close
View Me
$2,5501 to 2 Bedroom Apartments Available Now
Riverwalk on Main
1 N Main StAlgonquin, IL 60102
Cheap Apartments for Rent in the Grand Reserve Neighborhood of Algonquin, IL from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Grand Reserve area of Algonquin.
close
View Me
Rent Specials
$1,835 - $6,3171 to 2 Bedroom Apartments Available Now
Algonquin Square Apartment Homes
2400 Millbrook DrAlgonquin, IL 60102
close
View Me
1 to 2 Bedroom Apartments
Algonquin Square
2380 Esplanade DrAlgonquin, IL 60102
close
View Me
3 Bedroom Apartments
Westview Crossing
1007 Doctor John Burkey DrAlgonquin, IL 60102
close
View Me
Studio Apartments
122-140 Main St
122-140 Main StAlgonquin, IL 60102
close
View Me
Studio to 2 Bedroom Apartments
The Oaks at Algonquin
2595 Harnish DrAlgonquin, 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.
close
View Me
$1,615 - $1,9451 to 2 Bedroom Apartments Available Now
Randall Village
1637 Carlemont DrCrystal Lake, IL 60014
close
View Me
1 to 2 Bedroom Apartments
Wood Creek Village
1 W Acorn LnLake In The Hills, IL 60156
close
View Me
1 to 2 Bedroom Apartments
300 Village Creek Dr
300 Village Creek DrLake In The Hills, IL 60156
close
View Me
Studio to 2 Bedroom Apartments
The Residences of Lake in the Hills Senior 55
2601 Village Hall DrLake In The Hills, IL 60156
close
View Me
2 to 4 Bedroom Apartments
Conservancy at Gilberts
895 Brielle BlvdGilberts, IL 60136
close
View Me
Studio to 2 Bedroom Apartments
Melody Living Lake in the Hills
525 Harvest GateLake 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.
Showing Results 1-12, Page 1 of 1
Grand Reserve, Algonquin, IL Local Guide
How much does it cost to rent an apartment in Grand Reserve?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Reserve 1 Bedroom Apartments | $1,878 | $1,615 | $1,945 |
| Grand Reserve 2 Bedroom Apartments | $2,481 | $2,421 | $2,550 |
| Grand Reserve 3 Bedroom Apartments | $17,896 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 12 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 $1,615. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,835. Here are the most affordable Grand Reserve apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Randall Village | The Chagall | 1BR,1BA | $1,615 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $1,835 |
| Riverwalk on Main | Ballard | 2BR,2BA | $2,550 |
| Conservancy at Gilberts | Rome | 2BR,2BA | $2,800 |
Best Value Apartments for Rent in Grand Reserve, IL
As of June 06, 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 Ballard Model at Riverwalk on Main starting at $2,550 with a $2.25 price per square foot in the Park Place 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 |
| Riverwalk on Main | Ballard | 2BR,2BA | $2.25 |
| Randall Village | The Monet | 1BR,1BA | $2.32 |
| Algonquin Square Apartment Homes | The Gillilan | 1BR,1BA | $2.31 |
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 Article
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.
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.
Let everyone know!
Do you know the Grand Reserve area?
If you’re an expert on all things Grand Reserve, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Grand Reserve, Algonquin, IL
Harry D Jacobs High School
Community Unit School District 300
Public School - Grades 9-12 (2042)
8 out of 10
Westfield Community School
Community Unit School District 300
Public School - Grades PK-8 (1285)
7 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 $1,615 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
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.