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$2,3201 to 2 Bedroom Apartments Available Mar 1
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.
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$1,900
Total Monthly Price
2 Bedroom Apartment Available Mar 1Total Monthly Price
Base Rent
$1,900
Total Monthly Price
$1,900
518 N Harrison St, Unit C
518 N Harrison StAlgonquin, IL 60102
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Studio Apartments
122-140 Main St
122-140 Main StAlgonquin, IL 60102
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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.
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$1,395 - $1,6601 to 2 Bedroom Apartments Available Now
Eden Prairie Apartments
303 Lw Besinger DrCarpentersville, IL 60110
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$1,235 - $1,4501 to 2 Bedroom Apartments Available Jun 1
Meadowdale Apartments
101 Meadowdale CtCarpentersville, IL 60110
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2 Bedroom Apartments
52-60 Elm St
52-60 Elm StCarpentersville, IL 60110
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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.
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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 | $1,533 | $1,235 | $2,320 |
| Waterford of Algonquin 2 Bedroom Apartments | $1,625 | $1,450 | $1,900 |
| Waterford of Algonquin 3 Bedroom Apartments | $19,093 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
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Cheapest Available Waterford of Algonquin Apartments for Rent
| 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 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of February 28, 2026 the best value apartment in the Waterford of Algonquin area is the $2.19 price per square foot 1 Bed 1 Bath Renovated Ground Level Model at Eden Prairie Apartments in the in the Waterford of Algonquin neighborhood starting from $1,495. The second greatest value Waterford of Algonquin apartment is the 1BD/1BA Model at 200 S Lincoln starting at $1,400 with a $2.15 price per square foot in the Waterford of Algonquin 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. |
|---|---|---|---|
| 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.
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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.
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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.
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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 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 12 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.