340 Cary Algonquin Rd
CaryIL60013
Cheap Homes for Rent in Algonquin, IL from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Algonquin.
1375 Cunat Ct
Lake In The HillsIL60156
627 S Virginia Rd
Crystal LakeIL60014
651 S Virginia Rd
Crystal LakeIL60014
350 College St
Crystal LakeIL60014
439 Berkshire Dr
Crystal LakeIL60014
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.
425 Berkshire Dr
Crystal LakeIL60014
219 Uteg St
Crystal LakeIL60014
833 Village Quarter Rd
West DundeeIL60118
1917 Silverstone Dr
CarpentersvilleIL60110
1517 Silverstone Dr
CarpentersvilleIL60110
490 Westwood Ct
Crystal LakeIL60014
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
Algonquin, IL Local Guide
How much does it cost to rent a home in Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Algonquin 2 Bedroom Homes for Rent | $2,057 | $1,525 | $3,197 |
| Algonquin 3 Bedroom Homes for Rent | $2,872 | $1,950 | $4,100 |
| Algonquin 4 Bedroom Homes for Rent | $3,425 | $3,000 | $4,150 |
| Algonquin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
Browse Top Homes for Rent in Algonquin
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Algonquin, IL Local Guide
- Algonquin Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Algonquin, IL
Pricing Updated: 06/05/2026Current apartment rentals in the Algonquin, IL area range in price from $1,235 to $17,896 with an overall median price of $9,515. The three Algonquin neighborhoods with the lowest median rent pricing are Square Barn Road School Campus at $1,300, Arrowhead at $1,524, and High Hill Farms at $1,524. 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 | $2,095 | $1,300 | 11 |
| Arrowhead | $2,400 | $1,524 | 21 |
| High Hill Farms | $2,797 | $1,524 | 13 |
| Creek's Crossing | $3,383 | $1,235 | 16 |
| Willoughby Farms | $3,383 | $1,400 | 5 |
| Alta Vista | $17,896 | $1,235 | 11 |
| Gaslight Terrace North | $17,896 | $1,235 | 12 |
| Grand Reserve | $17,896 | $1,615 | 7 |
| Waterford of Algonquin | $17,896 | $1,235 | 13 |
Cheapest Available Algonquin Apartments for Rent and Nearby
The cheapest available apartment rental in Algonquin, IL is a Studio unit found at 39 Surrey Dr in the West Ridge Village neighborhood priced from $1,100. Meadowdale Apartments in the Waterford of Algonquin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,235. Here is today’s list of the most affordable Algonquin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 39 Surrey Dr | 39 Surrey Drive | Studio,1BA | $1,100 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| The Cornell Luxury Apartments | Studio | 1BR,1BA | $1,300 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Algonquin, IL and Nearby
As of June 06, 2026 the best value apartment in the Algonquin area is the $2.05 price per square foot Cypress Point Model at Reserve Randall Road in the in the Willoughby Farms neighborhood starting from $2,613. The second greatest value Algonquin apartment is the Champion Single Wide Model at Oakbrook Estates- Senior 55+ Community starting at $1,700 with a $1.42 price per square foot in the Fox Trails 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. |
|---|---|---|---|
| Reserve Randall Road | Cypress Point | 2BR,2BA | $2.05 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| 1900 at Canterfield Apartment Homes | B4- Upper | 2BR,2BA | $1.96 |
| Woodcreek | Apt B | 2BR,2BA | $1.60 |
| The Church Street Apartments | 2 Bedroom | 2BR,2BA | $2.00 |
| Crystal Lake Apartments | 2 Bedroom Townhome with Firepl | 2BR,1BA | $1.96 |
| 2123 Hillside Ter, Unit 2 | 2123 Hillside Ter | 2BR,1BA | $1.89 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
| 39 Surrey Dr | 39 Surrey Drive | Studio ,1BA | $1.69 |
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.
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Best Local Schools in Algonquin, IL
Eastview Elementary School
Community Unit School District 300
Public School - Grades PK-5 (452)
9 out of 10
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
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 63 Apartments for Rent in Algonquin, IL with pricing that ranges from $826 to $17,896. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $1,210 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 $1,210 to $5,400 with an average monthly rent of $3,011.
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 $17,896, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,100. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $3,400.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.