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$2,5501 to 2 Bedroom Apartments Available Aug 10
Riverwalk on Main
1 N Main StAlgonquin, IL 60102
Cheap Apartments for Rent in the Grand Reserve Neighborhood of Algonquin, IL from $700 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Reserve area of Algonquin.
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Rent Specials
$1,834 - $6,3061 to 2 Bedroom Apartments Available Now
Algonquin Square Apartment Homes
2400 Millbrook DrAlgonquin, IL 60102
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1 to 2 Bedroom Apartments
Algonquin Square
2380 Esplanade DrAlgonquin, IL 60102
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3 Bedroom Apartments
Westview Crossing
1007 Doctor John Burkey DrAlgonquin, IL 60102
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1 Bedroom Apartments
102 N Main St
102 N Main StAlgonquin, IL 60102
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Studio to 2 Bedroom Apartments
814-840 Elm St
814-840 Elm StAlgonquin, IL 60102
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.
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Studio Apartments
730-744 Elm St
730-744 Elm StAlgonquin, IL 60102
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Studio to 1 Bedroom Apartments
200-208 E Algonquin Rd
200-208 E Algonquin RdAlgonquin, IL 60102
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Studio Apartments
122-140 Main St
122-140 Main StAlgonquin, IL 60102
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Studio to 2 Bedroom Apartments
The Oaks at Algonquin
2595 Harnish DrAlgonquin, IL 60102
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$1,695 - $2,1751 to 2 Bedroom Apartments Available Now
Randall Village
1637 Carlemont DrCrystal Lake, IL 60014
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1 to 2 Bedroom Apartments
Wood Creek Village
1 W Acorn LnLake In The Hills, IL 60156
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.
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1 to 2 Bedroom Apartments
300 Village Creek Dr
300 Village Creek DrLake In The Hills, IL 60156
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Studio Apartments
Randall Village
Randall RdCrystal Lake, IL 60014
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2 Bedroom Apartments
30 Acre multi-unit, very unique property
37W793 Binnie RdWest Dundee, IL 60118
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Studio to 2 Bedroom Apartments
The Residences of Lake in the Hills Senior 55
2601 Village Hall DrLake In The Hills, IL 60156
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2 to 4 Bedroom Apartments
Conservancy at Gilberts
895 Brielle BlvdGilberts, IL 60136
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Studio to 2 Bedroom Apartments
Melody Living Lake in the Hills
525 Harvest GateLake In The Hills, IL 60156
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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1 to 3 Bedroom Apartments
305 Pyott Rd
305 Pyott RdLake In The Hills, IL 60156
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2 Bedroom Apartments
Silo Glen Apartments
316 Tecumseh TrlLake In The Hills, IL 60156
Showing Results 1-20, Page 1 of 1
Grand Reserve, Algonquin, IL Local Guide
Illinois Prairie by Kevin is licensed under CC BY 2.0
How much does it cost to rent an apartment in Grand Reserve?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Reserve 1 Bedroom Apartments | $1,862 | $1,695 | $2,000 |
| Grand Reserve 2 Bedroom Apartments | $2,455 | $2,175 | $2,550 |
| Grand Reserve 3 Bedroom Apartments | $17,896 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 3 mile radius of the Grand Reserve Neighborhood of Algonquin, IL.
See all Apartments in AlgonquinExplore Algonquin
Grand Reserve, Algonquin, IL Local Guide
- Nearby Algonquin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Grand Reserve Apartments for Rent
The cheapest available apartment rental in the Grand Reserve area of Algonquin, IL is a 1 Bed unit found at Randall Village priced from $1,695. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,834. Here are the most affordable Grand Reserve apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Randall Village | The Monet | 1BR,1BA | $1,695 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,834 |
| Conservancy at Gilberts | Rome | 2BR,2BA | $2,800 |
Best Value Apartments for Rent in Grand Reserve, IL
As of April 21, 2026 the best value apartment in the Grand Reserve area is the $2.47 price per square foot Ravello Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,325. The second greatest value Grand Reserve apartment is the The Gillilan Model at Algonquin Square Apartment Homes starting at $1,834 with a $2.31 price per square foot in the Arrowhead neighborhood. Here is today’s list of the best values for Grand Reserve apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Conservancy at Gilberts | Ravello | 3BR,2BA | $2.47 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.31 |
| Randall Village | The Chagall | 1BR,1BA | $2.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
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Best Local Schools in Grand Reserve, Algonquin, IL
Lincoln Prairie Elementary School
Community Unit School District 300
Public School - Grades PK-5 (448)
6 out of 10
Harry D Jacobs High School
Community Unit School District 300
Public School - Grades 9-12 (2080)
8 out of 10
Westfield Community School
Community Unit School District 300
Public School - Grades PK-8 (1354)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Grand Reserve Apartments
How much is rent for a Cheap One Bedroom Grand Reserve Apartment?
The lowest price for a Cheap One Bedroom Grand Reserve Apartment is $1,695 at Randall Village.
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
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.