close
View Me
$2,250 - $2,7251 to 2 Bedroom Apartments Available Sep 9
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 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waterford of Algonquin area of Algonquin.
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
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
Rent Specials
$1,425 - $1,7101 to 2 Bedroom Apartments Available Now
Eden Prairie Apartments
303 Lw Besinger DrCarpentersville, IL 60110
close
View Me
$1,235 - $1,4501 to 2 Bedroom Apartments Available Now
Meadowdale Apartments
101 Meadowdale CtCarpentersville, IL 60110
close
View Me
2 Bedroom Apartments
52-60 Elm St
52-60 Elm StCarpentersville, IL 60110
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
2 to 3 Bedroom Apartments
Fox View I, II
27 Oxford DrCarpentersville, IL 60110
Showing Results 1-7, Page 1 of 1
Waterford of Algonquin, Algonquin, IL Local Guide
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 | $1,594 | $1,235 | $2,300 |
| Waterford of Algonquin 2 Bedroom Apartments | $1,717 | $1,450 | $2,725 |
Browse Apartments in this Neighborhood
There are currently 7 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 Meadowdale Apartments priced from $1,235. 200 S Lincoln has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Waterford of Algonquin apartments for rent in Algonquin, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1,235 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 1 Bed 1 Bath Ground Level | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of August 29, 2026 the best value apartment in the Waterford of Algonquin area is the $2.27 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 $1,550. The second greatest value Waterford of Algonquin apartment is the 1 Bedroom - 1 Bath 667 sq ft Model at Meadowdale Apartments starting at $1,235 with a $1.85 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 | $2.27 |
| Meadowdale Apartments | 1 Bedroom - 1 Bath 667 sq ft | 1BR,1BA | $1.85 |
| 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
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.
Read Article
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 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 (389)
7 out of 10
Dundee-Crown High School
Community Unit School District 300
Public School - Grades 9-12 (2405)
6 out of 10
Algonquin Middle School
Community Unit School District 300
Public School - Grades 6-8 (400)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Waterford of Algonquin Apartments
How much is rent for a Cheap One Bedroom Waterford of Algonquin Apartment?
The lowest price for a Cheap One Bedroom Waterford of Algonquin Apartment is $1,235 at Meadowdale Apartments.
What is the lowest price for a Cheap Two Bedroom Waterford of Algonquin Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterford of Algonquin is starting from $1,545 at Eden Prairie Apartments.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.