| Gaslight Terrace North 4 Bedroom Homes for Rent | $3,412 | $3,000 | $4,150 |
| Gaslight Terrace North 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 3 mile radius of the Gaslight Terrace North Neighborhood of Algonquin, IL.
Explore Algonquin
Gaslight Terrace North, Algonquin, IL Local Guide
- Nearby Algonquin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Meadowdale Apartments priced from $1,235. Randall Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,615. Here are the most affordable Gaslight Terrace North apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| Randall Village | The Chagall | 1BR,1BA | $1,615 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,835 |
Best Value Apartments for Rent in Gaslight Terrace North, IL
As of June 09, 2026 the best value apartment in the Gaslight Terrace North area is the $2.25 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,550. 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. |
|---|---|---|---|
| Riverwalk on Main | Ballard | 2BR,2BA | $2.25 |
| Haber Pointe Apartments | 2 Br / 2 Ba | 2BR,2BA | $2.09 |
| Skyridge Club Apartments | Sandpiper | 2BR,1BA | $2.22 |
| Randall Village | The Monet | 1BR,1BA | $2.32 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.31 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
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 31 Apartments for Rent in Gaslight Terrace North, IL with pricing that ranges from $1,235 to $17,896. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gaslight Terrace North ranging from $1,850 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 $1,850 to $5,400 with an average monthly rent of $3,470.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.