530 Locust St
ElginIL60123
Cheap Homes for Rent in Algonquin, IL from $1,500 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Algonquin.
23 N Channing St
ElginIL60120
1371 Cunat Ct
Lake In The HillsIL60156
423 Berkshire Dr
Crystal LakeIL60014
1372 Cunat Ct
Lake In The HillsIL60156
1309 Silverstone Dr
CarpentersvilleIL60110
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.
1309 Silverstone Dr
CarpentersvilleIL60110
1371 Cunat Ct
Lake In The HillsIL60156
427 Village Creek Dr
Lake In The HillsIL60156
1809 Silverstone Dr
CarpentersvilleIL60110
1131 Silverstone Dr
CarpentersvilleIL60110
2300 Woodside Dr
CarpentersvilleIL60110
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.
1231 Silverstone Dr
CarpentersvilleIL60110
1231 Silverstone Dr
CarpentersvilleIL60110
1531 Silverstone Dr
CarpentersvilleIL60110
7 Cardinal Ln
CarpentersvilleIL60110
301 Village Creek Dr
Lake In The HillsIL60156
2125 Silverstone Dr
CarpentersvilleIL60110
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.
100 Harvest Gate Rd
Lake In The HillsIL60156
437 Village Creek Dr
Lake In The HillsIL60156
3642 Roanoke Ave
CarpentersvilleIL60110
122 Polaris Dr
Lake In The HillsIL60156
1316 Monroe St
Lake In The HillsIL60156
1236 Brookdale Dr
CarpentersvilleIL60110
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.
2237 Dawson Ln
AlgonquinIL60102
1547 Millbrook Dr
AlgonquinIL60102
Showing Results 1-26, Page 1 of 1
Algonquin, IL Local Guide
Illinois Prairie by Kevin is licensed under CC BY 2.0
How much does it cost to rent a home in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin 2 Bedroom Homes for Rent | $1,998 | $1,550 | $2,525 |
| Algonquin 3 Bedroom Homes for Rent | $2,808 | $2,300 | $4,000 |
| Algonquin 4 Bedroom Homes for Rent | $2,896 | $2,000 | $4,200 |
| Algonquin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Top Homes for Rent in Algonquin
Explore Algonquin
Algonquin, IL Local Guide
- Algonquin Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Algonquin, IL
Pricing Updated: 11/29/2025Current apartment rentals in the Algonquin, IL area range in price from $1,185 to $15,516 with an overall median price of $9,783. The three Algonquin neighborhoods with the lowest median rent pricing are Square Barn Road School Campus at $1,575, Arrowhead at $1,668, and High Hill Farms at $1,668. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Algonquin Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Square Barn Road School Campus | $1,900 | $1,575 | 9 |
| Arrowhead | $2,675 | $1,668 | 29 |
| High Hill Farms | $3,050 | $1,668 | 23 |
| Creek's Crossing | $9,183 | $1,185 | 27 |
| Willoughby Farms | $9,183 | $1,400 | 20 |
| Alta Vista | $15,516 | $1,185 | 7 |
| Gaslight Terrace North | $15,516 | $1,185 | 14 |
| Grand Reserve | $15,516 | $1,668 | 12 |
| Waterford of Algonquin | $15,516 | $1,185 | 10 |
Cheapest Available Algonquin Apartments for Rent
The cheapest available apartment rental in Algonquin, IL is a 1 Bed unit found at Blackhawk Apartment Homes in the Beacon Pointe neighborhood priced from $1,385. 200 S Lincoln in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Algonquin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,385 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Level 3 | 2BR,1BA | $1,500 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
| Crystal Lake Apartments | 1 Bedroom | 1BR,1BA | $1,635 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1,700 |
| Darlington Court Apartments | 2 Bedroom/2 Bath | 2BR,2BA | $1,735 |
| Algonquin Square Apartment Homes | The Cornish | 1BR,1BA | $1,774 |
| Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1BA | $1,812 |
| Randall Village | The Chagall | 1BR,1BA | $1,815 |
Best Value Apartments for Rent in Algonquin, IL
As of November 30, 2025 the best value apartment in the Algonquin area is the $1.31 price per square foot Four Bedroom Model at Princeton West Townhomes in the in the Beacon Pointe neighborhood starting from $3,400. The second greatest value Algonquin apartment is the TH-A Model at Enclave Crystal Lake Townhomes and Apartments starting at $3,075 with a $1.83 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Algonquin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Princeton West Townhomes | Four Bedroom | 4BR,5BA | $1.31 |
| Enclave Crystal Lake Townhomes and Apartments | TH-A | 2BR,2.5BA | $1.83 |
| Redwood Crystal Lake | Haydenwood Sunroom | 2BR,2BA | $1.76 |
| Conservancy at Gilberts | Ravello | 3BR,2BA | $1.97 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Residence of Fairway Greens | FGB2 Two Bed One Bath | 2BR,1BA | $1.82 |
| Darlington Court Apartments | 2 Bedroom/2 Bath | 2BR,2BA | $1.71 |
| Skyridge Club Apartments | Skylark | 2BR,2BA | $1.97 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Renovated Level 3 | 2BR,1BA | $1.92 |
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
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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Best Local Schools in Algonquin, IL
Eastview Elementary School
Community Unit School District 300
Public School - Grades PK-5 (385)
10 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
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Algonquin, IL Rentals by Map
See the most popular apartments and homes in Algonquin, IL
Frequently Asked Questions about Algonquin
What type of rentals are currently available in Algonquin?
There are currently 62 Apartments for Rent in Algonquin, IL with pricing that ranges from $826 to $15,516. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $1,550 to $5,400.
What is the current price range for Rental Homes in Algonquin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Algonquin ranges from $1,550 to $5,400 with an average monthly rent of $3,275.
How much are larger Three and Four Bedroom Rentals in Algonquin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Algonquin range from $1,500 to $15,516, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,400.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.