Cheap Apartments for Rent in the Grand Reserve Neighborhood of Algonquin, IL from $700 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Grand Reserve area of Algonquin.

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Algonquin Square
1 to 2 Bedroom Apartments

Algonquin Square

2380 Esplanade DrAlgonquin, IL 60102
  • Smoke Free
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Westview Crossing
3 Bedroom Apartments

Westview Crossing

1007 Doctor John Burkey DrAlgonquin, IL 60102
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122-140 Main St
Studio Apartments

122-140 Main St

122-140 Main StAlgonquin, IL 60102
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The Oaks at Algonquin
Studio to 2 Bedroom Apartments

The Oaks at Algonquin

2595 Harnish DrAlgonquin, IL 60102
Senior Living

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.

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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

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.

Grand Reserve, Algonquin, IL Local Guide

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 $1,765. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,912. Here are the most affordable Grand Reserve apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Randall VillageThe Picasso B1BR,1BA$1,765
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,912
Conservancy at GilbertsRome2BR,2BA$2,800

Best Value Apartments for Rent in Grand Reserve, IL

As of July 21, 2026 the best value apartment in the Grand Reserve 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 $1,700. The second greatest value Grand Reserve apartment is the Ravello Model at Conservancy at Gilberts starting at $3,150 with a $2.34 price per square foot in the Square Barn Road School Campus neighborhood. Here is today’s list of the best values for Grand Reserve apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1330 Braewood Dr, Unit 11330 Braewood Dr1BR,1BA$0.94
Conservancy at GilbertsRavello3BR,2BA$2.34
Algonquin Square Apartment HomesThe Cornish1BR,1BA$2.41
Randall VillageThe Chagall1BR,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.

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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.

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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 $1,765 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.