close
View Me
Rent Specials
$2,490 - $3,1651 to 2 Bedroom Apartments Available Now
Riverwalk on Main
1 N Main StAlgonquin, IL 60102
Cheap Apartments for Rent in the Waterford of Algonquin Neighborhood of Algonquin, IL from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford of Algonquin area of Algonquin.
close
View Me
$1,9502 Bedroom Apartment Available Now
518 N Harrison St, Unit C
518 N Harrison StAlgonquin, IL 60102
close
View Me
Studio Apartments
122-140 Main St
122-140 Main StAlgonquin, IL 60102
close
View Me
1 to 2 Bedroom Apartments
Arrowhead Apartments
25 Arrowhead DrAlgonquin, IL 60102
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.
close
View Me
$1,495 - $1,6401 to 2 Bedroom Apartments Available Now
Eden Prairie Apartments
303 Lw Besinger DrCarpentersville, IL 60110
close
View Me
Rent Specials
$1,235 - $1,4501 to 2 Bedroom Apartments Available Apr 1
Meadowdale Apartments
101 Meadowdale CtCarpentersville, IL 60110
close
View Me
2 Bedroom Apartments
52-60 Elm St
52-60 Elm StCarpentersville, IL 60110
close
View Me
2 to 3 Bedroom Apartments
Fox View I, II
27 Oxford DrCarpentersville, IL 60110
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.
Showing Results 1-8, Page 1 of 1
Waterford of Algonquin, Algonquin, IL Local Guide
Illinois Prairie by Kevin is licensed under CC BY 2.0
How much does it cost to rent an apartment in Waterford of Algonquin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterford of Algonquin 1 Bedroom Apartments | $1,435 | $1,235 | $1,495 |
| Waterford of Algonquin 2 Bedroom Apartments | $1,762 | $1,450 | $3,165 |
| Waterford of Algonquin 3 Bedroom Apartments | $32,376 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 3 mile radius of the Waterford of Algonquin Neighborhood of Algonquin, IL.
See all Apartments in AlgonquinExplore Algonquin
Waterford of Algonquin, Algonquin, IL Local Guide
- Nearby Algonquin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Waterford of Algonquin Apartments for Rent
The cheapest available apartment rental in the Waterford of Algonquin area of Algonquin, IL is a 1 Bed unit found at 200 S Lincoln priced from $1,400. Eden Prairie Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here are the most affordable Waterford of Algonquin apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 1 Bed 1 Bath Renovated Ground Level | 1BR,1BA | $1,495 |
| Riverwalk on Main | Bristol | 2BR,2BA | $2,490 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of January 13, 2026 the best value apartment in the Waterford of Algonquin area is the $1.93 price per square foot Benton Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,600. The second greatest value Waterford of Algonquin apartment is the 518 N Harrison St Model at 518 N Harrison St, Unit C starting at $1,950 with a $1.95 price per square foot in the Park Place neighborhood. Here is today’s list of the best values for Waterford of Algonquin apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverwalk on Main | Benton | 2BR,2BA | $1.93 |
| 518 N Harrison St, Unit C | 518 N Harrison St | 2BR,2.5BA | $1.95 |
| Eden Prairie Apartments | 1 Bed 1 Bath Renovated Ground Level | 1BR,1BA | $2.19 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
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
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 Waterford of Algonquin area?
If you’re an expert on all things Waterford of Algonquin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Waterford Of Algonquin, Algonquin, IL
Algonquin Lakes Elementary School
Community Unit School District 300
Public School - Grades K-5 (412)
6 out of 10
Dundee-Crown High School
Community Unit School District 300
Public School - Grades 9-12 (2636)
5 out of 10
Algonquin Middle School
Community Unit School District 300
Public School - Grades 6-8 (399)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Waterford of Algonquin Apartments
What is the price of a cheap apartment in Waterford of Algonquin?
The cheapest apartment in Waterford of Algonquin is 200 S Lincoln which is listed at $1,400, while the average apartment in Waterford of Algonquin costs $32,376.
What types of apartments are the cheapest in Waterford of Algonquin?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Waterford of Algonquin that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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!