Cheap Homes for Rent in Grand Reserve Neighborhood of Algonquin, IL from $1,300 (7 Rentals)

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

property at 1330 Cunat Ct

$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

1330 Cunat Ct, Unit 1F

1330 Cunat Ct
Lake In The HillsIL60156

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 $1,640. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,736. Here are the most affordable Grand Reserve apartments for rent in Algonquin, IL:

Apartment ListingModel NameBed/BathPriced From
Randall VillageThe Picasso1BR,1BA$1,640
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$1,736
Riverwalk on MainBristol2BR,2BA$2,490

Best Value Apartments for Rent in Grand Reserve, IL

As of January 27, 2026 the best value apartment in the Grand Reserve area is the $1.86 price per square foot Rome Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $2,730. The second greatest value Grand Reserve apartment is the Bristol Model at Riverwalk on Main starting at $2,490 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Conservancy at GilbertsRome2BR,2.5BA$1.86
Riverwalk on MainBristol2BR,2BA$1.77
518 N Harrison St, Unit C518 N Harrison St2BR,2.5BA$1.95
Algonquin Square Apartment HomesThe Gillilan1BR,1BA$2.18
Randall VillageThe Chagall1BR,1BA$2.37

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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The 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.

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Cash 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.

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Frequently Asked Questions about Grand Reserve

What type of rentals are currently available in Grand Reserve?

There are currently 26 Apartments for Rent in Grand Reserve, IL with pricing that ranges from $1,640 to $32,376. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Reserve ranging from $1,300 to $5,400.

What is the current price range for Rental Homes in Grand Reserve?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Reserve ranges from $1,300 to $5,400 with an average monthly rent of $3,157.

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

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.