
Cheap Homes for Rent in Grand Reserve Neighborhood of Algonquin, IL from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Grand Reserve area of Algonquin.


1332 Cunat Ct

1345 Cunat Ct
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.

300 Village Creek Dr

1 Acorn Ln

7424 Grandview Ct
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

7424 Grandview Ct
Grand Reserve, Algonquin, IL Local Guide

How much does it cost to rent a home in Grand Reserve?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Grand Reserve 2 Bedroom Homes for Rent | $2,121 | $1,675 | $2,505 |
Grand Reserve 3 Bedroom Homes for Rent | $2,532 | $2,000 | $2,900 |
Grand Reserve 4 Bedroom Homes for Rent | $3,148 | $2,895 | $3,449 |
Grand Reserve 5 Bedroom Homes for Rent | $4,800 | $4,800 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Grand Reserve Neighborhood of Algonquin, IL.
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Grand Reserve, Algonquin, IL Local Guide
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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 $1,634. Algonquin Square Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,740. 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 | $1,634 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $1,740 |
Riverwalk on Main | Amber | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Grand Reserve, IL
As of July 25, 2025 the best value apartment in the Grand Reserve area is the $2.07 price per square foot Ballard Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,350. The second greatest value Grand Reserve apartment is the The Cornish Model at Algonquin Square Apartment Homes starting at $1,740 with a $2.09 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. |
---|---|---|---|
Riverwalk on Main | Ballard | 2BR,2BA | $2.07 |
Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $2.09 |
Randall Village | The Monet | 1BR,1BA | $1.97 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Grand Reserve
What type of rentals are currently available in Grand Reserve?
There are currently 25 Apartments for Rent in Grand Reserve, IL with pricing that ranges from $1,634 to $4,460. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Reserve ranging from $1,375 to $4,800.
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 $1,375 to $4,800 with an average monthly rent of $2,877.
How much are larger Three and Four Bedroom Rentals in Grand Reserve?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Reserve range from $2,780 to $3,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $3,730.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.