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Rent Specials
$2,185 - $3,5001 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.
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$1,1001 Bedroom Apartment Available Now
200 E Algonquin Rd, Unit 202.5
200 E Algonquin RdAlgonquin, IL 60102
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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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$1,520 - $1,6802 Bedroom Apartments Available Now
Eden Prairie Apartments
303 Lw Besinger DrCarpentersville, IL 60110
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Rent Specials
$1,185 - $1,4001 to 2 Bedroom Apartments Available Now
Meadowdale Apartments
101 Meadowdale CtCarpentersville, IL 60110
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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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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 | $1,736 | $1,100 | $2,340 |
| Waterford of Algonquin 2 Bedroom Apartments | $1,967 | $1,400 | $3,500 |
| Waterford of Algonquin 3 Bedroom Apartments | $15,487 | $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
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Cheapest Available Waterford of Algonquin Apartments for Rent
The cheapest available apartment rental in the Waterford of Algonquin area of Algonquin, IL is a 2 Beds unit found at Meadowdale Apartments priced from $1,400. 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 | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1,400 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $1,400 |
| Eden Prairie Apartments | 2 Bed 1 Bath B Level 3 | 2BR,1BA | $1,525 |
Best Value Apartments for Rent in Waterford of Algonquin, IL
As of October 14, 2025 the best value apartment in the Waterford of Algonquin area is the $2.06 price per square foot Arbordale Model at Riverwalk on Main in the in the Park Place neighborhood starting from $2,340. The second greatest value Waterford of Algonquin apartment is the 2 Bed 1 Bath B Level 3 Model at Eden Prairie Apartments starting at $1,525 with a $1.72 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. |
|---|---|---|---|
| Riverwalk on Main | Arbordale | 1BR,1BA | $2.06 |
| Eden Prairie Apartments | 2 Bed 1 Bath B Level 3 | 2BR,1BA | $1.72 |
| Meadowdale Apartments | 2 Bedroom 1 Bath 810 sq ft | 2BR,1BA | $1.73 |
| 200 E Algonquin Rd, Unit 202.5 | 200 E Algonquin Rd | 1BR,1BA | $1.57 |
| 200 S Lincoln | 1BD/1BA | 1BR,1BA | $2.15 |
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Pet Friendly LifestyleWaterford Of Algonquin, Algonquin, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $15,487.
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 1 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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.