241 Wedgewood Cir
Lake In The HillsIL60156
Cheap Homes for Rent in Algonquin, IL from $1,300 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Algonquin.
1330 Cunat Ct, Unit 1F
1330 Cunat Ct
Lake In The HillsIL60156
2219 Silverstone Dr
CarpentersvilleIL60110
5 Arrowhead Dr
AlgonquinIL60102
1371 Cunat Ct
Lake In The HillsIL60156
2327 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.
1431 Silverstone Dr
CarpentersvilleIL60110
1371 Cunat Ct
Lake In The HillsIL60156
1372 Cunat Ct
Lake In The HillsIL60156
1309 Silverstone Dr
CarpentersvilleIL60110
1309 Silverstone Dr
CarpentersvilleIL60110
1531 Silverstone 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.
1332 Cunat Ct
Lake In The HillsIL60156
427 Village Creek Dr
Lake In The HillsIL60156
2427 Silverstone Dr
CarpentersvilleIL60110
2427 Silverstone Dr
CarpentersvilleIL60110
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$1,9002 Bedroom Apartments Available Now
129 Polaris Dr
129 Polaris DrLake In The Hills, IL 60156
2125 Silverstone 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.
Showing Results 1-18, 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 | $1,950 | $1,550 | $2,595 |
| Algonquin 3 Bedroom Homes for Rent | $2,743 | $2,000 | $3,900 |
| Algonquin 4 Bedroom Homes for Rent | $2,809 | $2,100 | $3,950 |
| Algonquin 5 Bedroom Homes for Rent | $5,400 | $5,400 | $5,400 |
| Algonquin 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
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: 01/21/2026Current apartment rentals in the Algonquin, IL area range in price from $1,235 to $32,376 with an overall median price of $20,852. The three Algonquin neighborhoods with the lowest median rent pricing are Square Barn Road School Campus at $1,575, Creek's Crossing at $1,235, and Arrowhead at $1,588. 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 | 22 |
| Creek's Crossing | $3,138 | $1,235 | 35 |
| Arrowhead | $17,686 | $1,588 | 47 |
| High Hill Farms | $17,686 | $1,588 | 40 |
| Willoughby Farms | $17,757 | $1,400 | 25 |
| Alta Vista | $32,376 | $1,235 | 11 |
| Gaslight Terrace North | $32,376 | $1,235 | 24 |
| Grand Reserve | $32,376 | $1,640 | 18 |
| Waterford of Algonquin | $32,376 | $1,235 | 13 |
Cheapest Available Algonquin Apartments for Rent
The cheapest available apartment rental in Algonquin, IL is a 1 Bed unit found at 200 S Lincoln in the Waterford of Algonquin neighborhood priced from $1,400. Blackhawk Apartment Homes in the Beacon Pointe neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,480. Here is today’s list of the most affordable Algonquin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $1,480 |
| Eden Prairie Apartments | 1 Bed 1 Bath Renovated Ground Level | 1BR,1BA | $1,495 |
| Wing Park Residence | wp-1bs | 1BR,1BA | $1,500 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Algonquin, IL
As of January 21, 2026 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 Rome Model at Conservancy at Gilberts starting at $2,730 with a $1.86 price per square foot in the Square Barn Road School Campus 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 |
| Conservancy at Gilberts | Rome | 2BR,2.5BA | $1.86 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.88 |
| Riverwalk on Main | Benton | 2BR,2BA | $1.93 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Highland Springs | One Bedroom | 1BR,1BA | $1.53 |
| Woodcreek | Apt B | 2BR,2BA | $1.55 |
| Residence of Fairway Greens | 2bed one and half bath, basement | 2BR,1.5BA | $1.88 |
| 129 Polaris Dr, Unit Ike | 129 Polaris Dr | 2BR,1.5BA | $1.90 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 63 Apartments for Rent in Algonquin, IL with pricing that ranges from $826 to $32,376. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $1,300 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 $1,300 to $5,400 with an average monthly rent of $2,886.
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 $32,376, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,100 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
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.
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.
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!