409 N Main St
AlgonquinIL60102
Cheap Homes for Rent in Algonquin, IL from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Algonquin.
1375 Cunat Ct
Lake In The HillsIL60156
1332 Cunat Ct
Lake In The HillsIL60156
1352 Cunat Ct
Lake In The HillsIL60156
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.
279 Bayview Rd
ElginIL60123
1345 Cunat Ct, Unit 3A
1345 Cunat Ct
Lake In The HillsIL60156
1345 Cunat Ct
Lake In The HillsIL60156
1347 Cunat Ct, Unit 2A
1347 Cunat Ct
Lake In The HillsIL60156
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 1-8, 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 | $2,143 | $1,700 | $3,200 |
| Algonquin 3 Bedroom Homes for Rent | $2,670 | $2,300 | $3,000 |
| Algonquin 4 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
| Algonquin 5 Bedroom Homes for Rent | $2,999 | $2,499 | $3,500 |
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: 06/20/2025Current apartment rentals in the Algonquin, IL area range in price from $1,100 to $3,995 with an overall median price of $2,937. The three Algonquin neighborhoods with the lowest median rent pricing are High Hill Farms at $2,100, Waterford of Algonquin at $1,100, and Creek's Crossing at $1,100. 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 |
|---|---|---|---|
| High Hill Farms | $2,200 | $2,100 | 1 |
| Waterford of Algonquin | $2,550 | $1,100 | 15 |
| Creek's Crossing | $2,700 | $1,100 | 17 |
| Alta Vista | $2,999 | $1,100 | 15 |
| Arrowhead | $2,999 | $1,100 | 18 |
| Gaslight Terrace North | $2,999 | $1,100 | 20 |
| Grand Reserve | $2,999 | $1,100 | 24 |
| Willoughby Farms | $2,999 | $1,100 | 21 |
| Square Barn Road School Campus | $3,995 | $2,000 | 19 |
Cheapest Available Algonquin Apartments for Rent
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 $1,175. The Church Street Apartments in the Park Place neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. 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 | Studio,1BA | $1,175 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| The Cornell Luxury Apartments | Studio | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Algonquin, IL
As of June 20, 2025 the best value apartment in the Algonquin area is the $1.76 price per square foot Milan Model at Conservancy at Gilberts in the in the Square Barn Road School Campus neighborhood starting from $3,730. The second greatest value Algonquin apartment is the Willowood Model at Redwood Crystal Lake starting at $2,499 with a $1.81 price per square foot in the Arrowhead 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. |
|---|---|---|---|
| Conservancy at Gilberts | Milan | 4BR,2.5BA | $1.76 |
| Redwood Crystal Lake | Willowood | 2BR,2BA | $1.81 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| Crystal Lake Apartments | 2 Bedroom Townhome | 2BR,1BA | $1.95 |
| 311 Barrington Ave Lofts | 1 Bed Room | 1BR,1BA | $1.75 |
| Eden Prairie Apartments | 2 Bed 1 Bath A Renovated | 2BR,1BA | $1.96 |
| The Cornell Luxury Apartments | 1 bedroom | 1BR,1BA | $2.04 |
| The Church Street Apartments | 1 Bedroom | 1BR,1BA | $1.63 |
| Blackhawk Apartment Homes | One Bedroom - 723 sqft | 1BR,1BA | $2.03 |
| 39 Surrey Dr | 39 Surrey | Studio ,1BA | $1.88 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Algonquin area?
If you’re an expert on all things Algonquin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Algonquin
What type of rentals are currently available in Algonquin?
There are currently 61 Apartments for Rent in Algonquin, IL with pricing that ranges from $826 to $4,460. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algonquin ranging from $1,100 to $3,995.
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 $1,100 to $3,995 with an average monthly rent of $2,608.
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 $3,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $3,995 and Four Bedroom Apartments start at $2,500.
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.